Berkshire Hathaway Inc Sells 30,643 Shares of Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Stock

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVAGet Free Report) major shareholder Berkshire Hathaway Inc sold 30,643 shares of the company’s stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $82.78, for a total transaction of $2,536,627.54. Following the sale, the insider owned 10,672,364 shares in the company, valued at $883,458,291.92. The trade was a 0.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Berkshire Hathaway Inc also recently made the following trade(s):

  • On Friday, January 16th, Berkshire Hathaway Inc sold 7,685 shares of Liberty Media Corporation – Liberty Live Series A stock. The stock was sold at an average price of $83.72, for a total value of $643,388.20.
  • On Thursday, January 15th, Berkshire Hathaway Inc sold 18,125 shares of Liberty Media Corporation – Liberty Live Series A stock. The shares were sold at an average price of $84.04, for a total value of $1,523,225.00.
  • On Wednesday, January 14th, Berkshire Hathaway Inc sold 59,411 shares of Liberty Media Corporation – Liberty Live Series A stock. The stock was sold at an average price of $83.79, for a total value of $4,978,047.69.
  • On Monday, January 12th, Berkshire Hathaway Inc sold 66,568 shares of Liberty Media Corporation – Liberty Live Series A stock. The shares were sold at an average price of $83.27, for a total value of $5,543,117.36.
  • On Friday, January 9th, Berkshire Hathaway Inc sold 18,689 shares of Liberty Media Corporation – Liberty Live Series A stock. The stock was sold at an average price of $82.40, for a total transaction of $1,539,973.60.
  • On Thursday, January 8th, Berkshire Hathaway Inc sold 65,071 shares of Liberty Media Corporation – Liberty Live Series A stock. The stock was sold at an average price of $82.25, for a total transaction of $5,352,089.75.
  • On Wednesday, January 7th, Berkshire Hathaway Inc sold 44,100 shares of Liberty Media Corporation – Liberty Live Series A stock. The stock was sold at an average price of $81.22, for a total value of $3,581,802.00.
  • On Tuesday, January 6th, Berkshire Hathaway Inc sold 20,226 shares of Liberty Media Corporation – Liberty Live Series A stock. The shares were sold at an average price of $83.48, for a total value of $1,688,466.48.

Liberty Media Corporation – Liberty Live Series A Stock Performance

Liberty Media Corporation – Liberty Live Series A stock traded up $1.09 during mid-day trading on Tuesday, hitting $91.79. 116,660 shares of the company traded hands, compared to its average volume of 231,947. The stock has a fifty day moving average price of $82.43 and a 200-day moving average price of $85.76. The stock has a market cap of $8.44 billion, a price-to-earnings ratio of -23.78 and a beta of 1.37. Liberty Media Corporation – Liberty Live Series A has a one year low of $59.45 and a one year high of $99.63.

Hedge Funds Weigh In On Liberty Media Corporation – Liberty Live Series A

Several hedge funds and other institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC bought a new stake in shares of Liberty Media Corporation – Liberty Live Series A during the fourth quarter valued at approximately $35,661,000. Amundi bought a new stake in shares of Liberty Media Corporation – Liberty Live Series A during the 3rd quarter valued at $33,923,000. Principal Financial Group Inc. grew its position in shares of Liberty Media Corporation – Liberty Live Series A by 933.4% in the 3rd quarter. Principal Financial Group Inc. now owns 384,482 shares of the company’s stock worth $36,257,000 after buying an additional 347,275 shares during the period. Virtu Financial LLC increased its stake in shares of Liberty Media Corporation – Liberty Live Series A by 133.7% in the 3rd quarter. Virtu Financial LLC now owns 356,459 shares of the company’s stock worth $33,614,000 after acquiring an additional 203,902 shares in the last quarter. Finally, Dimensional Fund Advisors LP purchased a new position in Liberty Media Corporation – Liberty Live Series A during the 4th quarter valued at about $13,083,000. Hedge funds and other institutional investors own 25.07% of the company’s stock.

Trending Headlines about Liberty Media Corporation – Liberty Live Series A

Here are the key news stories impacting Liberty Media Corporation – Liberty Live Series A this week:

  • Positive Sentiment: No reported short interest — As of Feb. 16 the reported short interest for LLYVA was 0 shares with a days-to-cover of 0.0, which removes short-squeeze dynamics and short-pressure downside from the immediate picture.
  • Neutral Sentiment: Berkshire still a large holder — Despite the sales below, Berkshire Hathaway continues to own roughly 10.6 million shares (valued at ~ $880–$910M in filings), keeping it as a material long-term stakeholder in LLYVA.
  • Negative Sentiment: Insider sales by Berkshire Hathaway — Between Jan. 6 and Jan. 16 Berkshire disclosed multiple open-market sales totaling approximately 330,518 shares for aggregate proceeds near $27.4M. Each filing shows only a small percentage reduction in its stake (reported per-trade decreases of ~0.07%–0.62%), but the cluster of sales can be read negatively by some investors. SEC Ownership Filings

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research report on Thursday, January 22nd. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Liberty Media Corporation – Liberty Live Series A presently has an average rating of “Reduce”.

View Our Latest Analysis on LLYVA

About Liberty Media Corporation – Liberty Live Series A

(Get Free Report)

Liberty Media Corporation – Liberty Live Group Series A (NASDAQ:LLYVA) is a Class A tracking stock of Liberty Media Corporation that is focused on the company’s live sports and entertainment businesses. Headquartered in Englewood, Colorado, Liberty Media was founded in 1991 as a successor to Tele-Communications, Inc, and has since evolved into a diversified holding company. The Liberty Live Group tracking stock provides investors with direct exposure to a portfolio of live sports franchises and related enterprises within the broader Liberty Media framework.

The primary asset underlying the Liberty Live Group is a 100% ownership interest in the Atlanta Braves, one of Major League Baseball’s premier franchises based at Truist Park in Atlanta, Georgia.

See Also

Insider Buying and Selling by Quarter for Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA)

Receive News & Ratings for Liberty Media Corporation - Liberty Live Series A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Media Corporation - Liberty Live Series A and related companies with MarketBeat.com's FREE daily email newsletter.