Asset Management One Co. Ltd. Sells 923 Shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

Asset Management One Co. Ltd. lowered its position in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 4.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 19,950 shares of the financial services provider’s stock after selling 923 shares during the period. Asset Management One Co. Ltd.’s holdings in Atlanta Braves were worth $753,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Foundations Investment Advisors LLC acquired a new position in Atlanta Braves during the 3rd quarter worth about $213,000. Diversify Advisory Services LLC lifted its holdings in Atlanta Braves by 3.4% during the 3rd quarter. Diversify Advisory Services LLC now owns 15,052 shares of the financial services provider’s stock worth $607,000 after buying an additional 489 shares during the period. Harbor Capital Advisors Inc. lifted its holdings in Atlanta Braves by 76.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 315,424 shares of the financial services provider’s stock worth $12,554,000 after buying an additional 137,124 shares during the period. Entropy Technologies LP acquired a new position in Atlanta Braves during the 3rd quarter worth about $300,000. Finally, Quest Partners LLC lifted its holdings in Atlanta Braves by 28,820.0% during the 3rd quarter. Quest Partners LLC now owns 4,338 shares of the financial services provider’s stock worth $173,000 after buying an additional 4,323 shares during the period. Institutional investors own 64.88% of the company’s stock.

Atlanta Braves Trading Up 0.2 %

Shares of BATRK opened at $40.31 on Friday. The company has a market capitalization of $2.05 billion, a PE ratio of -55.22 and a beta of 0.73. Atlanta Braves Holdings, Inc. has a 12 month low of $35.81 and a 12 month high of $44.42. The stock’s 50-day moving average price is $38.49 and its two-hundred day moving average price is $40.03.

Insiders Place Their Bets

In other Atlanta Braves news, major shareholder John C. Malone acquired 15,192 shares of the company’s stock in a transaction dated Wednesday, January 22nd. The shares were bought at an average cost of $40.62 per share, with a total value of $617,099.04. Following the purchase, the insider now directly owns 146,020 shares of the company’s stock, valued at $5,931,332.40. This trade represents a 11.61 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders have purchased 44,932 shares of company stock valued at $1,864,395. 11.43% of the stock is currently owned by company insiders.

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.