Berkshire Hathaway adds to its Lennar stake at $80 a share

As seen on the 24/7 Wall St. homepage on October 5, 2026.

Insider buy Berkshire Hathaway Inc
Bought LENNAR CORP /NEW/ $67.5M842,753 shares @ $80.04

Berkshire Hathaway kept buying Lennar through a slump in homebuilder sentiment, scooping up roughly $193 million of stock and lifting its Class A stake above 28.4 million shares. Buffett's team is treating elevated mortgage rates as an entry point.

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On October 5, 2026, Berkshire Hathaway bought 842,753 shares of Lennar at $80.04 per share, lifting its Class A position past 28.4 million shares.

Homebuilder sentiment has been under pressure as elevated mortgage rates cool demand and squeeze affordability, pushing Lennar's share price well below levels many buyers would consider comfortable. Berkshire is treating that weakness as an opening.

The purchase represents about 0.03% of Berkshire's total holdings, a modest line in an enormous portfolio. The consistent accumulation across a difficult housing backdrop signals the patient, incremental buying that has defined Buffett's approach to cyclical industries.

For investors tracking housing, the question is whether Berkshire sees current mortgage rate levels as a temporary headwind that eventually normalizes, releasing pent-up demand that benefits a large-volume builder like Lennar.

Sources

Mentioned: LEN

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