Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) Stake Raised by Commerce Bank

Commerce Bank grew its holdings in shares of Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) by 80.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,982 shares of the financial services provider’s stock after purchasing an additional 7,118 shares during the period. Commerce Bank’s holdings in Atlanta Braves were worth $636,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of Atlanta Braves by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 2,342,671 shares of the financial services provider’s stock worth $91,505,000 after acquiring an additional 53,272 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Atlanta Braves by 14.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,995 shares of the financial services provider’s stock worth $508,000 after purchasing an additional 1,650 shares in the last quarter. Janus Henderson Group PLC raised its holdings in Atlanta Braves by 3.3% during the 1st quarter. Janus Henderson Group PLC now owns 661,845 shares of the financial services provider’s stock worth $25,851,000 after buying an additional 21,053 shares during the period. California State Teachers Retirement System lifted its stake in Atlanta Braves by 4.4% during the first quarter. California State Teachers Retirement System now owns 47,635 shares of the financial services provider’s stock valued at $1,861,000 after buying an additional 2,004 shares in the last quarter. Finally, Delphi Management Inc. MA boosted its holdings in shares of Atlanta Braves by 12.2% in the first quarter. Delphi Management Inc. MA now owns 46,843 shares of the financial services provider’s stock worth $1,830,000 after buying an additional 5,089 shares during the period. Institutional investors and hedge funds own 64.88% of the company’s stock.

Analyst Upgrades and Downgrades

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

Atlanta Braves Trading Up 0.1 %

Shares of BATRK stock opened at $40.25 on Tuesday. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of -55.14 and a beta of 0.70. Atlanta Braves Holdings, Inc. has a 1-year low of $35.42 and a 1-year high of $44.42. The stock’s fifty day simple moving average is $40.25 and its 200-day simple moving average is $40.66.

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.