Berkshire Hathaway (NYSE:BRK-A) Stock Price Up 0.6%

Berkshire Hathaway Inc. (NYSE:BRK-AGet Free Report)’s share price rose 0.6% during mid-day trading on Wednesday . The stock traded as high as $622,658.50 and last traded at $622,658.50. Approximately 2,141 shares were traded during mid-day trading, The stock had previously closed at $618,999.90.

Berkshire Hathaway Stock Performance

The company’s 50-day moving average is $617,848.94 and its 200 day moving average is $604,107.03.

Insider Activity

In related news, major shareholder Berkshire Hathaway Inc purchased 219,303 shares of the company’s stock in a transaction dated Friday, April 26th. The shares were purchased at an average price of $24.46 per share, with a total value of $5,364,151.38. Following the acquisition, the insider now directly owns 35,182,219 shares in the company, valued at approximately $860,557,076.74. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders have purchased a total of 4,250,422 shares of company stock valued at $231,873,107 in the last 90 days.

About Berkshire Hathaway

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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.

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