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Warren Buffett's Berkshire Hathaway Trims Moody's Stake Again

Tuesday, 22 Dec 2009 | 10:43 PM ET

Warren Buffett's Berkshire Hathaway continues to trim its stake in Moody's with another reported sale. This latest reduction, however, is relatively small compared to recent days.

A filing with the SEC tonight (Tuesday) shows that Berkshire sold 87,992 shares on Friday, December 18 for an average price of $26.7682. Total raised by the sale: under $2.4 million.

Berkshire has sold a total of almost 6.3 million Moody's shares on six days so far this month, raising $160.2 million.

It now holds just under 13.5 percent of the credit rating agency's outstanding shares, and remains its biggest shareholder.

Here's the updated table showing all the reported sales this year:

Berkshire's Moody's Sales in 2009

Date Shares Sold Price/Share Total Price
July 20 1,817,000 $28.7269 $52,196,777
July 21 3,915,100 $26.9188 $105,389,794
July 22 2,254,200 $26.6425 $60,057,524
September 1 366,761 $26.8104 $9,833,009
September 1 421,127 $27.5988 $11,622,600
September 2 6,500 $26.3246 $171,110
October 28 1,133,027 $24.8637 $28,171,243
October 29 19,600 $25.2728 $495,347
December 7 2,004,946 $25.0381 $50,200,038
December 8 704,346 $24.8074 $17,472,993
December 10 1,325,374 $25.2012 $33,401,015
December 11 2,054,798 $26.6675 $54,796,326
December 14 74,619 $26.6644 $1,989,671
December 18 87,992 $26.7682 $2,355,387
TOTAL 16,185,390 $26.45 $428,152,834
Source: SEC Filings

Current Berkshire stock prices:

Class A:

Class B:

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