Chase Carey Sells 83,500 Shares of Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Stock

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Director Chase Carey sold 83,500 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $95.79, for a total transaction of $7,998,465.00. Following the transaction, the director owned 94,356 shares in the company, valued at $9,038,361.24. The trade was a 46.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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 stock was sold at an average price of $96.95, for a total transaction of $8,098,815.20.

Liberty Media Corporation – Liberty Live Series A Price Performance

Shares of NASDAQ:LLYVA opened at $82.15 on Friday. The firm has a market capitalization of $7.55 billion, a PE ratio of -21.28 and a beta of 1.39. The business has a 50 day simple moving average of $82.62 and a two-hundred day simple moving average of $84.47. Liberty Media Corporation – Liberty Live Series A has a 1 year low of $59.45 and a 1 year high of $99.63.

Institutional Investors Weigh In On Liberty Media Corporation – Liberty Live Series A

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Verition Fund Management LLC purchased a new stake in shares of Liberty Media Corporation – Liberty Live Series A in the 3rd quarter worth $1,797,000. Susquehanna International Group LLP lifted 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 worth $8,615,000 after acquiring an additional 79,549 shares during the period. Mercer Global Advisors Inc. ADV bought a new position in Liberty Media Corporation – Liberty Live Series A during the 3rd quarter worth about $239,000. Integrated Wealth Concepts LLC grew its holdings in Liberty Media Corporation – Liberty Live Series A by 14.2% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 9,590 shares of the company’s stock worth $904,000 after acquiring an additional 1,190 shares in the last quarter. Finally, JNE Partners LLP increased its position in Liberty Media Corporation – Liberty Live Series A by 53.3% during the 3rd quarter. JNE Partners LLP now owns 368,121 shares of the company’s stock valued at $34,714,000 after purchasing an additional 128,000 shares during the period. 25.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Liberty Media Corporation – Liberty Live Series A Company Profile

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.