On December 12th, regulatory documents showed that Berkshire Hathaway, a subsidiary of Warren Buffett, has sold HP shares again, reducing its shareholding to 5.2%. Affected by this news, HP's stock price fell by over 1% in after hours trading on Monday. Currently, Berkshire still holds 51.5 million shares of HP stock, valued at approximately $1.6 billion based on Monday's closing price of $30.37.
According to reports, Berkshire sold HP stocks for 9 consecutive days from mid September to early October, after reducing its stake in the latter to around 10%.