Atlanta Braves Holdings, Inc. (NASDAQ:BATRA – Get Free Report) major shareholder Mario J. Gabelli bought 352 shares of the firm’s stock in a transaction on Friday, October 11th. The stock was acquired at an average price of $41.50 per share, for a total transaction of $14,608.00. Following the completion of the purchase, the insider now directly owns 25,152 shares in the company, valued at approximately $1,043,808. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Atlanta Braves Stock Performance
Shares of BATRA opened at $43.38 on Thursday. 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 stock has a 50-day moving average price of $43.85 and a 200-day moving average price of $42.79. The company has a market cap of $2.68 billion, a PE ratio of -21.69 and a beta of 0.88. Atlanta Braves Holdings, Inc. has a 12-month low of $36.78 and a 12-month high of $46.65.
Atlanta Braves (NASDAQ:BATRA – Get Free Report) last announced its earnings results on Thursday, August 8th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.14. The business had revenue of $282.88 million during the quarter, compared to analyst estimates of $288.20 million. Atlanta Braves had a negative net margin of 9.18% and a negative return on equity of 11.36%. During the same period in the previous year, the business posted ($0.55) earnings per share. As a group, equities analysts forecast that Atlanta Braves Holdings, Inc. will post -0.39 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Atlanta Braves
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.
Read More
- Five stocks we like better than Atlanta Braves
- What Do S&P 500 Stocks Tell Investors About the Market?
- Taiwan Semiconductor Stock: Buy Now or Wait for Earnings?
- What is Forex and How Does it Work?
- Abbott’s Growth and Dividends Make It a Smart Portfolio Pick
- What is a Dividend King?
- Citigroup Faces Growing Troubles: Could the Industry Be at Risk?
Receive News & Ratings for Atlanta Braves Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlanta Braves and related companies with MarketBeat.com's FREE daily email newsletter.