Berkshire Sells Major Healthcare Holding After 10+ Years

0
2K

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.


Search
Categories
Read More
Mysticism
EUTHYPHRO: EXAMPLES OF SOCRATIC METHOD, Part 2
EUTHYPHRO: EXAMPLES OF SOCRATIC METHOD, Part 2  From Understanding Plato: The Smart...
By Mystic Queen 2025-06-15 21:06:32 0 2K
NBA
Pacers reach NBA Finals as Knicks fall short
NBA: Indiana Pacers reach NBA Finals after beating New York Knicks in Game 6The Indiana Pacers...
By Sacred AtoZ 2025-06-01 08:11:23 0 4K
News
Which GM 5.3 Vortec Years Have The Most Issues?
Which GM 5.3 Vortec Years Have The Most Issues?With the launch of Chevy's small-block V8 in 1955,...
By Mystic Queen 2025-06-03 05:00:12 0 2K
News
This Alarming COVID Symptom Is Everywhere With The Latest Variant. We Asked Experts What You Need To Know.
This Alarming COVID Symptom Is Everywhere With The Latest Variant. We Asked Experts What You Need...
By Mystic Queen 2025-06-11 21:22:26 0 2K
News
Biotech industry faces off: US vs. China
Biotech industry faces off: US vs. China Fri, Jun 20, 2025, 5:21 PM China has become...
By Mystic Queen 2025-06-22 05:00:17 0 2K
Sacred A to Z! https://sacredatoz.com