19 Mid- And Large-Cap Stocks Insiders Are Buying After Trump’s Tariff Rollout

7. Atlanta Braves Holdings, Inc. (NASDAQ:BATRA)

Market Cap: $2.44 billion

Atlanta Braves, founded in 2022 and based in Atlanta, owns and operates the Atlanta Braves Major League Baseball team and its home stadium, Truist Park. The company also manages mixed-use developments around the ballpark, including retail, office, hotel, and entertainment spaces at The Battery Atlanta. It operates through two segments: Baseball and Mixed-Use Development. Atlanta Braves is also one of the billionaire Mario Gabelli’s top 15 stock picks.

Recently, the company announced that its Braves Development Company has acquired Pennant Park, a six-building office complex next to The Battery Atlanta. The 34-acre property includes 763,465 square feet of office space, over 2,700 parking spots, and is more than 80% leased by 24 tenants, including The Home Depot. CEO Mike Plant said the acquisition “creates a significant opportunity… to enhance the tenant experience” and “expand our footprint” as The Battery Atlanta continues to grow.

In April, one investor, who is a large shareholder of Atlanta, C. John Malone, made four purchases acquiring a total of $2.85 million worth of shares at an average price of $41.57. Over the past 12 months, the stock has gained 3.06%, currently trading at $42.07 per share.

In 2024, the company disclosed total revenue of $640.67 million, compared to $662.75 million in 2023.

Twenty-one analysts rated Atlanta Braves stock as a “Moderate Buy,” according to TipRanks. The average price target of $203.87 suggests a potential upside of 41.06%.