Bitcoin price today: falls to 2-week low below $113k ahead of Fed Jackson Hole
Rhodes DeRetta C., the Executive Vice President and Chief Culture Officer at Atlanta Braves Holdings, Inc. (NASDAQ:BATRK), recently executed a series of stock transactions, according to a filing with the Securities and Exchange Commission. The company, currently valued at $2.59 billion, has shown notably low price volatility with a beta of 0.78, according to InvestingPro data.
On May 14 and 15, DeRetta sold a total of 5,767 shares of Series C Common Stock, generating approximately $237,423. The sale prices ranged from $40.97 to $41.20 per share. Following these transactions, DeRetta retains ownership of 3,112 shares.
Additionally, on May 15, DeRetta exercised stock options to acquire 5,000 shares at a price of $27.18 per share, with the total value of the acquisition amounting to $135,900. These option exercises are fully vested, as noted in the filing.
This series of transactions reflects DeRetta’s ongoing adjustments to her holdings in the company, which remains a key player in the sports and entertainment industry.
In other recent news, Atlanta Braves Holdings Inc. reported a significant increase in revenue for the first quarter of 2025, with figures reaching $47.2 million, surpassing the forecasted $31 million. This represents a 27% year-over-year growth, driven by baseball operations and mixed-use development. Despite reporting a loss in earnings per share of $0.66, the company’s revenue performance exceeded expectations by approximately 52%. The acquisition of the PennantPark office complex was highlighted as a strategic move to enhance their real estate portfolio. Analysts from Rosenblatt Securities and Morgan Stanley (NYSE:MS) discussed the sustainability of the company’s revenue growth and the outlook for media and streaming opportunities. The company is optimistic about its playoff potential for 2025 and is preparing for potential new MLB media agreements. Upcoming events include an Investor Day scheduled for June 18, where future strategies and developments will be discussed.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.