Berkshire buys $212.38 million of Lennar shares as stock rises premarket

  • Berkshire Hathaway bought Lennar shares through insurance subsidiaries between Sept. 17 and Sept. 21, 2026.
  • Lennar reported $8.05 billion in third-quarter revenue and 20,879 new orders.
  • Lennar cut full-year 2026 delivery guidance to 80,000-81,000 homes from 82,000-83,000.

Berkshire Hathaway acquired approximately $212.4 million of Lennar shares between Sept. 17 and Sept. 21, 2026, adding 2.67 million Class A shares and 75,021 Class B shares through insurance subsidiaries. The purchases lifted Berkshire’s holdings to 23.72 million Class A shares and 528,217 Class B shares, taking its ownership beyond 10% and triggering continuing Section 16 disclosures. A newer report characterized the position as nearly 10% and valued Berkshire’s Lennar stake at about $1.8 billion, while the detailed filing information valued the disclosed purchases at $212.38 million. Lennar shares rose about 2.3% to $79.89 in Tuesday premarket trading despite weak fiscal third-quarter results and a stock decline of almost a third over the past year. Revenue fell 8.6% to $8.05 billion, new orders dropped 9% to 20,879 homes and full-year 2026 delivery guidance was reduced to 80,000-81,000 homes from 82,000-83,000.

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