Liberty Media Corporation – Liberty Live Series A $LLYVA Shares Sold by Cooper Investors PTY Ltd.

Cooper Investors PTY Ltd. decreased its position in shares of Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) by 36.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 45,586 shares of the company’s stock after selling 25,888 shares during the period. Liberty Media Corporation – Liberty Live Series A accounts for about 2.3% of Cooper Investors PTY Ltd.’s holdings, making the stock its 12th largest position. Cooper Investors PTY Ltd.’s holdings in Liberty Media Corporation – Liberty Live Series A were worth $4,314,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its position in Liberty Media Corporation – Liberty Live Series A by 371.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 490 shares of the company’s stock valued at $46,000 after buying an additional 386 shares during the period. Fifth Third Bancorp increased its position in shares of Liberty Media Corporation – Liberty Live Series A by 23,650.0% during the first quarter. Fifth Third Bancorp now owns 475 shares of the company’s stock worth $44,000 after acquiring an additional 473 shares during the period. HB Wealth Management LLC raised its stake in shares of Liberty Media Corporation – Liberty Live Series A by 22.1% in the first quarter. HB Wealth Management LLC now owns 3,946 shares of the company’s stock valued at $362,000 after acquiring an additional 715 shares in the last quarter. Sei Investments Co. raised its stake in shares of Liberty Media Corporation – Liberty Live Series A by 34.1% in the first quarter. Sei Investments Co. now owns 4,585 shares of the company’s stock valued at $420,000 after acquiring an additional 1,166 shares in the last quarter. Finally, S&CO Inc. raised its stake in shares of Liberty Media Corporation – Liberty Live Series A by 3.9% in the first quarter. S&CO Inc. now owns 49,387 shares of the company’s stock valued at $4,525,000 after acquiring an additional 1,840 shares in the last quarter. 25.07% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Media Corporation – Liberty Live Series A Stock Up 1.4%

Liberty Media Corporation – Liberty Live Series A stock traded up $1.33 during trading on Tuesday, reaching $95.50. The stock had a trading volume of 175,771 shares, compared to its average volume of 203,768. Liberty Media Corporation – Liberty Live Series A has a 52-week low of $74.38 and a 52-week high of $106.06. The business has a 50 day moving average price of $97.70 and a 200 day moving average price of $96.51. The stock has a market cap of $8.79 billion, a PE ratio of -21.08 and a beta of 0.98.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last posted its quarterly earnings results on Thursday, August 6th. The company reported ($2.92) EPS for the quarter, missing the consensus estimate of $0.42 by ($3.34). The business had revenue of $147.06 million for the quarter, compared to the consensus estimate of $93.63 million. On average, equities analysts predict that Liberty Media Corporation – Liberty Live Series A will post -7.69 EPS for the current fiscal year.

Insider Buying and Selling

In related news, major shareholder John Malone sold 29,593 shares of the stock in a transaction on Thursday, September 24th. The stock was sold at an average price of $98.16, for a total value of $2,904,848.88. Following the transaction, the insider owned 3,186,342 shares of the company’s stock, valued at $312,771,330.72. This represents a 0.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.01% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on LLYVA. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a report on Wednesday, August 26th. Zacks Research upgraded Liberty Media Corporation – Liberty Live Series A from a “strong sell” rating to a “hold” rating in a report on Friday. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce”.

About Liberty Media Corporation – Liberty Live Series A

Liberty Media Corporation – Liberty Live Series A (NASDAQ: LLYVA) is a tracking stock representing an economic interest in Liberty Media’s Liberty Live Group. The group’s principal asset is its investment in Live Nation Entertainment, a global live-entertainment company. Because LLYVA is a tracking stock rather than an operating company with standalone products, its performance is largely associated with the assets, operations and results attributed to the Liberty Live Group.

Live Nation’s businesses include concert promotion, music festivals, venue ownership and operation, ticketing through Ticketmaster, and sponsorship and advertising services.