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Berkshire Hathaway buys $193M more Lennar shares despite housing market doubts.

Market News
06 Oct 2026
24/7 Wall Street
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Bearish
Berkshire Hathaway buys $193M more Lennar shares despite housing market doubts.

Berkshire Hathaway recently purchased about 2.4 million more Class A shares of homebuilder Lennar for roughly $193 million, even as Lennar's stock price fell below Berkshire's purchase range and a 52-week low. CEO Greg Abel acknowledges no quick recovery in housing, and Wall Street remains cautious with mostly hold and sell ratings. A short seller has also questioned Lennar's reported home deliveries, adding uncertainty. Berkshire's long-term investment approach focuses on Lennar's land assets, scale, and survival through the housing cycle, contrasting with analysts expecting a slow recovery and limited upside in the near term.

Lennar Corporation trades at USD 77.61 on Pluang as of Oct 07, 2026 00:11 WIB, up 4.27% in one day. The stock remains near its 52-week low of USD 74.44, reflecting ongoing market caution. Pluang users show strong buying interest with 100% buy orders and a typical hold time of 67 days.

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