The Liberty Braves Group (NASDAQ:BATRA) Reaches New 52-Week High at $34.91

The Liberty Braves Group (NASDAQ:BATRA – Get Rating)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $34.91 and last traded at $34.56, with a volume of 2956 shares. The stock had previously closed at $33.37.

The Liberty Braves Group Price Performance

The company has a 50-day simple moving average of $32.58 and a 200-day simple moving average of $29.84. The stock has a market cap of $1.83 billion, a PE ratio of -76.82 and a beta of 0.87. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.95 and a quick ratio of 0.95.

Insider Buying and Selling at The Liberty Braves Group

In other news, major shareholder Gamco Investors, Inc. Et Al bought 7,200 shares of the stock in a transaction on Wednesday, December 28th. The shares were bought at an average price of $32.58 per share, with a total value of $234,576.00. Following the completion of the acquisition, the insider now owns 20,000 shares of the company’s stock, valued at $651,600. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, major shareholder Gamco Investors, Inc. Et Al acquired 7,200 shares of the firm’s stock in a transaction that occurred on Wednesday, December 28th. The shares were acquired at an average price of $32.58 per share, with a total value of $234,576.00. Following the completion of the purchase, the insider now directly owns 20,000 shares in the company, valued at $651,600. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Brian J. Wendling sold 24,218 shares of the stock in a transaction on Wednesday, November 30th. The shares were sold at an average price of $46.46, for a total value of $1,125,168.28. Following the sale, the chief accounting officer now directly owns 3,173 shares in the company, valued at approximately $147,417.58. The disclosure for this sale can be found here. Over the last 90 days, insiders have bought 9,200 shares of company stock valued at $296,510 and have sold 26,965 shares valued at $1,238,951. 11.43% of the stock is owned by corporate insiders.

Institutional Trading of The Liberty Braves Group

A number of large investors have recently made changes to their positions in the stock. Bartlett & Co. LLC purchased a new position in The Liberty Braves Group during the third quarter worth about $34,000. Hosking Partners LLP purchased a new position in The Liberty Braves Group during the second quarter worth about $36,000. Bessemer Group Inc. lifted its position in The Liberty Braves Group by 11,538.5% during the third quarter. Bessemer Group Inc. now owns 1,513 shares of the financial services provider’s stock worth $43,000 after buying an additional 1,500 shares during the period. Amalgamated Bank purchased a new position in The Liberty Braves Group during the first quarter worth about $47,000. Finally, Ensign Peak Advisors Inc purchased a new position in The Liberty Braves Group during the third quarter worth about $96,000. Institutional investors and hedge funds own 15.53% of the company’s stock.

The Liberty Braves Group Company Profile

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The Liberty Braves Group, through its subsidiary, Braves Holdings, LLC, owns the Atlanta Braves Major League Baseball Club, various assets and liabilities associated with ANLBC's stadium, and mixed-use development project. The company is based in Englewood, Colorado. The Liberty Braves Group is a subsidiary of Liberty Media Corporation.