5:16 PM · 12 September 2024

Berkshire Hathaway executive slashes half of his stakeđź’ˇ

Ajit Jain, an insurance executive at Berkshire Hathaway (BRKA.US), has sold more than half of his stake in the company, according to a new SEC regulatory filing.

The nearly 73-year-old vice chairman disposed of 200 Berkshire Class A shares on Monday at an average price of $695,418 per share for a total of nearly $139 million. Monday's sale represented 55% of his total stake in Berkshire.

The move marked the biggest drop in Jain's holdings since he joined Berkshire in 1986. It is worth recalling that the conglomerate's market value reached $1 trillion in late August.

The company's shares tested the 50-day exponential moving average (blue curve on the chart) on Tuesday. Source: xStation 

21 May 2026, 6:19 PM

Walmart falls despite strong earnings

21 May 2026, 5:18 PM

Oil keeps rising: is there reason to worry?

21 May 2026, 4:35 PM

The US Government Supports the Quantum Revolution

21 May 2026, 3:10 PM

US OPEN: News from the tech sector and Iran are driving the market

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits