The Liberty Braves Group (NASDAQ:BATRK) CEO Sells $457,719.68 in Stock

The Liberty Braves Group (NASDAQ:BATRK – Get Rating) CEO Gregory B. Maffei sold 6,584 shares of the firm’s stock in a transaction dated Tuesday, March 14th. The stock was sold at an average price of $69.52, for a total value of $457,719.68. Following the completion of the sale, the chief executive officer now directly owns 945,653 shares of the company’s stock, valued at approximately $65,741,796.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

The Liberty Braves Group Stock Down 1.5 %

The Liberty Braves Group stock opened at $32.05 on Friday. The Liberty Braves Group has a 52 week low of $23.34 and a 52 week high of $35.41. The stock has a 50-day moving average price of $33.91 and a 200 day moving average price of $31.67.

The Liberty Braves Group (NASDAQ:BATRK – Get Rating) last released its earnings results on Wednesday, March 1st. The financial services provider reported ($1.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.85) by ($0.20). The company had revenue of $53.00 million during the quarter, compared to analysts’ expectations of $23.14 million.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on The Liberty Braves Group in a report on Thursday. They issued a “hold” rating for the company.

Institutional Investors Weigh In On The Liberty Braves Group

Institutional investors and hedge funds have recently modified their holdings of the company. Quantbot Technologies LP lifted its holdings in shares of The Liberty Braves Group by 350.0% during the first quarter. Quantbot Technologies LP now owns 900 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 700 shares during the period. JTC Employer Solutions Trustee Ltd purchased a new position in The Liberty Braves Group during the fourth quarter valued at approximately $43,000. O Shaughnessy Asset Management LLC purchased a new position in The Liberty Braves Group during the second quarter valued at approximately $58,000. Tower Research Capital LLC TRC raised its position in The Liberty Braves Group by 31.0% during the third quarter. Tower Research Capital LLC TRC now owns 2,820 shares of the financial services provider’s stock valued at $77,000 after acquiring an additional 667 shares in the last quarter. Finally, Lazard Asset Management LLC raised its position in The Liberty Braves Group by 15.0% during the first quarter. Lazard Asset Management LLC now owns 3,877 shares of the financial services provider’s stock valued at $108,000 after acquiring an additional 505 shares in the last quarter. Institutional investors and hedge funds own 74.10% of the company’s stock.

About The Liberty Braves Group

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Liberty Media Corp. engages in the operation of media, communications, and entertainment businesses. It operates through the following segments: Sirius XM Holdings, Formula 1. The Sirius XM Holdings segment refers to the complementary audio entertainment businesses, Sirius XM and Pandora. Sirius XM features music, sports, entertainment, comedy, talk, news, traffic, weather channels, and infotainment services.