Berkshire Hathaway Inc. (OTCMKTS:BRK-A) Major Shareholder Berkshire Hathaway Inc Acquires 716,355 Shares

Berkshire Hathaway Inc. (OTCMKTS:BRK-AGet Rating) major shareholder Berkshire Hathaway Inc acquired 716,355 shares of the company’s stock in a transaction that occurred on Tuesday, May 10th. The shares were acquired at an average cost of $57.32 per share, for a total transaction of $41,061,468.60. Following the purchase, the insider now directly owns 142,976,973 shares of the company’s stock, valued at $8,195,440,092.36. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s shares 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 acquired at an average cost of $57.34 per share, for a total transaction of $10,631,925.46.
  • On Monday, May 2nd, Berkshire Hathaway Inc bought 5,867,118 shares of Berkshire Hathaway stock. The stock was purchased at an average cost of $57.10 per share, with a total value of $335,012,437.80.
  • On Wednesday, April 6th, Berkshire Hathaway Inc bought 4,353,454 shares of Berkshire Hathaway stock. The stock was purchased at an average cost of $34.92 per share, with a total value of $152,022,613.68.
  • On Monday, April 4th, Berkshire Hathaway Inc bought 4,391,884 shares of Berkshire Hathaway stock. The stock was purchased at an average cost of $36.43 per share, with a total value of $159,996,334.12.
  • On Wednesday, March 16th, Berkshire Hathaway Inc bought 5,086,590 shares of Berkshire Hathaway stock. The stock was purchased at an average cost of $53.94 per share, with a total value of $274,370,664.60.
  • On Monday, March 14th, Berkshire Hathaway Inc bought 7,277,649 shares of Berkshire Hathaway stock. The stock was purchased at an average cost of $55.29 per share, with a total value of $402,381,213.21.
  • On Friday, March 11th, Berkshire Hathaway Inc bought 2,306,017 shares of Berkshire Hathaway stock. The stock was purchased at an average cost of $57.71 per share, with a total value of $133,080,241.07.
  • On Wednesday, March 9th, Berkshire Hathaway Inc acquired 24,136,074 shares of Berkshire Hathaway stock. The shares were bought at an average cost of $56.46 per share, with a total value of $1,362,722,738.04.
  • On Friday, March 4th, Berkshire Hathaway Inc acquired 33,997,865 shares of Berkshire Hathaway stock. The shares were bought at an average cost of $53.06 per share, with a total value of $1,803,926,716.90.
  • On Wednesday, March 2nd, Berkshire Hathaway Inc acquired 14,988,287 shares of Berkshire Hathaway stock. The shares were bought at an average cost of $48.38 per share, with a total value of $725,133,325.06.

Shares of BRK-A stock opened at $461,631.00 on Friday. The firm’s 50 day simple moving average is $507,226.87 and its 200 day simple moving average is $471,279.37.

Separately, Edward Jones cut shares of Berkshire Hathaway from a “buy” rating to a “hold” rating in a report on Tuesday, April 5th.

Berkshire Hathaway Company Profile (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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