Berkshire Hathaway Inc Sells 12,419 Shares of Berkshire Hathaway Inc. (NYSE:BRK-B) Stock

Berkshire Hathaway Inc. (NYSE:BRK-B) major shareholder Berkshire Hathaway Inc sold 12,419 shares of Berkshire Hathaway stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $33.12, for a total value of $411,317.28. Following the sale, the insider now owns 4,986,588 shares of the company’s stock, valued at approximately $165,155,794.56. The transaction was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Monday, June 17th, Berkshire Hathaway Inc purchased 334,461 shares of Berkshire Hathaway stock. The shares were purchased at an average cost of $59.75 per share, for a total transaction of $19,984,044.75.
• On Wednesday, June 12th, Berkshire Hathaway Inc acquired 765,899 shares of Berkshire Hathaway stock. The stock was purchased at an average cost of $60.28 per share, with a total value of $46,168,391.72.
• On Monday, June 10th, Berkshire Hathaway Inc bought 584,550 shares of Berkshire Hathaway stock. The shares were purchased at an average price of $60.26 per share, for a total transaction of $35,224,983.00.
• On Friday, June 7th, Berkshire Hathaway Inc purchased 1,386,844 shares of Berkshire Hathaway stock. The shares were acquired at an average cost of $59.67 per share, for a total transaction of $82,752,981.48.
• On Wednesday, June 5th, Berkshire Hathaway Inc acquired 524,340 shares of Berkshire Hathaway stock. The stock was acquired at an average cost of $59.75 per share, with a total value of $31,329,315.00.
• On Monday, April 29th, Berkshire Hathaway Inc bought 311,637 shares of Berkshire Hathaway stock. The shares were acquired at an average price of $25.47 per share, for a total transaction of $7,937,394.39.
• On Friday, April 26th, Berkshire Hathaway Inc purchased 219,303 shares of Berkshire Hathaway stock. The stock was acquired at an average price of $24.46 per share, with a total value of $5,364,151.38.
• On Wednesday, April 24th, Berkshire Hathaway Inc acquired 123,388 shares of Berkshire Hathaway stock. The shares were bought at an average price of $25.22 per share, for a total transaction 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 cost of $25.58 per share, with a total value of $10,570,346.66.
• On Wednesday, April 10th, Berkshire Hathaway Inc purchased 513,104 shares of Berkshire Hathaway stock. The shares were bought at an average cost of $25.96 per share, for a total transaction of $13,320,179.84.

Berkshire Hathaway Trading Up 0.1 %

Berkshire Hathaway stock opened at $407.72 on Wednesday. The stock has a 50 day moving average price of $407.15 and a 200-day moving average price of $394.07.

Wall Street Analysts Forecast Growth

Separately, Argus upgraded Berkshire Hathaway from a “hold” rating to a “buy” rating and set a $450.00 price objective for the company in a report on Wednesday, May 29th.

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.