Kraft Heinz hits a 6-year low as Berkshire signals it may sell its 27.5% stake

What happened

Kraft Heinz ($KHC) disclosed in an SEC prospectus filing that Berkshire Hathaway could sell, from time to time, up to 325.4 million shares — essentially its full 27.5% stake (about $7.7bn based on the prior close). The headline spooked the market because a stake that large creates a supply overhang. $KHC fell about 7% intraday and touched a near 6-year low.

Context that matters

1. Overhang risk

Even if Berkshire does not sell immediately, registering the shares puts “availability” on the table, which can pressure the stock until the market has clarity on timing and pace.

2. Big strategic reset already underway

Kraft Heinz is planning to split into 2 businesses (groceries vs sauces and spreads), targe ...