State of New Jersey Common Pension Fund D Has $1.99 Million Holdings in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

State of New Jersey Common Pension Fund D raised its position in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 12.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 52,050 shares of the financial services provider’s stock after purchasing an additional 5,877 shares during the quarter. State of New Jersey Common Pension Fund D owned approximately 0.10% of Atlanta Braves worth $1,991,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. R Squared Ltd acquired a new stake in shares of Atlanta Braves during the 4th quarter worth approximately $41,000. Quest Partners LLC grew its position in shares of 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. ABC Arbitrage SA acquired a new stake in shares of Atlanta Braves during the 4th quarter worth approximately $204,000. Quantinno Capital Management LP acquired a new stake in shares of Atlanta Braves during the 3rd quarter worth approximately $205,000. Finally, FORA Capital LLC acquired a new stake in shares of Atlanta Braves during the 3rd quarter worth approximately $211,000. Institutional investors and hedge funds own 64.88% of the company’s stock.

Atlanta Braves Stock Down 1.8 %

Shares of BATRK opened at $39.60 on Monday. Atlanta Braves Holdings, Inc. has a 12-month low of $35.81 and a 12-month high of $44.42. The business’s fifty day moving average is $38.49 and its 200 day moving average is $40.01. The stock has a market cap of $2.01 billion, a P/E ratio of -54.25 and a beta of 0.73.

Insider Transactions at Atlanta Braves

In related news, major shareholder John C. Malone bought 24,646 shares of Atlanta Braves stock in a transaction on Wednesday, January 29th. The stock was 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 of the company’s stock, valued at $8,864,354.52. This represents 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 available through this hyperlink. Insiders have acquired 44,932 shares of company stock worth $1,864,395 in the last ninety days. Company insiders own 11.43% of the company’s stock.

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.