Remove Conglomerates Remove Investors Remove Stakes
article thumbnail

Warren Buffett Just Trimmed His Stake in Ulta Beauty Stock. Time to Sell?

The Motley Fool

Just one quarter after Warren Buffett's Berkshire Hathaway bought more than $266 million worth of Ulta Beauty (NASDAQ: ULTA) stock, the conglomerate dumped nearly all of that stake in the third quarter this year, selling more than 95% of its shares. The move was surprising for those who follow Buffett. Image source: Getty Images.

Stakes 246
article thumbnail

Warren Buffett Just Cut Half of Berkshire Hathaway's Stake in Apple. Why?

The Motley Fool

The Buffett-led conglomerate unwound a large chunk of its stake in the iPhone maker in the second quarter, the company revealed in its recent earnings report. Berkshire had begun selling Apple in the first quarter, and the value of its stake in the tech giant is down 56% from the end of 2023, when it was worth $174.3

Stakes 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Warren Buffett Just Bought 4 Stocks. Here's the Best of the Bunch.

The Motley Fool

One of the world's greatest investors isn't doing much investing these days. At the end of Q3, Berkshire's stake in Domino's was worth $549.4 The conglomerate also dipped its toes in the water with swimming pool supplies distributor Pool Corporation (NASDAQ: POOL). Sirius XM is the obvious choice for income and value investors.

article thumbnail

Warren Buffett Trimmed His Apple Stake. Here's What He Bought Instead.

The Motley Fool

began selling significant portions of its monster Apple stake. However, the conglomerate did make a few stock buys in the second quarter. And given that the chain has close to 1,500 stores in operation, investors are likely worried that it's reaching market saturation. It finally happened. Occidental Petroleum: Betting on U.S.

article thumbnail

Tata Capital to Acquire Stake in Premium Fashion Brand Rare Rabbit, Valued at $300m

Private Equity Insights

India’s Tata Capital is looking to purchase a roughly 13% stake in premium domestic fashion brand Rare Rabbit at a valuation of $300m, as it seeks to bet on the country’s affluent shoppers, three sources familiar with the matter said. The ongoing stake sale talks are Rare Rabbit’s first external fundraising exercise.

Stakes 244
article thumbnail

These 3 Billionaires Have Massive Stakes in Coca-Cola Stock

The Motley Fool

I put the word "billionaire" right in the headline because I know that investors want to know what the billionaires are doing. Shares of Coca-Cola (NYSE: KO) are clearly popular among billionaire investors. But billionaires Warren Buffett , Ken Griffin, and Jeremy Grantham all have significant stakes in this beverage giant.

Stakes 130
article thumbnail

KKR to Sell about $1.6bn worth of its Stake in Kokusai Electric

Private Equity Insights

Private equity firm KKR plans to cut its stake in Kokusai Electric, two people familiar with the matter said, cashing in after a blistering run for shares in the Japanese chip equipment maker. KKR, which holds around 43% of Kokusai’s shares, plans to sell about half of its stake to investors, one of the people said.

Stakes 130