Insider Buying: Berkshire Hathaway Inc. (NYSE:BRK-B) Major Shareholder Acquires 185,419 Shares of Stock

Berkshire Hathaway Inc. (NYSE:BRK-BGet Rating) major shareholder Berkshire Hathaway Inc purchased 185,419 shares of the company’s stock in a transaction that occurred on Thursday, May 12th. The stock was acquired at an average cost of 57.34 per share, with a total value of 10,631,925.46. Following the transaction, the insider now directly owns 143,162,392 shares of the company’s stock, valued at 8,208,931,557.28. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Tuesday, May 10th, Berkshire Hathaway Inc purchased 716,355 shares of Berkshire Hathaway stock. The stock was acquired at an average cost of 57.32 per share, with a total value of 41,061,468.60.
  • On Monday, May 2nd, Berkshire Hathaway Inc purchased 5,867,118 shares of Berkshire Hathaway stock. The stock was acquired at an average cost of 57.10 per share, with a total value of 335,012,437.80.

Berkshire Hathaway stock traded down 3.48 during trading hours on Thursday, hitting 308.06. 5,616,728 shares of the stock were exchanged.

About Berkshire Hathaway (Get Rating)

Berkshire Hathaway Inc, through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. It provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. The company 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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