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John C. Malone, a significant shareholder in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA), a $2.6 billion market cap company, has made a notable purchase of Series A Common Stock. According to InvestingPro data, the stock has gained 3.2% year-to-date, showing relatively low price volatility. On April 14 and April 15, Malone acquired a total of 4,811 shares, with the transaction amounting to approximately $202,025. The shares were bought at prices ranging from $41.99 to $42.00 per share, close to the current trading price of $41.96.
Following these transactions, Malone now holds 337,872 shares directly. Additionally, 10,177 shares are held indirectly by the Leslie A. Malone 1995 Revocable Trust, though Malone disclaims beneficial ownership of these shares.
These acquisitions reflect Malone’s continued investment in the company, underscoring his confidence in the Atlanta Braves Holdings’ prospects.
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