Warren Buffett’s Berkshire Hathaway has sold about $338 million of Bank of America stock this week. This is the 13th round of sales since mid-July. The average price was $39.40 per share. Buffett has not said why he is selling the shares.

Warren Buffett’s conglomerate has added another zero to its haul from a months-long selling spree of Bank of America Corp. stock.

A dozen rounds of selling have trimmed Warren Buffett’s stake in Bank of America Corp. to the cusp of a key regulatory threshold, in which he will no longer need to quickly notify the public of his trading.

Warren Buffett's Berkshire Hathaway sold more of its holdings in the second-largest US bank, raising its total haul to nearly $9 billion over the last several months.

As you’re probably aware, there are two sides to the conglomerate Berkshire Hathaway (BRK.A) , which is led by investment icon Warren Buffett. One side consists of private companies, such as Geico insurance and See’s Candies.

Warren Buffett's most successful stocks in 2024 are Nu Holdings, Jefferies Financial Group, DaVita, Louisiana-Pacific Corporation, and more.

Billionaire investor Warren Buffett's Berkshire Hathaway (NYSE:BRK.A) (BRK.B) further cuts stake in Bank of America (NYSE:BAC), surpassing $10 billion in total sales proceeds. This milestone was reached during the company's 14th round of disposals as the investor sold about 9.