Intech Investment Management LLC Makes New $455,000 Investment in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

Intech Investment Management LLC purchased a new stake in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) in the 3rd quarter, Holdings Channel reports. The firm purchased 11,425 shares of the financial services provider’s stock, valued at approximately $455,000.

A number of other large investors have also made changes to their positions in BATRK. Quent Capital LLC grew its holdings in shares of Atlanta Braves by 568.4% during the third quarter. Quent Capital LLC now owns 1,651 shares of the financial services provider’s stock worth $66,000 after buying an additional 1,404 shares in the last quarter. Hahn Capital Management LLC increased its stake in Atlanta Braves by 33.7% in the 2nd quarter. Hahn Capital Management LLC now owns 1,962 shares of the financial services provider’s stock valued at $77,000 after buying an additional 495 shares during the last quarter. nVerses Capital LLC bought a new stake in Atlanta Braves during the 2nd quarter worth about $95,000. OFI Invest Asset Management acquired a new position in shares of Atlanta Braves during the 2nd quarter worth about $156,000. Finally, Quest Partners LLC grew its holdings in shares of Atlanta Braves by 28,820.0% in the 3rd quarter. Quest Partners LLC now owns 4,338 shares of the financial services provider’s stock valued at $173,000 after acquiring an additional 4,323 shares in the last quarter. Institutional investors own 64.88% of the company’s stock.

Atlanta Braves Trading Up 0.5 %

Shares of NASDAQ BATRK opened at $40.54 on Tuesday. The stock has a 50 day moving average of $40.16 and a 200-day moving average of $40.73. Atlanta Braves Holdings, Inc. has a 12 month low of $35.46 and a 12 month high of $44.42. The company has a market capitalization of $2.06 billion, a P/E ratio of -55.53 and a beta of 0.70.

Analysts Set New Price Targets

Separately, Rosenblatt Securities reduced their price target on Atlanta Braves from $54.00 to $53.00 and set a “buy” rating for the company in a research report on Wednesday, August 14th.

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.