Berkshire Hathaway (NYSE:BRK-A) Stock Price Up 0.6%

Berkshire Hathaway Inc. (NYSE:BRK-A)’s stock price traded up 0.6% during trading on Wednesday . The company traded as high as $622,658.50 and last traded at $622,658.50. 2,141 shares were traded during trading, The stock had previously closed at $618,999.90.

Berkshire Hathaway Stock Performance

The business has a 50 day simple moving average of $617,848.94 and a 200 day simple moving average of $604,107.03.

Insiders Place Their Bets

In other news, major shareholder Berkshire Hathaway Inc purchased 334,461 shares of the firm’s stock in a transaction on Monday, June 17th. The shares were bought at an average cost of $59.75 per share, for a total transaction of $19,984,044.75. Following the completion of the purchase, the insider now directly owns 255,281,524 shares of the company’s stock, valued at $15,253,071,059. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have bought 4,250,422 shares of company stock worth $231,873,107 over the last ninety days.

About Berkshire Hathaway

Berkshire Hathaway Inc, through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.