3,260 Shares in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) Bought by Quest Partners LLC

Quest Partners LLC bought a new stake in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,260 shares of the financial services provider’s stock, valued at approximately $135,000.

Other institutional investors have also bought and sold shares of the company. Whittier Trust Co. bought a new position in Atlanta Braves in the 2nd quarter worth about $26,000. Nisa Investment Advisors LLC increased its stake in shares of Atlanta Braves by 1,500.0% in the second quarter. Nisa Investment Advisors LLC now owns 640 shares of the financial services provider’s stock worth $26,000 after buying an additional 600 shares during the period. Quent Capital LLC raised its stake in shares of Atlanta Braves by 1,607.7% during the first quarter. Quent Capital LLC now owns 666 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 627 shares during the last quarter. Obermeyer Wood Investment Counsel Lllp bought a new position in Atlanta Braves during the 1st quarter valued at approximately $251,000. Finally, SageView Advisory Group LLC purchased a new stake in Atlanta Braves in the fourth quarter worth $265,000. Hedge funds and other institutional investors own 12.31% of the company’s stock.

Atlanta Braves Trading Down 0.1 %

Shares of BATRA opened at $43.60 on Tuesday. The firm’s 50-day moving average price is $44.79 and its 200-day moving average price is $42.58. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $2.70 billion, a price-to-earnings ratio of -21.80 and a beta of 0.90. Atlanta Braves Holdings, Inc. has a 1-year low of $36.78 and a 1-year high of $46.65.

Atlanta Braves (NASDAQ:BATRA) last posted its quarterly earnings data on Thursday, August 8th. The financial services provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.32 by $0.14. Atlanta Braves had a negative net margin of 9.18% and a negative return on equity of 11.36%. The business had revenue of $282.88 million for the quarter, compared to analyst estimates of $288.20 million. During the same quarter in the previous year, the firm posted ($0.55) earnings per share. Sell-side analysts anticipate that Atlanta Braves Holdings, Inc. will post -0.39 EPS for the current year.

Insider Activity at Atlanta Braves

In related news, major shareholder Associated Capital Group, Inc. bought 2,000 shares of the stock in a transaction on Monday, June 24th. The shares were acquired at an average price of $39.96 per share, for a total transaction of $79,920.00. Following the purchase, the insider now owns 7,550 shares of the company’s stock, valued at $301,698. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 4.83% of the stock is owned by insiders.

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.