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Warren Buffett's Berkshire Hathaway has been selling off its stake in Bank of America since mid-July, but the stock has only dipped 1%. Is this a buying opportunity or time to move on?

Despite the share reduction, Bank of America remains the second largest Warren Buffett holding with a stunning 998,961.079 shares that make up 10.4% of the portfolio.

Buffett started selling off Berkshire's Bank of America shares after it peaked with a new 52-week high of $44.44 back in July. The latest sales were all made at average prices just under $40 a share.

Warren Buffett sells Bank of America stock again as share price crests Buffett’s Berkshire Hathaway unloads about $767 million of Bank of America stock Published: July 31, 2024 at 11:33 a.m. ET ...

The Kuwait Investment Authority sold a $3.1 billion stake in Bank of America Corp. in an overnight block trade, according to ...

Warren Buffett may be saying goodbye to a chunk of his Bank of America Corp BAC shares, but the charts signal a strong outlook for the stock. With the stock up 23.75% year-to-date and a solid 55. ...

Key Takeaways Warren Buffett's Berkshire Hathaway sold more shares of Bank of America, a filing Monday showed, extending Berkshire's pullback after a runup in the bank's stock price. Berkshire ...

Bank of America's P/E ratio is far lower than Apple's, closing in on 15 times earnings, but that is near the highs of the last seven years since Buffett's owned the stock.

Investor Warren Buffett’s company has unloaded more of its Bank of America stake, selling nearly 25 million shares worth almost $1 billion over the past week.

Bank of America's stock fell 0.6% on Wednesday. Earlier this month, Buffett sold about 38.89 million shares of Bank of America at prices ranging from $43.13 a share to $44.07 a share for proceeds ...

OMAHA, Neb. (AP) — Investor Warren Buffett's company has unloaded more of its Bank of America stake, selling nearly 25 million shares worth almost $1 billion over the past week.