Atlanta Braves (BATRK) Expected to Announce Earnings on Wednesday

Atlanta Braves (NASDAQ:BATRK) is expected to be releasing its earnings data before the market opens on Wednesday, February 26th. Analysts expect Atlanta Braves to post earnings of ($0.69) per share and revenue of $48.20 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Atlanta Braves Price Performance

Shares of NASDAQ:BATRK opened at $40.07 on Wednesday. The business’s 50 day moving average price is $38.48 and its 200-day moving average price is $40.04. The firm has a market capitalization of $2.04 billion, a PE ratio of -54.89 and a beta of 0.73. Atlanta Braves has a 1 year low of $35.81 and a 1 year high of $44.42.

Insiders Place Their Bets

In other Atlanta Braves news, major shareholder John C. Malone bought 5,094 shares of Atlanta Braves stock in a transaction on Monday, January 27th. The shares were bought at an average price of $41.94 per share, for a total transaction of $213,642.36. Following the completion of the transaction, the insider now directly owns 169,522 shares of the company’s stock, valued at $7,109,752.68. This trade represents a 3.10 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Over the last 90 days, insiders have purchased 45,232 shares of company stock valued at $1,876,845. Insiders own 11.43% of the company’s stock.

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.