Shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK - Get Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as $36.63 and last traded at $36.71, with a volume of 8488 shares trading hands. The stock had previously closed at $37.03.
Atlanta Braves Price Performance
The stock has a market cap of $1.86 billion, a price-to-earnings ratio of -50.16 and a beta of 0.72. The company's fifty day simple moving average is $39.59 and its two-hundred day simple moving average is $40.64.
Hedge Funds Weigh In On Atlanta Braves
Hedge funds have recently modified their holdings of the company. Gabelli Funds LLC grew its stake in shares of Atlanta Braves by 3.2% during the 2nd quarter. Gabelli Funds LLC now owns 1,365,883 shares of the financial services provider's stock worth $53,870,000 after acquiring an additional 42,617 shares during the period. Aristeia Capital L.L.C. increased its stake in shares of Atlanta Braves by 42.9% in the second quarter. Aristeia Capital L.L.C. now owns 1,321,464 shares of the financial services provider's stock worth $52,119,000 after purchasing an additional 396,720 shares in the last quarter. Harvey Partners LLC raised its position in shares of 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 during the period. HBK Investments L P lifted its stake in shares of Atlanta Braves by 57.0% during the 3rd quarter. HBK Investments L P now owns 480,000 shares of the financial services provider's stock valued at $19,104,000 after buying an additional 174,300 shares in the last quarter. Finally, Harbor Capital Advisors Inc. lifted its stake in shares of Atlanta Braves by 76.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 315,424 shares of the financial services provider's stock valued at $12,554,000 after buying an additional 137,124 shares in the last quarter. Institutional investors own 64.88% of the company's stock.
Atlanta Braves Company Profile
(
Get Free Report)
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.
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