In a regulatory filing, Berkshire Hathaway (BRK.A) disclosed the sale of roughly 9.5M shares of Bank of America (BAC), roughly $383M worth of stock, in multiple transactions dated October 3-7. The shares were sold in a price range of $39.2505-$40.054 per share.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BRK.A:
- Chubb downgraded to Underperform at BofA following 29% year-to-date rally
- Berkshire Hathaway sells roughly $337.9M worth of Bank of America shares
- Berkshire Hathaway sells 11.7M Bank of America shares for $460.7M
- State Farm, Berkshire Hathaway continue to bet on fossil fuels, WSJ says
- Berkshire Hathaway sells 21.6M Bank of America shares for $862.7M