Atlanta Braves (NASDAQ:BATRA) Share Price Passes Above Fifty Day Moving Average - Should You Sell?

Key Points

• Atlanta Braves (BATRA) passed above its 50‑day moving average
• Analyst sentiment is mixed: Zacks upgraded BATRA to a Strong Buy while Weiss Ratings kept a Sell (D-), leaving a consensus "Hold" rating and an average price target of $45.00—below the current share price.
• Operationally the picture is uneven: quarterly results beat estimates (EPS -$0.28 vs. -$0.74; revenue $61.3M vs. $54.93M) but the company remains unprofitable (negative net margin, P/E -123.6), and major shareholder John C. Malone recently purchased 35,000 shares, increasing his stake.

Atlanta Braves Holdings, Inc. (NASDAQ:BATRA - Get Free Report)'s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $45.50 and traded as high as $48.68. Atlanta Braves shares last traded at $48.21, with a volume of 46,820 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on BATRA shares. Zacks Research upgraded Atlanta Braves from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 2nd. Weiss Ratings reiterated a "sell (d-)" rating on shares of Atlanta Braves in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $45.00.

Atlanta Braves Stock Up 1.3%

The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.16. The firm's fifty day moving average price is $45.50 and its 200-day moving average price is $44.32. The company has a market cap of $3.03 billion, a price-to-earnings ratio of -123.61 and a beta of 0.55.

Atlanta Braves (NASDAQ:BATRA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The financial services provider reported ($0.28) EPS for the quarter, topping the consensus estimate of ($0.74) by $0.46. Atlanta Braves had a positive return on equity of 0.08% and a negative net margin of 3.19%.The business had revenue of $61.30 million for the quarter, compared to the consensus estimate of $54.93 million. Sell-side analysts predict that Atlanta Braves Holdings, Inc. will post -0.98 earnings per share for the current year.

Insider Activity at Atlanta Braves

In other Atlanta Braves news, major shareholder John C. Malone purchased 35,000 shares of the company's stock in a transaction dated Thursday, February 5th. The shares were bought at an average price of $44.23 per share, with a total value of $1,548,050.00. Following the completion of the transaction, the insider directly owned 521,862 shares in the company, valued at $23,081,956.26. This trade represents a 7.19% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Atlanta Braves

A number of large investors have recently bought and sold shares of BATRA. EverSource Wealth Advisors LLC raised its holdings in Atlanta Braves by 1,873.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 513 shares of the financial services provider's stock worth $25,000 after buying an additional 487 shares during the period. Ameritas Advisory Services LLC boosted its holdings in shares of Atlanta Braves by 44.4% in the third quarter. Ameritas Advisory Services LLC now owns 950 shares of the financial services provider's stock valued at $43,000 after buying an additional 292 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of Atlanta Braves by 47.7% in the third quarter. Jones Financial Companies Lllp now owns 1,233 shares of the financial services provider's stock valued at $56,000 after buying an additional 398 shares during the period. State of Wyoming bought a new stake in shares of Atlanta Braves during the second quarter worth $70,000. Finally, CWM LLC increased its position in shares of Atlanta Braves by 149.5% during the fourth quarter. CWM LLC now owns 1,457 shares of the financial services provider's stock worth $62,000 after acquiring an additional 873 shares in the last quarter. 12.31% of the stock is owned by institutional investors.

About Atlanta Braves

The Atlanta Braves NASDAQ: BATRA are a professional baseball club that competes in Major League Baseball's National League East division. Founded in 1871 as the Boston Red Stockings, the franchise relocated to Milwaukee in 1953 before settling in Atlanta in 1966. As one of MLB's oldest and most storied organizations, the Braves are responsible for fielding a Major League team, overseeing player development through a network of minor league affiliates, and managing baseball operations under the leadership of President of Baseball Operations Alex Anthopoulos.

Beyond on‐field performance, the Braves operate a diversified sports and entertainment business.

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