Chase Carey Sells 83,536 Shares of Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Stock

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Director Chase Carey sold 83,536 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $96.95, for a total value of $8,098,815.20. Following the transaction, the director owned 94,356 shares of the company’s stock, valued at $9,147,814.20. This trade represents a 46.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Chase Carey also recently made the following trade(s):

• On Tuesday, December 16th, Chase Carey sold 83,500 shares of Liberty Media Corporation – Liberty Live Series A stock. The shares were sold at an average price of $95.79, for a total value of $7,998,465.00.

Liberty Media Corporation – Liberty Live Series A Trading Up 0.3%

NASDAQ:LLYVA traded up $0.22 on Thursday, reaching $82.14. 385,323 shares of the stock traded hands, compared to its average volume of 143,345. Liberty Media Corporation – Liberty Live Series A has a 1-year low of $59.45 and a 1-year high of $99.63. The company’s 50 day moving average is $82.77 and its 200-day moving average is $84.42. The firm has a market capitalization of $7.55 billion, a price-to-earnings ratio of -21.28 and a beta of 1.39.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Liberty Media Corporation – Liberty Live Series A in the second quarter worth approximately $25,000. Federated Hermes Inc. bought a new stake in shares of Liberty Media Corporation – Liberty Live Series A during the third quarter valued at approximately $64,000. Quent Capital LLC acquired a new position in shares of Liberty Media Corporation – Liberty Live Series A during the third quarter worth approximately $80,000. CWM LLC raised its position in shares of Liberty Media Corporation – Liberty Live Series A by 35.0% during the second quarter. CWM LLC now owns 1,251 shares of the company’s stock worth $99,000 after purchasing an additional 324 shares during the period. Finally, Bessemer Group Inc. lifted its holdings in shares of 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 in the last quarter. 25.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Weiss Ratings reiterated 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 analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series A Company Profile

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.