Buffett sells BYD shares; a 51% WeWork bid: Insider trades & hedge funds weekly
Investing.com — Here is your Pro Recap of the biggest insider trades and institutional investor headlines you may have missed last week: Berkshire Hathaway sells $25.8 million worth of shares in China's BYD, Cole Capital Funds seeks to acquire 51% of WeWork, and top brass buys at Align Technology, Arbor Realty Trust, Loews, Greenbrier, and Fifth Third Bancorp.The transaction, which took place on October 25, reduced Berkshire's stake in BYD's issued H-shares to 7.98% from 8.
Director, Bryan Daniels, purchased 64,500 common shares, or worth more than $1.5M, at an average price of $23.31 per share.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases.
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