Warren Buffett acquired 10.7 Million StoneCo Ltd shares worth $111 Million. That's 0.03% of their equity portfolio (36th largest holding). The investor owns 3.60% of the outstanding StoneCo Ltd stock. Warren Buffett started to build up the position in StoneCo Ltd in Q4 2018. Since then they sold 3.47 Million shares. The investor's estimated purchase price is $247 Million, resulting in a loss of 55%.
This Buffett stock trades near its cheapest valuation since going public in 2018.The Motley Fool, 4 months ago
StoneCo has been delivering impressive growth rates in its key metrics while maintaining high profitability and efficiency. Click here to see why STNE stock ...Seeking Alpha, 5 months ago
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