JPMorgan Chase & Co. Buys 92,248 Shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

JPMorgan Chase & Co. increased its holdings in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK - Free Report) by 123.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 167,273 shares of the financial services provider's stock after purchasing an additional 92,248 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.33% of Atlanta Braves worth $6,657,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Aristeia Capital L.L.C. lifted its position in Atlanta Braves by 42.9% during the 2nd quarter. Aristeia Capital L.L.C. now owns 1,321,464 shares of the financial services provider's stock worth $52,119,000 after buying an additional 396,720 shares in the last quarter. HBK Investments L P raised its holdings in Atlanta Braves by 57.0% during the third quarter. HBK Investments L P now owns 480,000 shares of the financial services provider's stock worth $19,104,000 after acquiring an additional 174,300 shares in the last quarter. Harbor Capital Advisors Inc. boosted its position in Atlanta Braves by 76.9% during the third quarter. Harbor Capital Advisors Inc. now owns 315,424 shares of the financial services provider's stock valued at $12,554,000 after purchasing an additional 137,124 shares during the last quarter. Harvey Partners LLC grew its stake in Atlanta Braves by 14.6% in the third quarter. Harvey Partners LLC now owns 507,000 shares of the financial services provider's stock valued at $20,179,000 after purchasing an additional 64,500 shares in the last quarter. Finally, Quarry LP increased its position in shares of Atlanta Braves by 30,140.2% during the 2nd quarter. Quarry LP now owns 51,106 shares of the financial services provider's stock worth $2,016,000 after purchasing an additional 50,937 shares during the last quarter. Institutional investors own 64.88% of the company's stock.

Atlanta Braves Stock Up 0.7 %

Shares of NASDAQ BATRK traded up $0.26 during trading hours on Thursday, hitting $37.36. The company had a trading volume of 309,914 shares, compared to its average volume of 256,621. Atlanta Braves Holdings, Inc. has a 1-year low of $35.81 and a 1-year high of $44.42. The firm's 50 day moving average is $39.12 and its 200-day moving average is $40.54. The stock has a market capitalization of $1.90 billion, a P/E ratio of -51.18 and a beta of 0.72.

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.