OMAHA – and its controlling stockholder, Warren E. Buffett, reported the sale of a significant block of DaVita Inc. (NASDAQ:DVA) common stock. The transaction, which occurred on May 1, 2026, involved the disposition of 1,220,376 shares, totaling approximately $182.8 million.
The shares were sold at a price of $149.8429 per share. Following this transaction, Berkshire Hathaway and Mr. Buffett collectively hold 28,880,209 shares of DaVita common stock. The stock has since climbed to $157.04, trading near its 52-week high of $159.42, with shares up roughly 30% over the past six months.
The reported holdings are held indirectly. Of the total, 13,906,601 shares are owned by Government Employees Insurance Company (GEICO), a subsidiary of Berkshire Hathaway. Berkshire may be deemed to beneficially own and have a pecuniary interest in these shares. Mr. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own these shares to the extent of his pecuniary interest, though he disclaims beneficial ownership except for that pecuniary interest. An additional 14,973,608 shares are held by pension plans of Berkshire’s subsidiaries, including the BNSF Master Retirement Trust and the Berkshire Hathaway Inc. Consolidated Pension Plan. Berkshire, Mr. Buffett, and these pension plans disclaim beneficial ownership in these specific shares.According to InvestingPro analysis, DaVita appears undervalued at current levels based on Fair Value estimates, trading at a P/E ratio of 16.4 with a market cap of $10.3 billion.
In other recent news, reported impressive first-quarter 2026 results, exceeding both earnings and revenue forecasts. The company achieved earnings per share of $2.87, surpassing the expected $2.32. Additionally, DaVita’s revenue reached $3.42 billion, outperforming the forecasted $3.34 billion. These developments highlight DaVita’s strong performance in the first quarter of 2026. Despite these positive financial results, the company’s stock experienced a decline in aftermarket trading. This market reaction is occurring amid broader market volatility and challenges specific to the sector. These recent developments provide valuable insights into DaVita’s financial health and market conditions.
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Source:
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