Atlanta Braves Q1 EPS Estimate Lifted by Seaport Res Ptn

Atlanta Braves Holdings, Inc. (NASDAQ:BATRK - Free Report) - Equities research analysts at Seaport Res Ptn increased their Q1 2025 EPS estimates for shares of Atlanta Braves in a report released on Wednesday, February 26th. Seaport Res Ptn analyst D. Joyce now forecasts that the financial services provider will post earnings of ($0.94) per share for the quarter, up from their previous estimate of ($1.07). The consensus estimate for Atlanta Braves' current full-year earnings is ($0.89) per share. Seaport Res Ptn also issued estimates for Atlanta Braves' Q2 2025 earnings at $0.46 EPS, Q4 2025 earnings at ($0.35) EPS, FY2025 earnings at ($0.60) EPS and FY2026 earnings at ($0.34) EPS.

Separately, StockNews.com raised shares of Atlanta Braves to a "sell" rating in a research report on Friday.

Atlanta Braves Stock Down 0.6 %

NASDAQ BATRK traded down $0.25 during trading on Monday, hitting $40.12. The stock had a trading volume of 308,390 shares, compared to its average volume of 294,742. The company has a market capitalization of $2.04 billion, a PE ratio of -54.96 and a beta of 0.73. The firm has a 50 day moving average price of $38.56 and a 200 day moving average price of $39.91. Atlanta Braves has a twelve month low of $35.81 and a twelve month high of $44.42.

Atlanta Braves (NASDAQ:BATRK - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The financial services provider reported ($0.31) earnings per share for the quarter, beating analysts' consensus estimates of ($0.69) by $0.38. The firm had revenue of $52.12 million during the quarter, compared to analyst estimates of $48.20 million.

Institutional Investors Weigh In On Atlanta Braves

Hedge funds have recently added to or reduced their stakes in the company. Federated Hermes Inc. acquired a new stake in Atlanta Braves in the fourth quarter valued at $40,000. R Squared Ltd purchased a new position in shares of Atlanta Braves in the 4th quarter valued at about $41,000. PNC Financial Services Group Inc. lifted its stake in shares of Atlanta Braves by 25.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,265 shares of the financial services provider's stock valued at $87,000 after purchasing an additional 463 shares during the period. US Bancorp DE boosted its holdings in Atlanta Braves by 17.7% during the fourth quarter. US Bancorp DE now owns 2,862 shares of the financial services provider's stock worth $110,000 after buying an additional 430 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its position in Atlanta Braves by 687.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,463 shares of the financial services provider's stock worth $132,000 after buying an additional 3,023 shares during the period. Institutional investors and hedge funds own 64.88% of the company's stock.

Insider Buying and Selling at Atlanta Braves

In related news, major shareholder John C. Malone purchased 5,094 shares of the firm's stock in a transaction that occurred on Monday, January 27th. The stock was purchased at an average cost of $41.94 per share, with a total value of $213,642.36. Following the completion of the acquisition, the insider now directly owns 169,522 shares in the company, valued at $7,109,752.68. This trade represents a 3.10 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Over the last three months, insiders have acquired 44,932 shares of company stock worth $1,864,395. 11.43% of the stock is owned by company insiders.

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.