Warren Buffett's firm Berkshire Hathaway originally bought 68.9 million shares of Paramount Global ( PARA -5.17%) in the first quarter of 2022. Warren Buffett purchased almost 69 million Paramount Global (NASDAQ:PARA) shares in Q1 2022, worth $2.60 billion. The company has gained sufficient ground to Older viewers love CBS, but Im guessing that Warren Buffett didnt just drop $2.6 billion on shares of network parent Paramount Global because hes a big fan of NCIS: Hawaii. Like many of the relevant Warren Buffett stocks trading at Warren Buffett is making another bet in the streaming wars. The billionaires company, Berkshire Hathaway, disclosed in a securities filing on Monday that it has acquired about $2.6 billion worth of stock in Paramount Global, the owner of CBS, MTV, Nickelodeon, Showtime and Comedy Central, and the operator of the Paramount+ streaming service. The Associated Press. Warren Buffetts Berkshire Hathaway reported Monday in a securities filing that it has acquired a stake in Paramount Global after acquiring $2.6 billion in Class B shares. During the quarter in question, Paramount's stock traded at an average price of $34 per share. Warren Buffetts Berkshire Hathaway Inc. added to nine stock holdings during the second quarter, reduced holdings of four and sold two outright. OMAHA, Neb. As of March 31, 2022, Buffetts Berkshire Hathaway owned just over 68.9 million shares of Paramount Global (PARA) for a total market value exceeding $1.67 million. Some of the most prominent stocks that Warren Buffett loaded up on for the rest of 2022 include Apple Inc. (NASDAQ: AAPL ), Amazon.com, Inc. (NASDAQ: AMZN ), and Shares of Paramount Global jumped Tuesday after Warren Buffetts Berkshire Hathaway revealed a new stake in the media company. Warren Buffett CEO of Berkshire Hathaway Warren Buffetts holding company Berkshire Hathaway has bought $2.6 billion in stocks for Paramount Global, operator of Last week, filings revealed that Warren Buffetts Berkshire Hathaway took a $2.6B stake in media giant Paramount Global (NASDAQ:PARA) becoming Berkshires 18th largest holding at the end of the first quarter. What does Mr. Buffett see in Paramount? He -- Warren Buffett's company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks. Berkshire Hathaway reported a new position in Paramount in the first quarter. Paramount Globals stock price shot up 15% in trading Tuesday following the news that Warren Buffetts Berkshire Hathaway has scooped up more than $2 billion worth of shares As of March 31, 2022, Buffetts Berkshire Hathaway owned just over 68.9 million shares of Paramount Global ( PARA) for a total market value exceeding $1.67 million. Warren Buffetts history with Occidental Petroleum goes back to 2019, when Berkshire helped finance Occidentals $35.7 billion acquisition of Anadarko Petroleum. Warren Buffett is making another bet in the streaming wars. Warren Buffett's company received clearance to boost its 20% stake in Occidental Petroleum to as much as 50%, but it's not immediately clear how many more shares Warren Buffett is making another bet in the streaming wars. May 17, 2022, 11:36 AM Warren Buffett. The stock rallied 15.4% Tuesday. The billionaires company, Berkshire Hathaway, disclosed in a securities filing on Monday that it has acquired Despite the risks, the industry has caught the attention of one well-known investor. Buffett Dividend Stock #1: Paramount Global Class B PARA Dividend Yield: 3.70% Annual Dividend: 96 cents Frequency: Quarterly Sector: Communication Services Paramount At the Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence. - MarketWatch Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence. Warren Buffetts Berkshire Hathaway reported Monday in a securities filing that it has acquired a stake in Paramount Global after acquiring $2.6 billion in Class B shares. In the past few months, Warren Buffetts Berkshire Hathaway has been buying shares at a fever pitch. Paramount stock soared as much as 16% on Tuesday after Warren Buffett 's Berkshire Hathaway revealed a stake in the company. It's not a stock I would ever have expected Warren Buffett ( Trades, Portfolio) to be interested in, and yet, Berkshire Hathaway ( BRK.A, Financial ) ( BRK.B, Financial) bought shares in the first quarter of 2022 according to the firm's latest 13F report. Paramount Global ( PARA -0.27%) stock is down 10% this year, and the stock is now lower than when Warren Buffett's company, Berkshire Hathaway, bought shares in the first On the financial front, against a basket of valuation metrics, PARA stock is considered modestly undervalued. Paramount Global shares were trading as high as $32.32 each on Tuesday morning, up 15.2% or $4.30 each. A closer look Older viewers love CBS, but Im guessing that Warren Buffett didnt just drop $2.6 billion on shares of network parent Paramount Global because hes a big fan of NCIS: Hawaii. The dip in stock prices that defined early 2022 has created a slew of new investment opportunities for value investors like Buffett. Why Did Buffett Buy Paramount Global? He Something went wrong. Please try again later. Warren Buffetts holding company Berkshire Hathaway has bought $2.6 billion in stocks for Paramount Global, operator of Paramount+ and owner of Paramount Pictures, CBS, Showtime, and Comedy Central among other TV and film properties, according to financial filings made public on Monday. Paul Morigi/Getty Images Paramount stock soared as much as 16% on Tuesday after Warren Buffett's Berkshire Hathaway revealed a Warren Buffetts Berkshire Hathaway invested about $2.6 billion in Paramount Global during the first quarter of 2022, according to a Securites and Exchange Commission filing that disclosed th Warren Buffett's firm Berkshire Hathaway originally bought 68.9 million shares of Paramount Global ( PARA -5.17%) in the first quarter of 2022. Lets be honest. Warren Buffett buying in is a good reason to be bullish, especially since it assumes that he, or someone connected to him, has done due diligence ahead of such a buy. In Q2, Buffett increased his stake by 14% to 78.4 million shares. Note that 13F filings dont (Image credit: ViacomCBS) Paramount Global shares rose more than 15% each on Tuesday after Warren Buffetts Berkshire Hathaway disclosed that it purchased about 68.9 million shares of the programmer in the first quarter. Another name among Warren Buffett stocks that likely raised eyebrows is Paramount Global (NASDAQ: PARA ). Paramount Global While Buffett's stake in Paramount has led to buying pressure in the stock, it is still just a drop in the bucket relative to its largest portfolio holding: Apple, which represents 42% of the entire portfolio. An icon in the shape of a lightning bolt. Paramount Global CFO Naveen Chopra has lauded Warren Buffett after his Berkshire Hathaway investment vehicle acquired about $2.6 billion worth of stock in the owner of CBS, May 18, 2022 01:30PM EDT Movie studio and streaming magnate Paramount ( PARA) has made some impressive strides lately. The SEC Warren Buffett Stocks: Paramount Global Published on July 11th, 2022 by Felix Martinez Berkshire Hathaway (BRK.B) has an equity investment portfolio worth more than $360 billion as of the end Paramount
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