Lennar (NYSE:LEN) Major Shareholder Purchases $51,861,753.32 in Stock

Berkshire Hathaway Raises Stake In This Ramshackle Homebuilder

Berkshire Hathaway raised its stake in Lennar and now owns more than 10% of the homebuilder. Other homebuilding stocks rose on the news.

Lennar stock jumps after Berkshire Hathaway raises stake (LEN:NYSE)

Lennar (LEN) was trading higher after an SEC filing showed that its 10% owner Berkshire Hathaway (BRK.A) (BRK.B) has raised stake in the homebuilder.

Lennar (NYSE:LEN) Major Shareholder Purchases $51,861,753.32 in Stock

Lennar Corporation (NYSE:LEN - Get Free Report) major shareholder Berkshire Hathaway Inc purchased 667,118 shares of the stock in a transaction on Monday, September 21st. The shares were purchased at an average price of $77.74 per share, with a total value of $51,861,753.32. Following the acquisition, the insider directly owned 23,719,109 shares in the company, valued at $1,843,923,533.66. This represents a 2.89% increase in their ownership of t…

Berkshire Hathaway Boosts Lennar (LEN) Position with $212M Stock Purchase

Berkshire Hathaway purchased $212M in Lennar (LEN) stock, pushing shares up 2%. Q3 earnings missed forecasts, and analysts maintain cautious outlook.

Lennar (LEN) Stock Rises 2% as Berkshire Hathaway Discloses $212M Stake Purchase

TLDR Berkshire Hathaway bought $212.38 million in Lennar stock between Sept. 17-21, adding to its existing $1.2 billion stake LEN stock rose around 2.3% in premarket trading on Tuesday following the disclosure Lennar’s Q3 earnings of $1.19 per share missed the $1.28 estimate; revenue of $8.05...

Insider Buying: Lennar (NYSE:LEN) Major Shareholder Purchases 667,118 Shares of Stock

Lennar Corporation (NYSE:LEN – Get Free Report) major shareholder Berkshire Hathaway Inc acquired 667,118 shares of the stock in a transaction that occurred on Monday, September 21st. The stock was acquired at an average price of $77.74 per share, with a total value of $51,861,753.32. Following the completion of the transaction, the insider directly owned […]