Wellington Management Group LLP Reduces Position in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

Wellington Management Group LLP cut its stake in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK - Free Report) by 16.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 635,044 shares of the financial services provider's stock after selling 127,571 shares during the quarter. Wellington Management Group LLP owned about 1.25% of Atlanta Braves worth $25,275,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Quent Capital LLC raised its stake in shares of Atlanta Braves by 568.4% in the third quarter. Quent Capital LLC now owns 1,651 shares of the financial services provider's stock valued at $66,000 after acquiring an additional 1,404 shares in the last quarter. Hahn Capital Management LLC grew its stake in Atlanta Braves by 33.7% during the 2nd quarter. Hahn Capital Management LLC now owns 1,962 shares of the financial services provider's stock worth $77,000 after buying an additional 495 shares during the last quarter. nVerses Capital LLC acquired a new position in shares of Atlanta Braves in the 2nd quarter valued at $95,000. OFI Invest Asset Management acquired a new position in Atlanta Braves in the second quarter valued at $156,000. Finally, Quest Partners LLC increased its position in Atlanta Braves by 28,820.0% in the 3rd quarter. Quest Partners LLC now owns 4,338 shares of the financial services provider's stock valued at $173,000 after acquiring an additional 4,323 shares during the period. 64.88% of the stock is owned by hedge funds and other institutional investors.

Atlanta Braves Trading Down 2.1 %

Shares of BATRK traded down $0.86 during mid-day trading on Friday, hitting $39.39. The company's stock had a trading volume of 196,727 shares, compared to its average volume of 234,922. Atlanta Braves Holdings, Inc. has a 1-year low of $36.74 and a 1-year high of $44.42. The firm has a 50-day simple moving average of $40.22 and a 200 day simple moving average of $40.78. The firm has a market capitalization of $2.00 billion, a P/E ratio of -53.96 and a beta of 0.68.

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.