Atlanta Braves Holdings Inc Class A (BATRA)

In the past six months, Atlanta Braves Holdings, Inc. stock has experienced some fluctuations. As of December 30, 2025, the share price was $42.61, representing a 4.44% increase from December 31, 2024, when it was $40.80, but decreased by 1.38% over the last month. Key events impacting the stock include the Third Quarter 2025 Financial Results, where the company reported a 7% increase in total revenue, a 4% increase in baseball revenue, and a 56% increase in Mixed-Use Development revenue, leading to a 114% growth in Total Adjusted OIBDA. The company also reported its second-quarter and first quarter 2025 financial results, which would have influenced investor sentiment.

Demand for Atlanta Braves Holdings, Inc.'s products and services is highly seasonal, primarily driven by the Major League Baseball calendar, with most sales and operating income from Baseball Operations recognized in the second and third quarters. To mitigate this seasonality, The Battery Atlanta provides year-round income through its retail, office, hotel, and entertainment operations. The company also employs flexible pricing strategies for tickets and encourages attendance. Revenue streams from broadcasting rights and sponsorships also contribute to the company's financial performance throughout the year.

Atlanta Braves Holdings, Inc. operates in the communication services sector, focusing on entertainment and services-misc. amusement & recreation. The company has two main segments: Baseball Operations, which manages the Atlanta Braves Major League Baseball Club, including player management, scouting, and ballpark operations, generating revenue from various sources. The Mixed-Use Development segment focuses on The Battery Atlanta, featuring retail, office spaces, hotels, and entertainment, deriving revenue from rental income, parking, and sponsorships.

The primary geographic footprint of Atlanta Braves Holdings, Inc. is centered in Atlanta, Georgia, United States, where the Atlanta Braves, Truist Park, and The Battery Atlanta are located.

The Atlanta Braves have a long history, contributing to a strong brand identity within U.S. baseball. The team's success, including two World Series titles since 1991, further bolsters its reputation. The Braves have maintained a strong market presence, competing effectively in sports entertainment. The successful integration of sports and business innovation, particularly with The Battery Atlanta, has set a benchmark in the industry. The company has also focused on enhancing fan experience through Truist Park renovations and new sponsorship agreements, indicating a healthy brand appeal. The consistent reporting of strong financial results and ongoing development projects suggest a generally positive brand perception.

Atlanta Braves Holdings, Inc. has a diverse ownership structure, with significant institutional and insider holdings. Major institutional owners include Gamco Investors, Inc. Et Al, Gabelli Funds Llc, Vanguard Group Inc, and BlackRock, Inc., among others. Liberty Media Corp is a significant insider shareholder, owning 13.67% of the company's shares, totaling 8,603,969 shares valued at approximately $370.14 million. Overall, institutional shareholders own about 81.75% of the company, while Atlanta Braves Holdings insiders own 21.99%.