2 weeks Ago By ABMN Staff
Legal & General Group Plc lowered its position in Atlanta Braves Holdings, Inc. ( NASDAQ:BATRK – Free Report ) by 9.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission.
The fund owned 48,772 shares of the financial services provider’s stock after selling 4,986 shares during the quarter. Legal & General Group Plc owned 0.10% of Atlanta Braves worth $1,866,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Federated Hermes Inc. purchased a new stake in Atlanta Braves during the fourth quarter worth approximately $40,000.
Envestnet Asset Management Inc. lifted its holdings in shares of Atlanta Braves by 3.0% during the 4th quarter.
Envestnet Asset Management Inc. now owns 33,202 shares of the financial services provider’s stock valued at $1,270,000 after acquiring an additional 962 shares in the last quarter. Breach Inlet Capital Management LLC boosted its position in Atlanta Braves by 10.
3% during the 4th quarter. Breach Inlet Capital Management LLC now owns 519,378 shares of the financial services provider’s stock worth $19,871,000 after purchasing an additional 48,414 shares during the period. Wells Fargo & Company MN increased its holdings in Atlanta Braves by 82.
3% in the 4th quarter. Wells Fargo & Company MN now owns 66,198 shares of the financial services provider’s stock valued at $2,533,000 after purchasing an additional 29,894 shares in the last quarter. Finally, Rangeley Capital LLC acquired a new stake in Atlanta Braves in the 4th quarter valued at $383,000.
Hedge funds and other institutional investors own 64.88% of the company’s stock. Insider Transactions at Atlanta Braves In other news, major shareholder John C.
Malone acquired 24,646 shares of the company’s stock in a transaction that occurred on Wednesday, January 29th. The shares were acquired at an average price of $41.94 per share, with a total value of $1,033,653.
24. Following the acquisition, the insider now directly owns 211,358 shares in the company, valued at approximately $8,864,354.52.
The trade was a 13.20 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink .
In the last ninety days, insiders have purchased 152,372 shares of company stock worth $6,320,018. 11.43% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth Get Our Latest Stock Analysis on Atlanta Braves Atlanta Braves Price Performance Shares of BATRK stock opened at $39.25 on Friday. The firm has a market cap of $2.
01 billion, a P/E ratio of -53.77 and a beta of 0.56.
The firm has a fifty day moving average of $39.05 and a two-hundred day moving average of $39.24.
Atlanta Braves Holdings, Inc. has a 1-year low of $35.46 and a 1-year high of $44.
43. Atlanta Braves ( NASDAQ:BATRK – Get Free Report ) last posted its quarterly earnings results on Wednesday, February 26th. The financial services provider reported ($0.
31) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.69) by $0.38.
The firm had revenue of $52.12 million for the quarter, compared to analyst estimates of $48.20 million.
On average, sell-side analysts expect that Atlanta Braves Holdings, Inc. will post -0.89 EPS for the current year.
About Atlanta Braves ( Free Report ) Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves Major league baseball club. It also operates mixed-use development project, including retail, office, hotel, and entertainment projects. The company was incorporated in 2022 and is based in Englewood, Colorado.
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