The Manufacturers Life Insurance Company Sells 665 Shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRA)

The Manufacturers Life Insurance Company reduced its position in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) by 11.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,116 shares of the financial services provider’s stock after selling 665 shares during the period. The Manufacturers Life Insurance Company’s holdings in Atlanta Braves were worth $216,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of BATRA. Renaissance Technologies LLC lifted its position in shares of Atlanta Braves by 7.9% in the 2nd quarter. Renaissance Technologies LLC now owns 232,900 shares of the financial services provider’s stock worth $9,626,000 after purchasing an additional 17,000 shares during the period. Aurora Investment Counsel grew its holdings in shares of Atlanta Braves by 12.1% during the 2nd quarter. Aurora Investment Counsel now owns 45,723 shares of the financial services provider’s stock worth $1,890,000 after acquiring an additional 4,945 shares during the period. Alden Global Capital LLC bought a new position in shares of Atlanta Braves in the 2nd quarter worth approximately $1,301,000. GAMMA Investing LLC lifted its stake in shares of Atlanta Braves by 5,336.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,033 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 1,014 shares during the period. Finally, Nisa Investment Advisors LLC boosted its position in shares of Atlanta Braves by 1,500.0% during the second quarter. Nisa Investment Advisors LLC now owns 640 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 600 shares in the last quarter. 12.31% of the stock is owned by institutional investors.

Atlanta Braves Stock Up 1.0 %

BATRA stock opened at $41.52 on Tuesday. The business has a 50 day moving average of $42.38 and a 200 day moving average of $43.10. The firm has a market cap of $2.57 billion, a PE ratio of -56.88 and a beta of 0.80. Atlanta Braves Holdings, Inc. has a twelve month low of $39.67 and a twelve month high of $46.65. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.12.

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.