Warren Buffett

Warren Buffett sells more BofA shares, reaping $982 million

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Warren Buffett sells more BofA shares, reaping $982 million

As his conglomerate continues to reduce its position in the second-largest US bank, Warren Buffett sold an additional $982 million of Bank of America Corp. stock. Since mid-July, Berkshire Hathaway Inc. has sold off a total of about 13% of the shareholding, bringing in $5.4 billion in revenue. In a late Tuesday regulatory statement, Berkshire … Read more

Warren Buffett Bet On Ulta Beauty, Heico in Q2: Explore How His Portfolio Changed

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Warren Buffett Bet On Ulta Beauty, Heico in Q2: Explore How His Portfolio Changed

In the second quarter of this year, shares of the aerospace and electronics manufacturing company Heico Corp. (HEI) and the beauty goods company Ulta Beauty (ULTA) were purchased by Warren Buffett’s Berkshire Hathaway, according to a regulatory filing on Wednesday. Additionally, the 13-F filing attested to Berkshire’s substantial reduction in its stake in Apple Inc. … Read more