Oak Thistle LLC Makes New $2.41 Million Investment in Liberty Media Corporation – Liberty Live Series C $LLYVK

Oak Thistle LLC acquired a new position in Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 28,978 shares of the company’s stock, valued at approximately $2,410,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Arizona State Retirement System boosted its position 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 worth $1,280,000 after purchasing an additional 198 shares during the last quarter. TD Private Client Wealth LLC purchased a new position in Liberty Media Corporation – Liberty Live Series C in the third quarter worth $26,000. Kelleher Financial Advisors purchased a new position in Liberty Media Corporation – Liberty Live Series C in the third quarter worth $26,000. Nilsine Partners LLC boosted its position in Liberty Media Corporation – Liberty Live Series C by 3.7% in the third quarter. Nilsine Partners LLC now owns 8,185 shares of the company’s stock worth $794,000 after purchasing an additional 290 shares during the last quarter. Finally, Comerica Bank lifted its position in shares of Liberty Media Corporation – Liberty Live Series C by 26.6% during the 3rd quarter. Comerica Bank now owns 2,088 shares of the company’s stock valued at $202,000 after buying an additional 439 shares during the last quarter. Hedge funds and other institutional investors own 60.36% of the company’s stock.

Liberty Media Corporation – Liberty Live Series C Stock Down 0.8%

Shares of NASDAQ LLYVK opened at $97.94 on Wednesday. The firm has a market capitalization of $9.00 billion, a P/E ratio of -188.35 and a beta of 1.28. The stock’s 50-day simple moving average is $92.89 and its two-hundred day simple moving average is $88.51. Liberty Media Corporation – Liberty Live Series C has a twelve month low of $61.17 and a twelve month high of $102.62.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In other Liberty Media Corporation – Liberty Live Series C news, major shareholder Berkshire Hathaway Inc sold 66,568 shares of the company’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $83.27, for a total value of $5,543,117.36. Following the transaction, the insider directly owned 10,703,007 shares in the company, valued at $891,239,392.89. This represents a 0.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders sold 266,192 shares of company stock valued at $22,116,469.

Liberty Media Corporation – Liberty Live Series C Company Profile

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.