Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) Major Shareholder Purchases $12,450.00 in Stock

Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) major shareholder Gamco Investors, Inc. Et Al acquired 300 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were purchased at an average price of $41.50 per share, with a total value of $12,450.00. Following the transaction, the insider now owns 2,800 shares of the company’s stock, valued at approximately $116,200. This represents a 12.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Atlanta Braves Stock Performance

NASDAQ:BATRA opened at $41.95 on Thursday. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.70 and a quick ratio of 0.70. The company has a market cap of $2.60 billion, a price-to-earnings ratio of -57.47 and a beta of 0.85. Atlanta Braves Holdings, Inc. has a 1 year low of $39.59 and a 1 year high of $46.65. The stock’s 50 day simple moving average is $42.56 and its two-hundred day simple moving average is $43.03.

Hedge Funds Weigh In On Atlanta Braves

A number of institutional investors and hedge funds have recently made changes to their positions in BATRA. Whittier Trust Co. purchased a new stake in Atlanta Braves during the 2nd quarter valued at $26,000. Nisa Investment Advisors LLC lifted its holdings in shares of Atlanta Braves by 1,500.0% in the 2nd quarter. Nisa Investment Advisors LLC now owns 640 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 600 shares during the last quarter. Quent Capital LLC boosted its stake in shares of Atlanta Braves by 1,607.7% during the 3rd quarter. Quent Capital LLC now owns 666 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 627 shares during the period. US Bancorp DE bought a new position in Atlanta Braves during the 3rd quarter valued at about $28,000. Finally, GAMMA Investing LLC raised its position in Atlanta Braves by 5,336.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,033 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 1,014 shares during the period. 12.31% of the stock is owned by hedge funds and other institutional investors.

About Atlanta Braves

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.