Executive Producer
 |
Warren Buffett’s Berkshire Hathaway continues to trim its stake in Moody’s [MCO 27.36 
0.20 (+0.74%) 
] with another reported sale. This latest reduction, however, is relatively small compared to recent days.
A filing with the SEC tonight (Tuesday) shows that Berkshire sold 87,992 shares on Friday, December 18 for an average price of $26.7682. Total raised by the sale: under $2.4 million.
Berkshire has sold a total of almost 6.3 million Moody’s shares on six days so far this month, raising $160.2 million.
It now holds just under 13.5 percent of the credit rating agency’s outstanding shares, and remains its biggest shareholder.
Here’s the updated table showing all the reported sales this year:
|
Berkshire’s Moody’s Sales in 2009
|
| Date | Shares Sold | Price/Share | Total Price |
| July 20 | 1,817,000 | $28.7269 | $52,196,777 |
| July 21 | 3,915,100 | $26.9188 | $105,389,794 |
| July 22 | 2,254,200 | $26.6425 | $60,057,524 |
| September 1 | 366,761 | $26.8104 | $9,833,009 |
| September 1 | 421,127 | $27.5988 | $11,622,600 |
| September 2 | 6,500 | $26.3246 | $171,110 |
| October 28 | 1,133,027 | $24.8637 | $28,171,243 |
| October 29 | 19,600 | $25.2728 | $495,347 |
| December 7 | 2,004,946 | $25.0381 | $50,200,038 |
| December 8 | 704,346 | $24.8074 | $17,472,993 |
| December 10 | 1,325,374 | $25.2012 | $33,401,015 |
| December 11 | 2,054,798 | $26.6675 | $54,796,326 |
| December 14 | 74,619 | $26.6644 | $1,989,671 |
| December 18 | 87,992 | $26.7682 | $2,355,387 |
| TOTAL | 16,185,390 | $26.45 | $428,152,834 |
|
Source: SEC Filings
|
Current Berkshire stock prices:
Class A: [BRK.A 98900.00 99.8984 (+0.1%) ]
Class B: [BRK.B 3305.00 6.05 (+0.18%) ]
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