AE Wealth Management LLC Makes New $682,000 Investment in The Liberty Braves Group (NASDAQ:BATRA)

AE Wealth Management LLC purchased a new position in shares of The Liberty Braves Group (NASDAQ:BATRAGet Rating) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 24,215 shares of the financial services provider’s stock, valued at approximately $682,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bartlett & Co. LLC acquired a new position in shares of The Liberty Braves Group in the 3rd quarter valued at about $34,000. Hosking Partners LLP acquired a new position in shares of The Liberty Braves Group in the 2nd quarter valued at about $36,000. Amalgamated Bank acquired a new position in shares of The Liberty Braves Group in the 1st quarter valued at about $47,000. MetLife Investment Management LLC lifted its holdings in shares of The Liberty Braves Group by 57.0% in the 1st quarter. MetLife Investment Management LLC now owns 5,829 shares of the financial services provider’s stock valued at $168,000 after buying an additional 2,116 shares during the period. Finally, FMR LLC lifted its holdings in shares of The Liberty Braves Group by 31.4% in the 2nd quarter. FMR LLC now owns 7,757 shares of the financial services provider’s stock valued at $195,000 after buying an additional 1,855 shares during the period. Institutional investors and hedge funds own 15.53% of the company’s stock.

Insider Buying and Selling

In related news, CAO Brian J. Wendling sold 1,370 shares of the company’s stock in a transaction dated Wednesday, January 11th. The stock was sold at an average price of $35.00, for a total value of $47,950.00. Following the completion of the transaction, the chief accounting officer now owns 14,871 shares of the company’s stock, valued at approximately $520,485. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CAO Brian J. Wendling sold 1,370 shares of the company’s stock in a transaction dated Wednesday, January 11th. The stock was sold at an average price of $35.00, for a total value of $47,950.00. Following the completion of the transaction, the chief accounting officer now owns 14,871 shares of the company’s stock, valued at approximately $520,485. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Gamco Investors, Inc. Et Al purchased 800 shares of The Liberty Braves Group stock in a transaction that occurred on Friday, December 23rd. The stock was acquired at an average cost of $32.58 per share, with a total value of $26,064.00. Following the acquisition, the insider now directly owns 12,800 shares in the company, valued at approximately $417,024. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 8,200 shares of company stock valued at $267,200 and sold 28,335 shares valued at $1,286,901. 11.43% of the stock is currently owned by insiders.

The Liberty Braves Group Stock Performance

Shares of BATRA stock opened at $35.73 on Friday. The stock has a market cap of $1.89 billion, a PE ratio of -79.40 and a beta of 0.87. The business has a 50-day simple moving average of $32.94 and a 200-day simple moving average of $30.15. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.92. The Liberty Braves Group has a 52-week low of $24.50 and a 52-week high of $35.94.

About The Liberty Braves Group

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The Liberty Braves Group, through its subsidiary, Braves Holdings, LLC, owns the Atlanta Braves Major League Baseball Club, various assets and liabilities associated with ANLBC's stadium, and mixed-use development project. The company is based in Englewood, Colorado. The Liberty Braves Group is a subsidiary of Liberty Media Corporation.

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Institutional Ownership by Quarter for The Liberty Braves Group (NASDAQ:BATRA)

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