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Warren Buffett is once again reducing his stake in Apple shares. Here’s what investors need to know | 20.11.24
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Warren Buffett is once again reducing his stake in Apple shares. Here’s what investors need to know | 20.11.24

Apple

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Warren Buffett is once again reducing his stake in Apple shares. Here’s what investors need to know | 20.11.24

Kaufen / Verkaufen

Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) stock portfolio is one of the most followed collections of stocks in the world. The reason is simple: Buffett has led Berkshire to overwhelming gains over a long period of time. A $1,000 investment in Berkshire Hathaway during its IPO would be worth $2.4 million today. Berkshire Hathaway’s success is due to several factors, but the part that most investors pay attention to is Buffett’s stock purchasing decisions. The company’s stake in Apple (NASDAQ: AAPL), which it sold during the year, has been of interest lately. In the third quarter of 2024, Buffett sold even more, reducing his position by another $23 billion. In total, Buffett and Berkshire saw $95 billion in gains on Apple stock in 2024. This led many people to speculate about the reason for the sell-off. . Investors may get a sneak peek at Berkshire Hathaway’s annual meeting this spring, but in the meantime, here’s what investors need to know about Buffett’s Apple stock sales.Continue readingMore articles on MotleyFool