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ENGLEWOOD, CO - John C. Malone, a significant shareholder of Atlanta Braves Holdings, Inc. (NASDAQ:BATRA), has increased his stake in the $2.63 billion market cap company with a series of stock purchases amounting to approximately $1.94 million. According to the latest SEC filings, Malone acquired a total of 46,449 shares of Series A Common Stock over two days, with the stock currently trading near its 52-week high of $46.65.
On April 10, Malone purchased 44,258 shares at a weighted average price of $41.80 per share, with transaction prices ranging from $41.20 to $42.00. The following day, he acquired an additional 2,191 shares at a weighted average price of $41.99, within a price range of $41.93 to $42.00. This brings Malone’s direct ownership to 333,061 shares.
Additionally, Malone holds 10,177 shares indirectly through the Leslie A. Malone 1995 Revocable Trust, though he disclaims beneficial ownership of these shares.
These transactions underscore Malone’s continued investment in Atlanta Braves Holdings, a company engaged in amusement and recreation services, including the ownership of the Major League Baseball team, the Atlanta Braves.
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