Atlanta Braves (BATRA) to Release Earnings on Wednesday

Atlanta Braves (NASDAQ:BATRA) is anticipated to release its earnings data before the market opens on Wednesday, February 26th. Analysts expect Atlanta Braves to post earnings of ($0.78) per share and revenue of $48.20 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Atlanta Braves Trading Down 1.7 %

Shares of Atlanta Braves stock opened at $43.38 on Monday. The firm has a market capitalization of $2.68 billion, a price-to-earnings ratio of -59.42 and a beta of 0.80. Atlanta Braves has a fifty-two week low of $38.90 and a fifty-two week high of $46.65. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.70 and a current ratio of 0.70. The stock has a 50 day moving average of $41.60 and a 200 day moving average of $42.64.

Insider Buying and Selling

In other news, major shareholder John C. Malone purchased 5,094 shares of the firm’s stock in a transaction on Monday, January 27th. The shares were bought at an average cost of $41.94 per share, for a total transaction of $213,642.36. Following the completion of the purchase, the insider now directly owns 169,522 shares of the company’s stock, valued at approximately $7,109,752.68. This trade represents a 3.10 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Over the last three months, insiders acquired 44,932 shares of company stock worth $1,864,395. Company insiders own 4.83% of the company’s stock.

Atlanta Braves Company Profile

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.