Jane Street Group LLC Cuts Stake in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA)

Jane Street Group LLC lessened its stake in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) by 35.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,733 shares of the financial services provider’s stock after selling 5,423 shares during the quarter. Jane Street Group LLC’s holdings in Atlanta Braves were worth $410,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of BATRA. Bank of New York Mellon Corp boosted its stake in Atlanta Braves by 13.1% during the second quarter. Bank of New York Mellon Corp now owns 35,224 shares of the financial services provider’s stock valued at $1,456,000 after buying an additional 4,071 shares during the last quarter. Rhumbline Advisers boosted its position in shares of Atlanta Braves by 7.9% during the 2nd quarter. Rhumbline Advisers now owns 17,139 shares of the financial services provider’s stock valued at $708,000 after acquiring an additional 1,254 shares during the last quarter. Quest Partners LLC purchased a new position in shares of Atlanta Braves in the second quarter valued at $135,000. Wedbush Securities Inc. bought a new stake in Atlanta Braves in the second quarter worth $209,000. Finally, Renaissance Technologies LLC raised its stake in Atlanta Braves by 7.9% during the second quarter. Renaissance Technologies LLC now owns 232,900 shares of the financial services provider’s stock valued at $9,626,000 after purchasing an additional 17,000 shares in the last quarter. Hedge funds and other institutional investors own 12.31% of the company’s stock.

Atlanta Braves Trading Down 0.5 %

Shares of BATRA stock opened at $39.92 on Wednesday. The company has a market cap of $2.47 billion, a PE ratio of -54.68 and a beta of 0.78. 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 stock’s 50 day simple moving average is $41.72 and its two-hundred day simple moving average is $42.97. Atlanta Braves Holdings, Inc. has a 1 year low of $39.58 and a 1 year high of $46.65.

Atlanta Braves 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.