10,194 Shares in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) Purchased by Cutter & CO Brokerage Inc.

Cutter & CO Brokerage Inc. acquired a new position in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,194 shares of the financial services provider’s stock, valued at approximately $390,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BATRA. US Bancorp DE purchased a new stake in Atlanta Braves during the 3rd quarter worth about $28,000. R Squared Ltd purchased a new stake in Atlanta Braves during the 4th quarter worth about $96,000. Brown Brothers Harriman & Co. increased its position in Atlanta Braves by 460.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,653 shares of the financial services provider’s stock worth $112,000 after purchasing an additional 2,180 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Atlanta Braves in the 3rd quarter valued at about $133,000. Finally, SG Americas Securities LLC grew its holdings in Atlanta Braves by 25.6% in the 4th quarter. SG Americas Securities LLC now owns 4,711 shares of the financial services provider’s stock valued at $192,000 after buying an additional 959 shares during the period. Hedge funds and other institutional investors own 12.31% of the company’s stock.

Insider Buying and Selling at Atlanta Braves

In other Atlanta Braves news, major shareholder John C. Malone purchased 5,094 shares of the stock in a transaction on Monday, January 27th. The stock was bought at an average price of $41.94 per share, for a total transaction of $213,642.36. Following the acquisition, the insider now directly owns 169,522 shares of the company’s stock, valued at $7,109,752.68. This represents a 3.10 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Insiders acquired 44,932 shares of company stock worth $1,864,395 in the last 90 days. 4.83% of the stock is owned by company insiders.

Atlanta Braves Stock Down 1.3 %

BATRA opened at $42.82 on Wednesday. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.70 and a quick ratio of 0.70. The stock has a market capitalization of $2.65 billion, a price-to-earnings ratio of -58.66 and a beta of 0.80. The business has a 50-day moving average of $41.66 and a two-hundred day moving average of $42.61. Atlanta Braves Holdings, Inc. has a 12 month low of $38.90 and a 12 month high of $46.65.

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.