Harvey Partners LLC Has $20.18 Million Stock Position in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK)

Harvey Partners LLC increased its holdings in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 14.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 507,000 shares of the financial services provider’s stock after purchasing an additional 64,500 shares during the quarter. Atlanta Braves makes up 2.3% of Harvey Partners LLC’s investment portfolio, making the stock its 18th biggest holding. Harvey Partners LLC owned approximately 1.00% of Atlanta Braves worth $20,179,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of BATRK. Vanguard Group Inc. increased its position in shares of Atlanta Braves by 2.3% in the first quarter. Vanguard Group Inc. now owns 2,342,671 shares of the financial services provider’s stock worth $91,505,000 after purchasing an additional 53,272 shares during the last quarter. Gabelli Funds LLC lifted its stake in Atlanta Braves by 3.2% in the 2nd quarter. Gabelli Funds LLC now owns 1,365,883 shares of the financial services provider’s stock worth $53,870,000 after purchasing an additional 42,617 shares in the last quarter. Aristeia Capital L.L.C. raised its stake in shares of Atlanta Braves by 42.9% in the second quarter. Aristeia Capital L.L.C. now owns 1,321,464 shares of the financial services provider’s stock valued at $52,119,000 after acquiring an additional 396,720 shares during the period. Schwartz Investment Counsel Inc. increased its stake in shares of Atlanta Braves by 54.6% during the second quarter. Schwartz Investment Counsel Inc. now owns 542,264 shares of the financial services provider’s stock valued at $21,387,000 after buying an additional 191,478 shares during the period. Finally, HBK Investments L P grew its holdings in Atlanta Braves by 57.0% in the third quarter. HBK Investments L P now owns 480,000 shares of the financial services provider’s stock worth $19,104,000 after purchasing an additional 174,300 shares during the last quarter. 64.88% of the stock is currently owned by institutional investors and hedge funds.

Atlanta Braves Stock Up 0.5 %

Shares of BATRK opened at $40.54 on Tuesday. The company has a 50 day moving average of $40.16 and a two-hundred day moving average of $40.73. The company has a market cap of $2.06 billion, a price-to-earnings ratio of -55.53 and a beta of 0.70. Atlanta Braves Holdings, Inc. has a twelve month low of $35.46 and a twelve month high of $44.42.

Analyst Upgrades and Downgrades

Separately, Rosenblatt Securities reduced their target price on shares of Atlanta Braves from $54.00 to $53.00 and set a “buy” rating for the company in a research note 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.