All articles tagged with #stock purchases
Berkshire Hathaway updated its Q2 holdings, selling significant shares of Apple and Bank of America, while increasing its stake in UnitedHealth and revealing investments in mystery stocks D.R. Horton, Lennar, and Nucor, with notable strategic moves and sales.
Representative Marjorie Taylor Greene recently bought stocks in six companies: ASML, Costco, CrowdStrike, Lululemon, Nestle, and NextEra Energy. These purchases reflect interests in AI, retail, and renewable energy sectors. While some of these stocks, like ASML and CrowdStrike, are strong tech investments, others like Nestle may not offer the same growth potential. Investors should consider these factors before following her stock moves.
Warren Buffett's company, Berkshire Hathaway, has resumed its purchases of Occidental Petroleum stock, investing over $246 million to add to its already massive stake in the oil producer. Berkshire now controls nearly 26% of Occidental, with more than 228 million shares. Buffett has consistently bought Occidental stock whenever it fell below $60, but this week he was willing to pay over $63 for new shares. This move comes as Chevron and Exxon also make significant acquisitions in the oil sector, indicating a belief in the continued importance of oil as a fuel source. Berkshire's portfolio includes major stakes in Apple, Bank of America, and Coca-Cola, among others.
The Securities and Exchange Commission (SEC) is seeking to compel Elon Musk, CEO of Tesla, to testify in an investigation regarding his Twitter stock purchases. The SEC is looking into whether Musk's tweets about Tesla's stock violated a previous settlement agreement.
Warren Buffett's company, Berkshire Hathaway, has purchased an additional 2.1 million shares of Occidental Petroleum, bringing its total ownership to over 25% of the oil producer. With more than 224 million shares worth nearly $13 billion acquired over the past year and a half, Buffett may continue buying as the stock price remains favorable. While investors often follow Buffett's lead, his statement that he has no plans to acquire all of Occidental may temper enthusiasm. However, Berkshire holds warrants to buy an additional 83.9 million shares, and it also owns preferred shares worth over $10 billion.
SoFi CEO Anthony Noto's wife disclosed stock purchases dating back to 2021, according to filings with the Securities and Exchange Commission. The disclosure falls under insider trading regulations.
Cathie Wood's Ark Invest purchased over 300K shares of Block, Inc (SQ) and over 250K shares of Coinbase Global (COIN) across three of her actively managed ETFs, even as both stocks suffered double-digit declines. SQ is listed as ARKK’s eighth largest holding, while COIN is the fund's fourth largest position. In ARKW, SQ is listed as the fund’s fifth largest portfolio stake, and COIN represents the ETF's number one holding. ARKF lists COIN as its second most significant position and SQ as the ETF’s third heaviest weighting.