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RSS FeedsWarren Buffett sold off $800 million worth of Apple stock last quarter
(iMore iPhone)

 
 

18 february 2020 05:35:03

 
Warren Buffett sold off $800 million worth of Apple stock last quarter
(iMore iPhone)
 


You know what`s cool? A billion dollars. What you need to know Warren Buffett has sold $800 million in Apple stock. The sale of the stock happened over the course of Q1 2020. Berkshire Hathaway continues to hold the largest share of Apple stock in the world. Warren Buffett, billionaire investor and CEO of real estate company Berkshire Hathway, has sold over $800 million dollars worth of Apple stock over the last quarter, according to SEC filings published last Friday. Depending on when Berkshire Hathaway sold the 3.7 million shares of Apple stock over the last quarter, it earned the company anywhere between $806 million and $1.1 billion. According to Business Insider, the transaction may appear to be a massive sell-off but is, in perspective, a small portion of the real estate mogul`s portfolio with Apple. Berkshire Hathway continues to be the largest shareholder of Apple with a 5.4% stake in the company that is currently worth about $72 billion dollars. The exact reason for t...


 
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