Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP lessened its stake in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 16.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 635,044 shares of the financial services provider’s stock after selling 127,571 shares during the quarter. Wellington Management Group LLP’s holdings in Atlanta Braves were worth $25,275,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. SG Americas Securities LLC acquired a new stake in Atlanta Braves during the second quarter worth about $1,177,000. Wealth Enhancement Advisory Services LLC raised its stake in Atlanta Braves by 2.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 13,388 shares of the financial services provider’s stock worth $528,000 after acquiring an additional 341 shares during the period. Sumitomo Mitsui Trust Holdings Inc. raised its stake in Atlanta Braves by 96.4% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 10,884 shares of the financial services provider’s stock worth $429,000 after acquiring an additional 5,341 shares during the period. OFI Invest Asset Management acquired a new stake in Atlanta Braves during the second quarter worth about $156,000. Finally, Oak Family Advisors LLC raised its stake in Atlanta Braves by 4.5% during the second quarter. Oak Family Advisors LLC now owns 116,371 shares of the financial services provider’s stock worth $4,590,000 after acquiring an additional 4,959 shares during the period. Institutional investors and hedge funds own 64.88% of the company’s stock.

Atlanta Braves Stock Down 2.1 %

BATRK opened at $39.39 on Friday. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of -53.96 and a beta of 0.68. Atlanta Braves Holdings, Inc. has a fifty-two week low of $36.74 and a fifty-two week high of $44.42. The company’s 50-day moving average price is $40.22 and its 200 day moving average price is $40.78.

About Atlanta Braves

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves Major league baseball club. It also operates mixed-use development project, including retail, office, hotel, and entertainment projects. The company was incorporated in 2022 and is based in Englewood, Colorado.