Verition Fund Management LLC acquired a new stake in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,474 shares of the financial services provider's stock, valued at approximately $815,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Quent Capital LLC raised its holdings in Atlanta Braves by 568.4% during the third quarter. Quent Capital LLC now owns 1,651 shares of the financial services provider's stock worth $66,000 after buying an additional 1,404 shares during the last quarter. Hahn Capital Management LLC raised its holdings in shares of Atlanta Braves by 33.7% in the 2nd quarter. Hahn Capital Management LLC now owns 1,962 shares of the financial services provider's stock worth $77,000 after acquiring an additional 495 shares during the last quarter. nVerses Capital LLC bought a new position in Atlanta Braves in the 2nd quarter valued at about $95,000. OFI Invest Asset Management acquired a new position in Atlanta Braves during the 2nd quarter valued at about $156,000. Finally, Quest Partners LLC increased its holdings in Atlanta Braves by 28,820.0% during the 3rd quarter. Quest Partners LLC now owns 4,338 shares of the financial services provider's stock worth $173,000 after purchasing an additional 4,323 shares in the last quarter. Institutional investors own 64.88% of the company's stock.
Atlanta Braves Trading Down 1.0 %
Shares of NASDAQ BATRK traded down $0.39 during midday trading on Tuesday, hitting $39.78. 206,958 shares of the company's stock were exchanged, compared to its average volume of 235,029. The business's fifty day moving average price is $40.18 and its two-hundred day moving average price is $40.78. The company has a market cap of $2.02 billion, a price-to-earnings ratio of -54.49 and a beta of 0.68. Atlanta Braves Holdings, Inc. has a 12-month low of $36.74 and a 12-month high of $44.42.
Analyst Upgrades and Downgrades
Separately, Rosenblatt Securities cut their target price on Atlanta Braves from $54.00 to $53.00 and set a "buy" rating on the stock in a research note on Wednesday, August 14th.
Get Our Latest Research Report on BATRK
Atlanta Braves Company Profile
(
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.
See Also
Before you consider Atlanta Braves, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Atlanta Braves wasn't on the list.
While Atlanta Braves currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
