Wealth Enhancement Advisory Services LLC Cuts Stock Position in Liberty Media Corporation – Liberty Formula One Series A $FWONA

Wealth Enhancement Advisory Services LLC decreased its position in shares of Liberty Media Corporation – Liberty Formula One Series A (NASDAQ:FWONA) by 49.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,494 shares of the company’s stock after selling 10,365 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Liberty Media Corporation – Liberty Formula One Series A were worth $1,028,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Norges Bank purchased a new position in shares of Liberty Media Corporation – Liberty Formula One Series A in the 2nd quarter valued at approximately $96,078,000. Sculptor Capital LP increased its stake in Liberty Media Corporation – Liberty Formula One Series A by 1.7% during the 2nd quarter. Sculptor Capital LP now owns 750,000 shares of the company’s stock valued at $71,220,000 after purchasing an additional 12,786 shares in the last quarter. Ruane Cunniff & Goldfarb L.P. increased its stake in Liberty Media Corporation – Liberty Formula One Series A by 1.0% during the 2nd quarter. Ruane Cunniff & Goldfarb L.P. now owns 748,343 shares of the company’s stock valued at $71,063,000 after purchasing an additional 7,113 shares in the last quarter. Highbridge Capital Management LLC raised its holdings in shares of Liberty Media Corporation – Liberty Formula One Series A by 27.8% in the second quarter. Highbridge Capital Management LLC now owns 365,000 shares of the company’s stock worth $34,660,000 after buying an additional 79,413 shares during the last quarter. Finally, Bamco Inc. NY lifted its stake in shares of Liberty Media Corporation – Liberty Formula One Series A by 10.1% during the second quarter. Bamco Inc. NY now owns 333,317 shares of the company’s stock worth $31,652,000 after buying an additional 30,637 shares during the period. 8.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on FWONA shares. Weiss Ratings reissued a “hold (c)” rating on shares of Liberty Media Corporation – Liberty Formula One Series A in a research report on Monday, December 29th. Zacks Research lowered Liberty Media Corporation – Liberty Formula One Series A from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. Sanford C. Bernstein upgraded Liberty Media Corporation – Liberty Formula One Series A from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Finally, Benchmark reiterated a “buy” rating on shares of Liberty Media Corporation – Liberty Formula One Series A in a research report on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Liberty Media Corporation – Liberty Formula One Series A has an average rating of “Moderate Buy” and a consensus price target of $103.00.

Liberty Media Corporation – Liberty Formula One Series A Price Performance

Shares of FWONA stock opened at $78.97 on Tuesday. The business’s fifty day moving average price is $85.22 and its 200 day moving average price is $89.13. The firm has a market capitalization of $19.75 billion, a PE ratio of 101.24 and a beta of 0.55. Liberty Media Corporation – Liberty Formula One Series A has a 1-year low of $68.00 and a 1-year high of $99.52.

Insider Activity at Liberty Media Corporation – Liberty Formula One Series A

In other Liberty Media Corporation – Liberty Formula One Series A news, Director Chase Carey sold 83,536 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $96.95, for a total value of $8,098,815.20. Following the sale, the director owned 94,356 shares of the company’s stock, valued at approximately $9,147,814.20. This represents a 46.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Renee L. Wilm sold 11,200 shares of Liberty Media Corporation – Liberty Formula One Series A stock in a transaction on Friday, November 7th. The stock was sold at an average price of $91.89, for a total value of $1,029,168.00. Following the transaction, the insider directly owned 21,037 shares of the company’s stock, valued at $1,933,089.93. This trade represents a 34.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 368,363 shares of company stock worth $36,650,423 in the last three months. Corporate insiders own 2.97% of the company’s stock.

Liberty Media Corporation – Liberty Formula One Series A Company Profile

Liberty Media Corporation – Liberty Formula One Series A (NASDAQ: FWONA) is a tracking stock that represents Liberty Media’s economic interest in its Liberty Formula One Group business. The tracking stock is designed to give investors direct exposure to the performance of Formula One-related activities within the broader Liberty Media structure while Liberty Media remains the corporate parent. FWONA is a class A equity security tied specifically to the Formula One operations rather than to Liberty Media’s other media and entertainment holdings.

The Liberty Formula One Group owns and manages the commercial rights to the FIA Formula One World Championship and derives revenue from global media and broadcasting rights, sponsorship and advertising, race promotion and hospitality, licensing and merchandising, and digital content and distribution.