Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) saw strong trading volume on Monday . 241,292 shares changed hands during mid-day trading, an increase of 13% from the previous session’s volume of 214,022 shares.The stock last traded at $85.1950 and had previously closed at $80.12.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research report on Thursday. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Liberty Media Corporation – Liberty Live Series A currently has an average rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series A Stock Up 0.0%

The company’s fifty day moving average price is $80.32 and its 200 day moving average price is $85.45. The company has a market capitalization of $7.72 billion, a P/E ratio of -21.76 and a beta of 1.37.

Insider Buying and Selling

In other Liberty Media Corporation – Liberty Live Series A news, Director Chase Carey sold 83,536 shares of the firm’s stock in a transaction dated 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. This trade represents a 46.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Institutional Trading of Liberty Media Corporation – Liberty Live Series A

Large investors have recently made changes to their positions in the company. Oak Thistle LLC bought a new position in Liberty Media Corporation – Liberty Live Series A in the fourth quarter valued at approximately $594,000. SG Americas Securities LLC acquired a new position in shares of Liberty Media Corporation – Liberty Live Series A during the 4th quarter worth $35,661,000. Verition Fund Management LLC bought a new stake in shares of Liberty Media Corporation – Liberty Live Series A during the 3rd quarter worth $1,797,000. Susquehanna International Group LLP boosted its stake in Liberty Media Corporation – Liberty Live Series A by 673.7% in the third quarter. Susquehanna International Group LLP now owns 91,357 shares of the company’s stock valued at $8,615,000 after buying an additional 79,549 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV bought a new position in Liberty Media Corporation – Liberty Live Series A in the third quarter valued at about $239,000. Institutional investors and hedge funds own 25.07% of the company’s stock.

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.