Berkshire Hathaway Inc. has sold almost 1.2 million shares of Moody's Corp. stock as it keeps cutting its stake in the company, which provides credit rating and market research and analysis.

Billionaire Warren Buffett's company revealed the sales in documents filed Friday with the Securities and Exchange Commission.

The latest sales were completed Wednesday and Thursday at prices ranging between $24.86 and $25.27 per share. Following the sales, Berkshire held 38.1 million Moody's shares.

Berkshire has reduced its stake in Moody's considerably since March 31 when it held 48 million shares. Moody's shares closed at $23.68 on Friday, down 2.4 percent.