Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) Stock Position Decreased by Horizon Kinetics Asset Management LLC

Horizon Kinetics Asset Management LLC decreased its holdings in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) by 2.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,006 shares of the financial services provider’s stock after selling 540 shares during the quarter. Horizon Kinetics Asset Management LLC’s holdings in Atlanta Braves were worth $1,138,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Renaissance Technologies LLC lifted its holdings in Atlanta Braves by 7.9% in the second quarter. Renaissance Technologies LLC now owns 232,900 shares of the financial services provider’s stock worth $9,626,000 after purchasing an additional 17,000 shares during the period. Aurora Investment Counsel lifted its stake in shares of Atlanta Braves by 12.1% in the 2nd quarter. Aurora Investment Counsel now owns 45,723 shares of the financial services provider’s stock worth $1,890,000 after acquiring an additional 4,945 shares during the period. Alden Global Capital LLC acquired a new stake in shares of Atlanta Braves in the 2nd quarter worth approximately $1,301,000. GAMMA Investing LLC boosted its holdings in shares of Atlanta Braves by 5,336.8% in the third quarter. GAMMA Investing LLC now owns 1,033 shares of the financial services provider’s stock valued at $44,000 after acquiring an additional 1,014 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in shares of Atlanta Braves by 1,500.0% during the second quarter. Nisa Investment Advisors LLC now owns 640 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 600 shares during the period. Institutional investors own 12.31% of the company’s stock.

Atlanta Braves Price Performance

Shares of NASDAQ:BATRA opened at $42.07 on Tuesday. The stock’s 50 day moving average price is $42.64 and its 200 day moving average price is $43.04. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.70 and a quick ratio of 0.70. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of -57.63 and a beta of 0.85. Atlanta Braves Holdings, Inc. has a 12 month low of $39.59 and a 12 month high of $46.65.

Atlanta Braves Company Profile

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.