Walleye Capital LLC Sells 150,000 Shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

Walleye Capital LLC lessened its holdings in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 15.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 850,000 shares of the financial services provider’s stock after selling 150,000 shares during the quarter. Walleye Capital LLC owned 1.67% of Atlanta Braves worth $33,830,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in BATRK. Quent Capital LLC raised its position in Atlanta Braves by 568.4% during the third quarter. Quent Capital LLC now owns 1,651 shares of the financial services provider’s stock worth $66,000 after acquiring an additional 1,404 shares in the last quarter. Hahn Capital Management LLC raised its position in Atlanta Braves by 33.7% during the second quarter. Hahn Capital Management LLC now owns 1,962 shares of the financial services provider’s stock worth $77,000 after acquiring an additional 495 shares in the last quarter. nVerses Capital LLC bought a new stake in Atlanta Braves during the second quarter worth $95,000. OFI Invest Asset Management bought a new stake in Atlanta Braves during the second quarter worth $156,000. Finally, Quest Partners LLC raised its position in Atlanta Braves by 28,820.0% during the third quarter. Quest Partners LLC now owns 4,338 shares of the financial services provider’s stock worth $173,000 after acquiring an additional 4,323 shares in the last quarter. Institutional investors own 64.88% of the company’s stock.

Atlanta Braves Price Performance

Shares of BATRK opened at $40.14 on Friday. The firm has a market capitalization of $2.04 billion, a PE ratio of -54.99 and a beta of 0.70. The company’s 50-day moving average is $40.19 and its 200-day moving average is $40.67. Atlanta Braves Holdings, Inc. has a fifty-two week low of $35.42 and a fifty-two week high of $44.42.

Wall Street Analyst Weigh In

Separately, Rosenblatt Securities dropped their price objective on shares of Atlanta Braves from $54.00 to $53.00 and set a “buy” rating on the stock in a research report on Wednesday, August 14th.

About Atlanta Braves

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.