SG Americas Securities LLC bought a new stake in Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 437,553 shares of the company’s stock, valued at approximately $35,661,000. SG Americas Securities LLC owned about 0.48% of Liberty Media Corporation – Liberty Live Series A as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of LLYVA. Federated Hermes Inc. acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series A in the 3rd quarter valued at approximately $64,000. Quent Capital LLC acquired a new position in Liberty Media Corporation – Liberty Live Series A during the 3rd quarter worth approximately $80,000. Tower Research Capital LLC TRC increased its position in Liberty Media Corporation – Liberty Live Series A by 495.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,459 shares of the company’s stock worth $116,000 after purchasing an additional 1,214 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Liberty Media Corporation – Liberty Live Series A by 14.8% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,688 shares of the company’s stock valued at $134,000 after purchasing an additional 218 shares during the last quarter. Finally, US Bancorp DE lifted its stake in Liberty Media Corporation – Liberty Live Series A by 51.8% in the 3rd quarter. US Bancorp DE now owns 1,469 shares of the company’s stock valued at $139,000 after purchasing an additional 501 shares during the last quarter. Institutional investors and hedge funds own 25.07% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on LLYVA shares. Zacks Research lowered shares of Liberty Media Corporation – Liberty Live Series A from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 4th. Weiss Ratings reiterated a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a report on Thursday, January 22nd. Two investment analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.
Insider Transactions at Liberty Media Corporation – Liberty Live Series A
In related news, major shareholder Berkshire Hathaway Inc sold 66,568 shares of Liberty Media Corporation – Liberty Live Series A stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $83.27, for a total transaction of $5,543,117.36. Following the sale, the insider directly owned 10,703,007 shares in the company, valued at $891,239,392.89. This trade represents a 0.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders have sold 330,518 shares of company stock valued at $27,386,738.
Liberty Media Corporation – Liberty Live Series A Trading Up 1.4%
Shares of LLYVA stock opened at $92.34 on Thursday. The firm has a market capitalization of $8.49 billion, a price-to-earnings ratio of -177.58 and a beta of 1.23. The business’s 50-day moving average price is $88.80 and its 200-day moving average price is $86.49. Liberty Media Corporation – Liberty Live Series A has a 12 month low of $59.70 and a 12 month high of $99.63.
About Liberty Media Corporation – Liberty Live Series A
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.
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