Berkshire Hathaway Inc. (OTCMKTS:BRK-A) Major Shareholder Buys $66,646,229.24 in Stock

Berkshire Hathaway Inc. (OTCMKTS:BRK-A – Get Rating) major shareholder Berkshire Hathaway Inc purchased 1,148,281 shares of the stock in a transaction dated Friday, July 15th. The stock was acquired at an average cost of $58.04 per share, with a total value of $66,646,229.24. Following the transaction, the insider now directly owns 181,442,550 shares in the company, valued at approximately $10,530,925,602. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Wednesday, July 13th, Berkshire Hathaway Inc acquired 65,199 shares of Berkshire Hathaway stock. The shares were acquired at an average cost of $56.94 per share, for a total transaction of $3,712,431.06.
• On Monday, July 11th, Berkshire Hathaway Inc acquired 1,784,389 shares of Berkshire Hathaway stock. The shares were acquired at an average cost of $59.27 per share, for a total transaction of $105,760,736.03.
• On Tuesday, July 5th, Berkshire Hathaway Inc acquired 8,174,228 shares of Berkshire Hathaway stock. The shares were acquired at an average cost of $57.94 per share, for a total transaction of $473,614,770.32.
• On Friday, July 1st, Berkshire Hathaway Inc acquired 4,845,546 shares of Berkshire Hathaway stock. The shares were acquired at an average cost of $59.01 per share, for a total transaction of $285,935,669.46.
• On Wednesday, June 29th, Berkshire Hathaway Inc acquired 2,135,265 shares of Berkshire Hathaway stock. The shares were acquired at an average cost of $59.08 per share, for a total transaction of $126,151,456.20.
• On Wednesday, June 22nd, Berkshire Hathaway Inc purchased 3,878,258 shares of Berkshire Hathaway stock. The stock was purchased at an average cost of $55.49 per share, for a total transaction of $215,204,536.42.
• On Friday, June 17th, Berkshire Hathaway Inc purchased 5,673,196 shares of Berkshire Hathaway stock. The stock was purchased at an average cost of $55.27 per share, for a total transaction of $313,557,542.92.
• On Thursday, May 12th, Berkshire Hathaway Inc purchased 185,419 shares of Berkshire Hathaway stock. The stock was purchased at an average cost of $57.34 per share, for a total transaction of $10,631,925.46.
• On Tuesday, May 10th, Berkshire Hathaway Inc purchased 716,355 shares of Berkshire Hathaway stock. The stock was purchased at an average cost of $57.32 per share, for a total transaction of $41,061,468.60.
• On Monday, May 2nd, Berkshire Hathaway Inc purchased 5,867,118 shares of Berkshire Hathaway stock. The stock was purchased at an average cost of $57.10 per share, for a total transaction of $335,012,437.80.

Berkshire Hathaway Price Performance

OTCMKTS:BRK-A opened at $414,450.00 on Tuesday. The business’s 50 day moving average is $439,718.56 and its two-hundred day moving average is $473,233.29.

Analyst Upgrades and Downgrades

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

About Berkshire Hathaway

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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.