Berkshire Hathaway sheds over 5 million shares from HP Inc stake

United States News News

Berkshire Hathaway sheds over 5 million shares from HP Inc stake
United States Latest News,United States Headlines
  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Berkshire Hathaway recently pared its stake in HP Inc. by several million shares, a SEC filing showed Wednesday. Its holdings of HP Inc now stand at 115.45 million shares.

Securities and Exchange Commission filing

, saw the Warren Buffett-helmed company’s total number of HP Inc. shares owned go from 120.95 million to 115.45 million. The transactions involved about 5.5 million shares, according to the disclosure. Berkshire Hathaway started doing so with $27.79 million worth on Monday, with additional sales of HP Inc. stock happening in the two days after that, the filing shows.Warren Buffett is the chairman and CEO of Berkshire Hathaway.has brought in a total of $39.9 billion in net revenue over the first three quarters of its fiscal year 2023, a roughly 17% decrease from the $48.1 billion posted in the same time frame last year. Its net earnings over nine months was $2.29 billion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FoxBusiness /  🏆 458. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Berkshire Hathaway Inc. Cl B stock rises Wednesday, still underperforms marketBerkshire Hathaway Inc. Cl B stock rises Wednesday, still underperforms marketShares of Berkshire Hathaway Inc. Cl B inched 0.01% higher to $367.82 Wednesday, on what proved to be an all-around mixed trading session for the stock...
Read more »

Berkshire Hathaway Inc. Cl B stock rises Thursday, still underperforms marketBerkshire Hathaway Inc. Cl B stock rises Thursday, still underperforms marketShares of Berkshire Hathaway Inc. Cl B inched 0.46% higher to $369.50 Thursday, on what proved to be an all-around favorable trading session for the stock...
Read more »

Berkshire Hathaway trims its HP stake as the PC maker continues to underperformBerkshire Hathaway trims its HP stake as the PC maker continues to underperformWarren Buffett's conglomerate sold about 5.5 million shares of HP, worth around $158 million, a new filing shows.
Read more »

Berkshire Hathaway Hits Trifecta With Record Stock Price and Market Cap, Beats S&P 500Berkshire Hathaway Hits Trifecta With Record Stock Price and Market Cap, Beats S&P 500Shares of Warren Buffett's Berkshire Hathaway have rallied lately even though its largest equity holding, Apple, is under pressure.
Read more »

Berkshire Hathaway Has Hit the TrifectaBerkshire Hathaway Has Hit the TrifectaShares of Warren Buffett's Berkshire Hathaway have rallied lately even though its largest equity holding, Apple, is under pressure.
Read more »

Berkshire Hathaway Sells 5.5 Million Shares of HP in Recent DaysBerkshire Hathaway Sells 5.5 Million Shares of HP in Recent DaysThe Berkshire open-market sale is its first of HP since the company accumulated a 12% stake in the PC maker in early 2022
Read more »



Render Time: 2025-03-27 07:22:38