Lennar climbs after Berkshire Hathaway raises stake
BUZZ-Lennar climbs after Berkshire Hathaway raises stake ** Shares of homebuilder Lennar LEN.N gain 2.4% to $76.24
** Warren Buffet's Berkshire Hathaway BRKa.N acquires about 2.4 million Class A shares of Lennar between October 1-2, per SEC filing
** Purchase also includes 15,028 Class B shares
** Filing shows over 28.4 million Class A shares and over 568,000 Class B shares held by Berkshire Hathaway and its subsidiaries as of October 5
** Berkshire has been consistently boosting its stake in the homebuilder, becoming LEN's biggest shareholder with a 8.7% stake as of September 30, according to LSEG data
** Including session's moves, LEN stock down close to 26% YTD
(Reporting by Jayasree Prabhu)
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Lennar climbs after Berkshire Hathaway raises stake
Brief: Berkshire Hathaway Acquired About 2.4 Million Lennar's Class A Stock Between Oct 1-2 - Filing