Anfield Capital Management LLC Invests $2.32 Million in Liberty Media Corporation – Liberty Live Series A $LLYVA

Anfield Capital Management LLC acquired a new position in Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 24,611 shares of the company’s stock, valued at approximately $2,321,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LLYVA. Vanguard Group Inc. raised its stake in Liberty Media Corporation – Liberty Live Series A by 1.7% in the third quarter. Vanguard Group Inc. now owns 2,039,881 shares of the company’s stock valued at $192,361,000 after buying an additional 33,550 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Liberty Media Corporation – Liberty Live Series A by 1.6% during the second quarter. Bank of America Corp DE now owns 405,340 shares of the company’s stock valued at $32,216,000 after acquiring an additional 6,456 shares in the last quarter. JPMorgan Chase & Co. increased its holdings 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 valued at $30,735,000 after acquiring an additional 139,055 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Liberty Media Corporation – Liberty Live Series A by 933.4% in the 3rd quarter. Principal Financial Group Inc. now owns 384,482 shares of the company’s stock valued at $36,257,000 after purchasing an additional 347,275 shares during the last quarter. Finally, Highbridge Capital Management LLC boosted its stake in Liberty Media Corporation – Liberty Live Series A by 15.9% in the 3rd quarter. Highbridge Capital Management LLC now owns 208,179 shares of the company’s stock worth $19,631,000 after purchasing an additional 28,602 shares in the last quarter. 25.07% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Media Corporation – Liberty Live Series A Price Performance

LLYVA opened at $97.04 on Friday. The firm has a fifty day moving average price of $84.52 and a 200 day moving average price of $86.38. Liberty Media Corporation – Liberty Live Series A has a 1 year low of $59.45 and a 1 year high of $99.63. The stock has a market cap of $8.92 billion, a P/E ratio of -186.62 and a beta of 1.37.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research note on Thursday, January 22nd. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Liberty Media Corporation – Liberty Live Series A presently has an average rating of “Reduce”.

Insider Activity

In other news, Director Chase Carey sold 83,536 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $96.95, for a total transaction of $8,098,815.20. Following the sale, the director directly owned 94,356 shares in the company, valued at $9,147,814.20. This trade represents a 46.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Berkshire Hathaway Inc sold 7,685 shares of Liberty Media Corporation – Liberty Live Series A stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $83.72, for a total value of $643,388.20. Following the completion of the transaction, the insider owned 10,587,143 shares of the company’s stock, valued at approximately $886,355,611.96. This represents a 0.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 497,554 shares of company stock worth $43,484,018.

About Liberty Media Corporation – Liberty Live Series A

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.