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Warren Buffett just dumped $760 million of this stock
BACBank of America(BAC) Finbold·2024-09-06 08:32

Although abstaining from selling Bank of America (NYSE: BAC) stock during the second quarter, as revealed in his updated portfolio, Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK.A), has sold almost 7billionworthofthisstocksincetheendofQ2.ThetrendcontinuedwithBuffettslatestsaleonSeptember5,whereheoffloaded18,746,304BACsharesatanaveragepriceof7 billion worth of this stock since the end of Q2.The trend continued with Buffett’s latest sale on September 5, where he offloaded 18,746,304 BAC shares at an average price of 40.51 per share for a total profit of $759.5 million.Buffett’s sale of BAC stock. Source: SECLooking at the previous filings wit ...