Berkshire sells some HP shares after taking big stake last year

By Jonathan Stempel

(Reuters) – Warren Buffett’s Berkshire Hathaway said on Wednesday it has sold about 5.5 million shares of HP, undoing part of what has been a large, unsuccessful investment in the maker of personal computers and printers.

Berkshire sold the shares this week for about $158 million, reducing its HP stake to about $3.27 billion, according to a filing with the U.S. Securities and Exchange Commission.

Buffett’s company now owns about 11.7% of HP’s shares, down from 12.2% before…