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Here's why Warren Buffett dumped $31 million worth of this stock
DVADaVita(DVA) Finbold·2025-02-14 13:41

Group 1 - Warren Buffett, the CEO of Berkshire Hathaway, has achieved a net worth of approximately 142billionbyconsistentlyoutperformingthemarketsthroughacarefulinvestmentapproach[1]−Buffettfocusesonlong−terminvestmentsinhigh−qualitybusinesseswithenduringcompetitiveadvantages,emphasizingvalueinvestingbyassessingstocksbasedonattractivepricingrelativetoearningsandrevenueestimates[2]−Recently,BuffettandBerkshirehavebeennetsellers,liquidatingpositionsmorethanacquiringnewstocks[3]Group2−OnFebruary11,Buffettsold203,091sharesofDaVitaIncatanaveragepriceof142 billion by consistently outperforming the markets through a careful investment approach [1] - Buffett focuses on long-term investments in high-quality businesses with enduring competitive advantages, emphasizing value investing by assessing stocks based on attractive pricing relative to earnings and revenue estimates [2] - Recently, Buffett and Berkshire have been net sellers, liquidating positions more than acquiring new stocks [3] Group 2 - On February 11, Buffett sold 203,091 shares of DaVita Inc at an average price of 156.01, totaling approximately $31.68 million, and this sale was not prearranged [6] - Following the sale, Berkshire continues to hold about 35.89 million shares of DaVita, representing a roughly 45% stake in the company [7] - The sale was influenced by a share repurchase agreement from April 2004, which requires Berkshire to sell shares if its stake exceeds 45%, indicating that the sale does not reflect a bearish outlook on DaVita [9]