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GOBankingRates
GOBankingRates
John Csiszar

Berkshire’s New CEO Just Offloaded DaVita Stocks: Should You Sell Yours Too?

SMG/SMG via ZUMA Wire / Shutterstock

For the first time since 1965, Berkshire Hathaway has made a major trade under the direction of someone other than former CEO Warren Buffett. The conglomerate recently sold roughly 1.65 million shares of DaVita Inc. (NYSE: DVA), valued at about $200 million, under newly appointed CEO Greg Abel, who took the helm of the company in 2026, reported the International Business Times. 

However, this does not necessarily mean that Abel is countering the wishes of his former mentor. In fact, it may simply represent a type of accounting repositioning.

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