Atlanta Braves (BATRK) to Release Earnings on Wednesday

Atlanta Braves (NASDAQ:BATRK - Get Free Report) is projected to release its earnings data before the market opens on Wednesday, February 26th. Analysts expect Atlanta Braves to post earnings of ($0.69) per share and revenue of $48.20 million for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

Atlanta Braves Trading Down 1.8 %

Shares of NASDAQ:BATRK traded down $0.71 on Friday, hitting $39.60. 265,574 shares of the company were exchanged, compared to its average volume of 295,364. Atlanta Braves has a 1-year low of $35.81 and a 1-year high of $44.42. The stock's 50 day moving average price is $38.49 and its 200 day moving average price is $40.03. The firm has a market capitalization of $2.01 billion, a P/E ratio of -54.25 and a beta of 0.73.

Insider Transactions at Atlanta Braves

In other Atlanta Braves news, major shareholder John C. Malone bought 24,646 shares of Atlanta Braves stock in a transaction that occurred on Wednesday, January 29th. The stock was purchased at an average price of $41.94 per share, with a total value of $1,033,653.24. Following the completion of the acquisition, the insider now directly owns 211,358 shares in the company, valued at approximately $8,864,354.52. This trade represents a 13.20 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders purchased 44,932 shares of company stock worth $1,864,395. Company insiders own 11.43% of the company's stock.

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.