Lennar is trading 4.5% up at $88.88 after reports that Berkshire Hathaway increased its Lennar holdings by nearly 30% during the second quarter.
- Berkshire’s company-specific buying signal is driving the gain despite mixed broader markets.
- CNBC reported its Class A position reached 13.1 million shares, worth approximately $1.19 billion; Class B holdings rose 25%.
- MarketWatch and Fortune also identified the increase, strengthening confidence in this explanation.