Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) Major Shareholder Gamco Investors, Inc. Et Al Buys 300 Shares

Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) major shareholder Gamco Investors, Inc. Et Al bought 300 shares of the stock in a transaction dated Friday, November 22nd. The shares were bought at an average cost of $41.50 per share, with a total value of $12,450.00. Following the completion of the acquisition, the insider now directly owns 2,800 shares of the company’s stock, valued at approximately $116,200. The trade was a 12.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Atlanta Braves Trading Up 0.2 %

NASDAQ:BATRA opened at $42.07 on Tuesday. The firm has a market capitalization of $2.60 billion, a P/E ratio of -57.63 and a beta of 0.85. The business has a 50 day simple moving average of $42.64 and a 200 day simple moving average of $43.04. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.70 and a quick ratio of 0.70. Atlanta Braves Holdings, Inc. has a 12-month low of $39.59 and a 12-month high of $46.65.

Hedge Funds Weigh In On Atlanta Braves

Several hedge funds and other institutional investors have recently modified their holdings of the company. Whittier Trust Co. acquired a new position in shares of Atlanta Braves during the second quarter worth approximately $26,000. Nisa Investment Advisors LLC raised its stake in Atlanta Braves by 1,500.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 640 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 600 shares in the last quarter. Quent Capital LLC boosted its position in Atlanta Braves by 1,607.7% during the 3rd quarter. Quent Capital LLC now owns 666 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 627 shares during the period. US Bancorp DE bought a new position in shares of Atlanta Braves in the third quarter worth $28,000. Finally, GAMMA Investing LLC increased its holdings in shares of Atlanta Braves by 5,336.8% during the third 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. Institutional investors and hedge funds own 12.31% 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.