Bank of America Corporation (BAC)
Is Bank of America Stock a Buy?
Bank of America exceeded Wall Street estimates in the second quarter, sending shares immediately higher. Berkshire Hathaway started trimming its position in the bank stock.
Warren Buffet offloads $770 million of this stock in 4 days
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) has once again made headlines by significantly trimming its stake in one of its long-standing investments, Bank of America (NYSE: BAC).
Warren Buffett's Berkshire Hathaway Sells More BofA Shares
Warren Buffett's Berkshire Hathaway (BRK.A,BRK.B) sold more shares of Bank of America (BAC) over the last week, extending Berkshire's pullback from one of its biggest bets after a runup in the bank's stock price.
Warren Buffett dumps $3B worth Bank of America shares to cash in on soaring stock price
Buffett's Berkshire Hathaway first invested in the bank in 2011 amid the fallout from the 2008 financial crisis.
Warren Buffett's Berkshire Hathaway offloads more Bank of America shares
Warren Buffet's investment firm Berkshire Hathaway Inc (NYSE:BRK.A) has sold more Bank of American stock, bringing its sales to more than $3 million this month. The firm has been securing profits after the US bank's shares have added more than 20% in the year to date, closing at about $41 per share on Monday.
Berkshire Sells More Bank of America Stock. Here's When It Might Stop.
Warren Buffett's company has reduced its stake for nine consecutive trading days.
Buffett's sales of Bank of America stock top $3 bln
Warren Buffett's Berkshire Hathaway sold more Bank of America shares, boosting sales to more than $3 billion this month, taking profits after a big run-up in the second-largest U.S. bank's stock price.
Berkshire Hathaway Keeps Selling Its Bank of America Stock. Should Investors Be Concerned?
Berkshire Hathaway trimmed its Bank of America position for the first time since 2019. Rising interest rates have Bank of America sitting on $115 billion in unrealized losses.
Warren Buffett's Berkshire Trims Position In Its Second Biggest Stock Holding By $3.2B This Month: What It Means For Investors?
Warren Buffett-led Berkshire Hathaway, Inc. BRK BRK is shaving off its ownership interest in Bank of America Corp.'s BAC, one of its core holdings, and on Monday the investment holding firm disclosed the third sale for the month.
Why Bank of America Just Approved a Huge Stock Buyback Program
As the market rotation gets underway, with traders and investors showing growth in preferences for small-cap stocks and bonds, a few other cogs in the machine need to be in place first. Historically, whenever the financial markets are about to make a pivot, activity and price action around the financial sector are leading indicators for investors to consider.
Warren Buffett Has Sold Almost $2.3 Billion of Bank of America Stock -- and It's a Direct Reminder of His $56 Billion Warning to Wall Street
Warren Buffett and his investment team have dumped nearly 52.8 million shares of Berkshire Hathaway's second-largest holding, Bank of America, over a six-session stretch. Buffett has been a net-seller of equities for six consecutive quarters (through Mar. 31, 2024).
Warren Buffett Recently Sold 34 Million Shares of Bank of America. But That Doesn't Mean You Should
Yes, 34 million is a lot of shares, but it's best to look at the bigger picture. Berkshire Hathaway, Buffett's company, still owns nearly a billion shares.
