Berkshire Hathaway Inc. major shareholder bought over 1 million shares, potentially impacting stock price.
Stock AI’s forecasts:
🔴 -6.6% short-term ⬇️
🔴 -5.0% long-term ⬇️
Stock AI’s (BRK-B) Forecast get (+12.9% Profit)
StockAI’s analysis delivers real-world results. On 18 January 2024, $BRK-B ($359.22), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $405.5 (🟢12.9%). Buying BRK-B on this signal yielded a +12.9% profit 💰💰.
BRK-B-Berkshire Hathaway Inc. News
🟢 Berkshire Hathaway Inc. major shareholder bought 199,664 shares at an average price of $28.82 per share on March 25th.
🔴 Berkshire Hathaway Inc. major shareholder acquired 938,896 shares at an average cost of $26.98 per share on April 8th.
🟢 Berkshire Hathaway Inc. major shareholder purchased 1,250,000 shares at an average cost of $27.76 per share on April 4th.
🔴 Berkshire Hathaway Inc. stock price is expected to decrease by 6.6% in the short-term and 5.0% in the long-term based on recent news of major shareholder purchases at lower prices. Despite the positive impact of increased share ownership, the market may interpret these transactions as a lack of confidence in the stock’s current valuation. This could lead to a decrease in demand and subsequently lower prices. Investors should closely monitor the stock’s performance and consider the implications of these recent developments on their investment strategy.
BRK-B-Berkshire Hathaway Inc. Analyst Ratings
📈 Morgan Stanley analysts upgraded their rating on Berkshire Hathaway Inc. (NYSE:BRK-B) stock from Equal Weight to Overweight and raised the target price from $400 to $450.
📉 Barclays analysts downgraded their rating on Berkshire Hathaway Inc. (NYSE:BRK-B) stock from Overweight to Equal Weight and lowered the target price from $425 to $400.
📈 Goldman Sachs analysts upgraded their rating on Berkshire Hathaway Inc. (NYSE:BRK-B) stock from Neutral to Buy and increased the target price from $410 to $475.
Sources:
1. MarketWatch
2. Nasdaq
3. CNBC
4. Bloomberg
5. Yahoo Finance
Disclaimer
Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.
Ready to analyze your own portfolio?
Get the same AI-powered insights for any stock you choose. It's easy!
