Berkshire Stock (NYSE:BRK.A)
Stock analysts at Edward Jones raised Berkshire stock (NYSE:BRK.A) from a “hold” rating to a “buy” recommendation in a report issued on Wednesday, according to FinViz.
The Berkshire stock is now down 0.6%.
On Wednesday, the Berkshire stock (NYSE:BRK.A) started at $405,375.01. The company’s 50-day moving average is $433,156.59, and its 200-day moving average is $460,060.68.
Berkshire Hathaway Insider Transactions
In related news, Director Ronald L. Olson purchased 895 shares of Berkshire stock (NYSE:BRK.A) on Tuesday, July 5th. The shares were purchased for a total of $245,784.90 at an average price of $274.62 per share.
Following the acquisition, the director now has direct ownership of 5,630 shares in the firm worth about $1,546,110.60. The transaction was revealed in an SEC legal document.
In other Berkshire Hathaway news, large shareholder Berkshire Hathaway Inc purchased 4,845,546 shares of Berkshire stock (NYSE:BRK.A) on Friday, July 1st. The shares were purchased for a total of $285,935,669.46 at an average cost of $59.01 per share. The insider now owns 163,395,275 shares of Berkshire stock (NYSE:BRK.A) worth $9,641,955,177.75 after the transaction. The deal was announced in a legal filing with the Securities and Exchange Commission.
In addition, on Tuesday, July 5th, Director Ronald L. Olson purchased 895 shares of the company’s stock. The shares were purchased for a total of $245,784.90 at an average cost of $274.62 per share. Following the transaction, the director now directly owns 5,630 shares in the business worth approximately $1,546,110.60. This purchase’s disclosure can be found here. In the past 90 days, insiders have acquired a total of 23,167,198 shares of Berkshire stock (NYSE:BRK.A), valued at $1,354,682,309.
Berkshire Hathaway Company Information
Berkshire Hathaway Inc. operates in the insurance, freight, rail transportation, and utility industries across the globe via its companies. It offers property and liability insurance, as well as life, accident, and health insurance and reinsurance, and runs train networks in North America. In addition, the company generates, transmits, stores, and distributes electricity generated by natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities; interstate pipelines; liquefied natural gas facilities; and compressor and meter stations; and owns coal mining assets.
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