Liberty Media Corporation – Liberty Live Series C $LLYVK Shares Sold by Lighthouse Investment Partners LLC

Lighthouse Investment Partners LLC lowered its holdings in Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) by 8.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 157,819 shares of the company’s stock after selling 13,723 shares during the quarter. Lighthouse Investment Partners LLC owned about 0.17% of Liberty Media Corporation – Liberty Live Series C worth $15,304,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Arizona State Retirement System boosted its holdings in Liberty Media Corporation – Liberty Live Series C by 1.5% in the third quarter. Arizona State Retirement System now owns 13,198 shares of the company’s stock valued at $1,280,000 after purchasing an additional 198 shares in the last quarter. State Board of Administration of Florida Retirement System raised its holdings in Liberty Media Corporation – Liberty Live Series C by 0.4% during the second quarter. State Board of Administration of Florida Retirement System now owns 52,532 shares of the company’s stock worth $4,263,000 after purchasing an additional 220 shares in the last quarter. TD Private Client Wealth LLC acquired a new stake in Liberty Media Corporation – Liberty Live Series C during the third quarter worth approximately $26,000. Kelleher Financial Advisors purchased a new stake in shares of Liberty Media Corporation – Liberty Live Series C during the 3rd quarter worth approximately $26,000. Finally, Nilsine Partners LLC lifted its position in shares of Liberty Media Corporation – Liberty Live Series C by 3.7% during the 3rd quarter. Nilsine Partners LLC now owns 8,185 shares of the company’s stock worth $794,000 after buying an additional 290 shares during the last quarter. Institutional investors and hedge funds own 60.36% of the company’s stock.

Liberty Media Corporation – Liberty Live Series C Stock Down 2.8%

NASDAQ:LLYVK opened at $92.04 on Monday. The company has a market capitalization of $8.46 billion, a PE ratio of -177.00 and a beta of 1.25. Liberty Media Corporation – Liberty Live Series C has a 52-week low of $60.55 and a 52-week high of $102.62. The stock’s 50 day moving average price is $89.25 and its 200 day moving average price is $89.03.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Zacks Research downgraded shares of Liberty Media Corporation – Liberty Live Series C from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 4th. Weiss Ratings reissued a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research report on Thursday, January 22nd. Finally, Wall Street Zen upgraded shares of Liberty Media Corporation – Liberty Live Series C to a “sell” rating in a research note on Saturday, February 28th. Two research analysts have rated the stock with a Sell rating, According to MarketBeat.com, Liberty Media Corporation – Liberty Live Series C currently has an average rating of “Sell”.

Insider Activity at Liberty Media Corporation – Liberty Live Series C

In other news, Director Chase Carey sold 83,536 shares of Liberty Media Corporation – Liberty Live Series C stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $96.95, for a total value of $8,098,815.20. Following the transaction, the director directly owned 94,356 shares of the company’s stock, valued at $9,147,814.20. The trade was a 46.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Berkshire Hathaway Inc sold 7,685 shares of the company’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $83.72, for a total transaction of $643,388.20. Following the completion of the sale, the insider owned 10,587,143 shares of the company’s stock, valued at approximately $886,355,611.96. This trade represents a 0.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 497,554 shares of company stock valued at $43,484,018 over the last three months.

About Liberty Media Corporation – Liberty Live Series C

Liberty Media Corporation – Liberty Live Series C (NASDAQ: LLYVK) is a tracking stock designed to reflect the performance of Liberty Media’s investment in Live Nation Entertainment. Established in August 2023, the Liberty Live tracking stock allows investors to gain targeted exposure to the live entertainment sector without direct ownership of Liberty Media’s other diversified assets. The Series C shares trade separately, offering a clear view of the value and results generated by Live Nation’s global operations.

The underlying asset for the Liberty Live Series C shares is Liberty Media’s equity stake in Live Nation, one of the world’s leading live entertainment companies.