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The fourth quarter saw Buffett sell off significant chunks of his stakes in financial stocks including Bank of America and Citigroup.
Warren Buffett's Berkshire Hathaway has been selling off its stake in Bank of America since mid-July, but the stock has only dipped 1%. Is this a buying opportunity or time to move on?
OMAHA, Neb. (AP) — Investor Warren Buffett's company has unloaded more of its Bank of America stake, selling nearly 25 million shares worth almost $1 billion over the past week.
Investor Warren Buffett's company has unloaded more of its Bank of America stake, selling nearly 25 million shares worth almost $1 billion over the past week. Berkshire Hathaway has steadily sold ...
Warren Buffett has sold an additional $982 million worth of Bank of America Corp. shares, according to a regulatory filing.
Billionaire Warren Buffett reduced his ownership position in Bank of America Corp. for the second time this month as the stock continues to shine in 2024.
After trimming Apple earlier this year, Warren Buffett also just culled his second-largest stock holding.
Moreover, Buffett maintained his Bank of America stock even when he sold virtually all his other financial stocks between 2020 and early 2023.
24/7 Insights For the first time in almost five years, Warren Buffett trims his Bank of America stake Large cap financials have posted mixed second-quarter results Grab this free report today ...