Bank of New York Mellon Corp Reduces Stock Holdings in Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK)

Bank of New York Mellon Corp lowered its position in Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) by 38.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 137,986 shares of the company’s stock after selling 86,620 shares during the quarter. Bank of New York Mellon Corp owned about 0.15% of Liberty Media Corporation – Liberty Live Series C worth $9,402,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. T. Rowe Price Investment Management Inc. increased its stake in Liberty Media Corporation – Liberty Live Series C by 25.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,968,861 shares of the company’s stock worth $474,301,000 after purchasing an additional 1,427,968 shares during the period. Vanguard Group Inc. grew its position in shares of Liberty Media Corporation – Liberty Live Series C by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 4,759,475 shares of the company’s stock worth $323,930,000 after buying an additional 56,026 shares in the last quarter. ValueAct Holdings L.P. grew its position in shares of Liberty Media Corporation – Liberty Live Series C by 136.9% during the fourth quarter. ValueAct Holdings L.P. now owns 3,168,788 shares of the company’s stock worth $215,668,000 after buying an additional 1,831,288 shares in the last quarter. D. E. Shaw & Co. Inc. lifted its stake in Liberty Media Corporation – Liberty Live Series C by 2.7% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,567,869 shares of the company’s stock worth $106,709,000 after purchasing an additional 41,717 shares during the last quarter. Finally, JNE Partners LLP boosted its holdings in Liberty Media Corporation – Liberty Live Series C by 28.5% in the fourth quarter. JNE Partners LLP now owns 1,300,890 shares of the company’s stock valued at $88,539,000 after purchasing an additional 288,390 shares in the last quarter. Hedge funds and other institutional investors own 60.36% of the company’s stock.

Liberty Media Corporation – Liberty Live Series C Trading Down 0.8%

Shares of NASDAQ LLYVK opened at $81.31 on Tuesday. Liberty Media Corporation – Liberty Live Series C has a twelve month low of $35.26 and a twelve month high of $82.92. The stock has a 50 day moving average of $77.91 and a two-hundred day moving average of $73.32. The stock has a market cap of $7.47 billion, a P/E ratio of 301.15 and a beta of 1.41.

Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) last released its earnings results on Wednesday, May 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.22).

Insider Transactions at Liberty Media Corporation – Liberty Live Series C

In related news, Director Chase Carey sold 50,000 shares of Liberty Media Corporation – Liberty Live Series C stock in a transaction on Monday, May 12th. The stock was sold at an average price of $94.60, for a total transaction of $4,730,000.00. Following the completion of the transaction, the director directly owned 93,102 shares of the company’s stock, valued at approximately $8,807,449.20. The trade was a 34.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Liberty Media Corporation – Liberty Live Series C 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.