Berkshire Hathaway Inc. (NYSE:BRK-B) Major Shareholder Berkshire Hathaway Inc Buys 716,355 Shares of Stock

Berkshire Hathaway Inc. (NYSE:BRK-BGet Rating) major shareholder Berkshire Hathaway Inc acquired 716,355 shares of the stock in a transaction dated Tuesday, May 10th. The shares were purchased at an average price of 57.32 per share, for a total transaction of 41,061,468.60. Following the completion of the purchase, the insider now directly owns 142,976,973 shares in the company, valued at 8,195,440,092.36. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Berkshire Hathaway Inc also recently made the following trade(s):

  • On Thursday, May 12th, Berkshire Hathaway Inc acquired 185,419 shares of Berkshire Hathaway stock. The shares were purchased at an average price of 57.34 per share, for a total transaction of 10,631,925.46.
  • On Monday, May 2nd, Berkshire Hathaway Inc acquired 5,867,118 shares of Berkshire Hathaway stock. The shares were purchased at an average price of 57.10 per share, for a total transaction of 335,012,437.80.

Berkshire Hathaway stock opened at 308.06 on Friday.

About Berkshire Hathaway (Get Rating)

Berkshire Hathaway Inc, through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. It provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. The company also generates, transmits, stores, and distributes electricity from 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 holds interest in coal mining assets.

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