Berkshire Hathaway (NYSE:BRK-A) Stock Price Down 0.1%

Berkshire Hathaway Inc. (NYSE:BRK-AGet Free Report)’s stock price was down 0.1% during trading on Wednesday . The stock traded as low as $623,648.39 and last traded at $624,825.00. Approximately 11,796 shares changed hands during mid-day trading, The stock had previously closed at $625,150.00.

Berkshire Hathaway Trading Down 0.1 %

The stock’s 50 day simple moving average is $618,267.57 and its 200 day simple moving average is $585,234.04.

Insider Activity

In other Berkshire Hathaway news, major shareholder Berkshire Hathaway Inc bought 1,188,000 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were bought at an average cost of $29.39 per share, with a total value of $34,915,320.00. Following the completion of the acquisition, the insider now owns 50,682,902 shares of the company’s stock, valued at $1,489,570,489.78. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders bought 6,457,501 shares of company stock worth $179,148,132.

About Berkshire Hathaway

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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.

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