Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) Shares Acquired by Nebula Research & Development LLC

Nebula Research & Development LLC raised its stake in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK - Free Report) by 201.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,475 shares of the financial services provider's stock after purchasing an additional 25,041 shares during the period. Nebula Research & Development LLC owned 0.07% of Atlanta Braves worth $1,434,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. T. Rowe Price Investment Management Inc. increased its stake in shares of Atlanta Braves by 256.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,690,889 shares of the financial services provider's stock worth $64,694,000 after acquiring an additional 1,215,948 shares during the last quarter. Gamco Investors INC. ET AL increased its position in Atlanta Braves by 1.5% during the fourth quarter. Gamco Investors INC. ET AL now owns 1,457,676 shares of the financial services provider's stock worth $55,771,000 after purchasing an additional 21,659 shares during the last quarter. Gabelli Funds LLC raised its stake in Atlanta Braves by 0.5% during the fourth quarter. Gabelli Funds LLC now owns 1,420,494 shares of the financial services provider's stock worth $54,348,000 after purchasing an additional 6,375 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Atlanta Braves by 5.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 817,798 shares of the financial services provider's stock valued at $31,288,000 after purchasing an additional 40,827 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of Atlanta Braves by 3.1% in the 4th quarter. Wellington Management Group LLP now owns 654,762 shares of the financial services provider's stock valued at $25,051,000 after buying an additional 19,718 shares during the period. Institutional investors and hedge funds own 64.88% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Atlanta Braves to a "sell" rating in a research note on Friday, February 28th.

Insider Activity

In related news, major shareholder John C. Malone acquired 38,452 shares of the company's stock in a transaction that occurred on Tuesday, April 8th. The stock was purchased at an average price of $40.28 per share, for a total transaction of $1,548,846.56. Following the transaction, the insider now owns 254,428 shares in the company, valued at $10,248,359.84. This trade represents a 17.80 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders acquired 122,632 shares of company stock valued at $5,072,723 in the last three months. 11.43% of the stock is currently owned by company insiders.

Atlanta Braves Trading Down 0.5 %

NASDAQ:BATRK traded down $0.19 during trading hours on Thursday, hitting $39.68. The company's stock had a trading volume of 76,613 shares, compared to its average volume of 275,104. The stock has a market capitalization of $2.03 billion, a P/E ratio of -54.35 and a beta of 0.56. The stock has a fifty day moving average of $39.03 and a 200-day moving average of $39.24. Atlanta Braves Holdings, Inc. has a 52-week low of $35.46 and a 52-week high of $44.43.

Atlanta Braves (NASDAQ:BATRK - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The financial services provider reported ($0.31) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.69) by $0.38. The firm had revenue of $52.12 million for the quarter, compared to analysts' expectations of $48.20 million. On average, sell-side analysts forecast that Atlanta Braves Holdings, Inc. will post -0.89 earnings per share for the current year.

Atlanta Braves 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.