Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Sees Unusually-High Trading Volume – Here’s What Happened

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) saw unusually-strong trading volume on Monday . Approximately 639,634 shares traded hands during mid-day trading, an increase of 359% from the previous session’s volume of 139,231 shares.The stock last traded at $81.5110 and had previously closed at $82.59.

Analysts Set New Price Targets

A number of equities research analysts have commented on LLYVA shares. Weiss Ratings restated a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research report on Wednesday, October 8th. Zacks Research raised shares of Liberty Media Corporation – Liberty Live Series A to a “hold” rating in a research report on Tuesday, September 9th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Liberty Media Corporation – Liberty Live Series A presently has an average rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series A Stock Up 0.2%

The stock has a market cap of $7.63 billion, a P/E ratio of -21.48 and a beta of 1.39. The firm’s 50-day moving average is $83.02 and its two-hundred day moving average is $84.29.

Institutional Investors Weigh In On Liberty Media Corporation – Liberty Live Series A

A number of large investors have recently bought and sold shares of LLYVA. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Liberty Media Corporation – Liberty Live Series A during the second quarter valued at about $25,000. Federated Hermes Inc. acquired a new position in shares of Liberty Media Corporation – Liberty Live Series A during the 3rd quarter valued at about $64,000. Quent Capital LLC bought a new position in shares of Liberty Media Corporation – Liberty Live Series A in the 3rd quarter valued at approximately $80,000. CWM LLC raised its stake in shares of Liberty Media Corporation – Liberty Live Series A by 35.0% in the 2nd quarter. CWM LLC now owns 1,251 shares of the company’s stock valued at $99,000 after acquiring an additional 324 shares in the last quarter. Finally, Bessemer Group Inc. lifted its holdings in Liberty Media Corporation – Liberty Live Series A by 3,472.2% in the 2nd quarter. Bessemer Group Inc. now owns 1,286 shares of the company’s stock worth $103,000 after purchasing an additional 1,250 shares during the last quarter. 25.07% of the stock is currently owned by institutional investors.

About Liberty Media Corporation – Liberty Live Series A

Liberty Live Group operates in the media, communications, and entertainment industries primarily in North America and the United Kingdom. The company is headquartered in Englewood, Colorado.