Wilmington Savings Fund Society FSB Acquires Shares of 12,737 Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

Wilmington Savings Fund Society FSB acquired a new position in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) in the third quarter, HoldingsChannel.com reports. The fund acquired 12,737 shares of the financial services provider’s stock, valued at approximately $507,000.

Several other hedge funds have also modified their holdings of the company. Barclays PLC raised its stake in shares of Atlanta Braves by 160.3% during the 3rd quarter. Barclays PLC now owns 82,330 shares of the financial services provider’s stock worth $3,276,000 after buying an additional 50,702 shares during the period. Quantinno Capital Management LP purchased a new stake in Atlanta Braves in the 3rd quarter worth $205,000. Quarry LP raised its position in Atlanta Braves by 0.9% during the third quarter. Quarry LP now owns 51,562 shares of the financial services provider’s stock worth $2,052,000 after acquiring an additional 456 shares during the period. Harvey Partners LLC lifted its holdings in Atlanta Braves by 14.6% during the third quarter. Harvey Partners LLC now owns 507,000 shares of the financial services provider’s stock valued at $20,179,000 after purchasing an additional 64,500 shares in the last quarter. Finally, Verition Fund Management LLC purchased a new stake in shares of Atlanta Braves in the third quarter valued at approximately $815,000. 64.88% of the stock is owned by hedge funds and other institutional investors.

Atlanta Braves Price Performance

NASDAQ:BATRK opened at $39.75 on Tuesday. The firm has a market capitalization of $2.02 billion, a price-to-earnings ratio of -54.45 and a beta of 0.68. Atlanta Braves Holdings, Inc. has a 1-year low of $36.74 and a 1-year high of $44.42. The company’s 50-day moving average is $40.23 and its two-hundred day moving average is $40.81.

Atlanta Braves Company Profile

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.