Berkshire Sells Major Healthcare Holding After 10+ Years

0
1K

Berkshire Sells Major Healthcare Holding After 10+ Years

Fatima Gulzar

1 min read

In This Article:

Berkshire Hathaway Inc. (NYSE:BRK-B) is among the 11 Best Financial Services Stocks to Buy Right Now. It has restarted sales of DaVita, selling 200,010 shares between May 22 and May 27, 2025.

Berkshire has been selling a significant healthcare holding that it has owned for more than ten years, according to CNBC,

Berkshire has been selling a significant healthcare holding that it has owned for more than ten years, according to CNBC,

A team of insurance professionals in a boardroom overlooking a city skyline.

The deal comes after Berkshire Hathaway Inc. (NYSE:BRK-B) made a $116 million sale of 750,000 shares in February. Despite the sales, the firm still has 35.14 million shares in DaVita, making it the company’s largest institutional investor. The healthcare stock, which it originally purchased in 2011, is still the conglomerate’s tenth-largest position.

The new disposal comes after DaVita’s share price skyrocketed, quadrupling since 2011, while the company’s operational difficulties grew.

Ted Weschler, the portfolio manager, is believed to have spearheaded the purchase because he valued DaVita’s effectiveness and shareholder-friendly approach.

Berkshire Hathaway Inc. (NYSE:BRK-B) is a holding company with numerous subsidiaries engaged in various operations. The company’s primary business is insurance, which is mostly handled by Geico, Berkshire Hathaway Primary Group, and Berkshire Hathaway Reinsurance Group. It is among the best financial stocks.

While we acknowledge the potential of BRK-B as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025.

Disclosure. None.


Site içinde arama yapın
Kategoriler
Read More
Mysticism
Basics of Botanicals: SPEARMINT
Basics of Botanicals: SPEARMINT September 28, 2022•Basics of Botanicals,...
By Mystic Queen 2025-06-15 20:22:16 0 1K
Health
What is ketamine therapy? Mormon reality stars tout controversial treatment
What is ketamine therapy? Mormon reality stars tout controversial treatment Season 2 of the...
By Mystic Queen 2025-06-01 15:33:19 0 1K
News
The One Thing You Shouldn't Do When You Get a Pedicure, According to a Dermatologist
The One Thing You Shouldn't Do When You Get a Pedicure, According to a DermatologistThe One Thing...
By Mystic Queen 2025-06-24 05:00:11 0 998
Mysticism
5 Nostradamus Predictions for 2025
For 2025, Nostradamus left behind a few mysterious words, lines that everyone reads differently....
By Natural Myth 2025-06-01 07:55:17 0 2K
Religion
Tales from the Ramayana – The Abduction of Sita
Tales from the Ramayana – The Abduction of Sita - New Acropolis Library...
By Mystic Queen 2025-06-11 21:31:08 0 1K
AtoZ Buzz! Take Control of the narrative https://atozbuzz.com