Warren Buffett's Berkshire Hathaway unloaded just over one million more shares of Moody's last week after the credit rating agency's stock price rebounded to the mid-$20s.
According to an SEC filing late Friday, Berkshire sold a total of 1,152,627 shares on Wednesday, October 28 and Thursday, October 29. The average price was $24.87, raising $28.7 million for Berkshire.
Berkshire Hathaway remains Moody's largest shareholder, with 38,066,685 shares. That's a stake of 16.1 percent, down from the 16.6 percent it held as of early September.
The latest sales are larger than the almost 800,000 share reduction in the first days of September, but much smaller than the roughly eight million shares sold in late July.