Insider Buying: Berkshire Hathaway Inc. (NYSE:BRK-B) Major Shareholder Purchases 311,637 Shares of Stock

Berkshire Hathaway Inc. (NYSE:BRK-B) major shareholder Berkshire Hathaway Inc bought 311,637 shares of the company’s stock in a transaction on Monday, April 29th. The shares were acquired at an average cost of $25.47 per share, for a total transaction of $7,937,394.39. Following the completion of the acquisition, the insider now directly owns 70,002,897 shares of the company’s stock, valued at approximately $1,782,973,786.59. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Friday, April 26th, Berkshire Hathaway Inc acquired 219,303 shares of Berkshire Hathaway stock. The shares were acquired at an average price of $24.46 per share, for a total transaction of $5,364,151.38.
• On Wednesday, April 24th, Berkshire Hathaway Inc bought 123,388 shares of Berkshire Hathaway stock. The stock was bought at an average price of $25.22 per share, with a total value of $3,111,845.36.
• On Friday, April 12th, Berkshire Hathaway Inc purchased 413,227 shares of Berkshire Hathaway stock. The shares were bought at an average price of $25.58 per share, for a total transaction of $10,570,346.66.
• On Wednesday, April 10th, Berkshire Hathaway Inc acquired 513,104 shares of Berkshire Hathaway stock. The shares were bought at an average price of $25.96 per share, with a total value of $13,320,179.84.
• On Monday, April 8th, Berkshire Hathaway Inc bought 938,896 shares of Berkshire Hathaway stock. The stock was bought at an average cost of $26.98 per share, for a total transaction of $25,331,414.08.
• On Thursday, April 4th, Berkshire Hathaway Inc purchased 1,250,000 shares of Berkshire Hathaway stock. The shares were purchased at an average cost of $27.76 per share, with a total value of $34,700,000.00.
• On Wednesday, March 27th, Berkshire Hathaway Inc acquired 189,759 shares of Berkshire Hathaway stock. The stock was purchased at an average cost of $29.25 per share, for a total transaction of $5,550,450.75.
• On Monday, March 25th, Berkshire Hathaway Inc bought 199,664 shares of Berkshire Hathaway stock. The shares were purchased at an average cost of $28.82 per share, with a total value of $5,754,316.48.
• On Thursday, March 21st, Berkshire Hathaway Inc purchased 333,916 shares of Berkshire Hathaway stock. The stock was purchased at an average price of $28.92 per share, for a total transaction of $9,656,850.72.
• On Monday, March 11th, Berkshire Hathaway Inc acquired 20,609 shares of Berkshire Hathaway stock. The shares were acquired at an average price of $29.94 per share, with a total value of $617,033.46.

Berkshire Hathaway Stock Performance

BRK-B opened at $400.78 on Friday. The firm has a 50 day simple moving average of $408.43 and a 200 day simple moving average of $379.72.

About Berkshire Hathaway

Berkshire Hathaway Inc, through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It 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.