Berkshire Hathaway Inc. (NYSE:BRK-B) Major Shareholder Acquires $10,570,346.66 in Stock

Berkshire Hathaway Inc. (NYSE:BRK-B) major shareholder Berkshire Hathaway Inc purchased 413,227 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The stock was purchased at an average price of $25.58 per share, for a total transaction of $10,570,346.66. Following the purchase, the insider now owns 69,044,244 shares in the company, valued at $1,766,151,761.52. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Large 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 Wednesday, April 10th, Berkshire Hathaway Inc purchased 513,104 shares of Berkshire Hathaway stock. The stock was purchased at an average price of $25.96 per share, for a total transaction of $13,320,179.84.
• On Monday, April 8th, Berkshire Hathaway Inc purchased 938,896 shares of Berkshire Hathaway stock. The stock was purchased at an average price of $26.98 per share, for a total transaction of $25,331,414.08.
• On Thursday, April 4th, Berkshire Hathaway Inc purchased 1,250,000 shares of Berkshire Hathaway stock. The stock was purchased at an average price of $27.76 per share, for a total transaction of $34,700,000.00.
• On Wednesday, March 27th, Berkshire Hathaway Inc purchased 189,759 shares of Berkshire Hathaway stock. The stock was purchased at an average price of $29.25 per share, for a total transaction of $5,550,450.75.
• On Monday, March 25th, Berkshire Hathaway Inc purchased 199,664 shares of Berkshire Hathaway stock. The stock was purchased at an average price of $28.82 per share, for a total transaction of $5,754,316.48.
• On Thursday, March 21st, Berkshire Hathaway Inc purchased 333,916 shares of Berkshire Hathaway stock. The stock was purchased at an average price of $28.92 per share, for a total transaction of $9,656,850.72.
• On Monday, March 11th, Berkshire Hathaway Inc bought 20,609 shares of Berkshire Hathaway stock. The stock was acquired at an average cost of $29.94 per share, with a total value of $617,033.46.
• On Friday, March 8th, Berkshire Hathaway Inc bought 521,804 shares of Berkshire Hathaway stock. The stock was acquired at an average cost of $29.86 per share, with a total value of $15,581,067.44.
• On Wednesday, March 6th, Berkshire Hathaway Inc bought 1,188,000 shares of Berkshire Hathaway stock. The stock was acquired at an average cost of $29.39 per share, with a total value of $34,915,320.00.
• On Monday, March 4th, Berkshire Hathaway Inc bought 234,194 shares of Berkshire Hathaway stock. The stock was acquired at an average cost of $28.77 per share, with a total value of $6,737,761.38.

Berkshire Hathaway Stock Performance

NYSE:BRK-B traded down $4.35 during mid-day trading on Friday, reaching $403.26. The company’s stock had a trading volume of 3,430,639 shares. The firm’s 50-day simple moving average is $408.22 and its two-hundred day simple moving average is $374.57.

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.