Insider Selling: Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Director Sells 83,500 Shares of Stock

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Director Chase Carey sold 83,500 shares of the business’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $95.79, for a total transaction of $7,998,465.00. Following the completion of the sale, the director directly owned 94,356 shares in the company, valued at approximately $9,038,361.24. This represents a 46.95% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Chase Carey also recently made the following trade(s):

• On Wednesday, December 17th, Chase Carey sold 83,536 shares of Liberty Media Corporation – Liberty Live Series A stock. The shares were sold at an average price of $96.95, for a total transaction of $8,098,815.20.

Liberty Media Corporation – Liberty Live Series A Trading Up 0.3%

Shares of LLYVA stock traded up $0.22 during trading hours on Thursday, hitting $82.14. 385,323 shares of the company were exchanged, compared to its average volume of 143,345. The firm has a fifty day simple moving average of $82.77 and a 200 day simple moving average of $84.42. The stock has a market capitalization of $7.55 billion, a price-to-earnings ratio of -21.28 and a beta of 1.39. Liberty Media Corporation – Liberty Live Series A has a 52-week low of $59.45 and a 52-week high of $99.63.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on LLYVA shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research report on Wednesday, October 8th. Zacks Research upgraded Liberty Media Corporation – Liberty Live Series A to a “hold” rating in a research report on Tuesday, September 9th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Reduce”.

Hedge Funds Weigh In On Liberty Media Corporation – Liberty Live Series A

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Liberty Media Corporation – Liberty Live Series A by 1.7% during the third quarter. Vanguard Group Inc. now owns 2,039,881 shares of the company’s stock worth $192,361,000 after buying an additional 33,550 shares during the period. Pentwater Capital Management LP grew its stake in Liberty Media Corporation – Liberty Live Series A by 0.6% in the 1st quarter. Pentwater Capital Management LP now owns 615,000 shares of the company’s stock worth $41,353,000 after acquiring an additional 3,500 shares during the period. Bank of America Corp DE raised its position in shares of Liberty Media Corporation – Liberty Live Series A by 21.7% in the 3rd quarter. Bank of America Corp DE now owns 493,211 shares of the company’s stock worth $46,510,000 after buying an additional 87,871 shares during the period. Amundi acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series A in the third quarter worth $33,923,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Liberty Media Corporation – Liberty Live Series A by 56.1% during the second quarter. JPMorgan Chase & Co. now owns 386,705 shares of the company’s stock worth $30,735,000 after purchasing an additional 139,055 shares in the last quarter. Hedge funds and other institutional investors own 25.07% of the company’s stock.

Liberty Media Corporation – Liberty Live Series A Company Profile

Liberty Live Group operates in the media, communications, and entertainment industries primarily in North America and the United Kingdom. The company is headquartered in Englewood, Colorado.