Reported 25 days ago
Ajit Jain, vice chairman of Berkshire Hathaway, has sold 200 shares of the company's Class A stock for a total of $139 million, representing 55% of his holdings, amid praise from Warren Buffett for his contributions to the company’s success in insurance operations. Despite the large sale, Berkshire's stock did not significantly decline in value, and analysts speculate that this move may be linked to estate planning or a possible transition in the insurance leadership at the company.
Source: YAHOO