2,762 Shares in Liberty Media Corporation – Liberty Formula One Series A $FWONA Purchased by West Family Investments Inc.

West Family Investments Inc. acquired a new stake in Liberty Media Corporation – Liberty Formula One Series A (NASDAQ:FWONA) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,762 shares of the company’s stock, valued at approximately $262,000.

Other large investors also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Liberty Media Corporation – Liberty Formula One Series A in the 2nd quarter worth approximately $96,078,000. Highbridge Capital Management LLC lifted its stake in Liberty Media Corporation – Liberty Formula One Series A by 27.8% during the second quarter. Highbridge Capital Management LLC now owns 365,000 shares of the company’s stock worth $34,660,000 after purchasing an additional 79,413 shares during the last quarter. Credit Industriel ET Commercial acquired a new position in Liberty Media Corporation – Liberty Formula One Series A in the second quarter worth $3,256,000. Strs Ohio acquired a new position in Liberty Media Corporation – Liberty Formula One Series A in the first quarter worth $2,232,000. Finally, Creative Planning increased its stake in Liberty Media Corporation – Liberty Formula One Series A by 73.9% during the second quarter. Creative Planning now owns 32,408 shares of the company’s stock valued at $3,077,000 after purchasing an additional 13,768 shares during the last quarter. Institutional investors own 8.38% of the company’s stock.

Liberty Media Corporation – Liberty Formula One Series A Stock Performance

Shares of FWONA opened at $87.88 on Monday. The firm has a fifty day moving average of $91.54 and a 200-day moving average of $90.94. The company has a market cap of $21.97 billion, a price-to-earnings ratio of 112.67 and a beta of 0.54. Liberty Media Corporation – Liberty Formula One Series A has a 1 year low of $68.00 and a 1 year high of $99.52.

Analyst Upgrades and Downgrades

FWONA has been the subject of several research reports. Benchmark reaffirmed a “buy” rating on shares of Liberty Media Corporation – Liberty Formula One Series A in a report on Friday, November 21st. Zacks Research cut shares of Liberty Media Corporation – Liberty Formula One Series A from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Liberty Media Corporation – Liberty Formula One Series A in a research note on Tuesday, November 25th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $103.00.

Insider Buying and Selling at Liberty Media Corporation – Liberty Formula One Series A

In other news, Director Malcolm Ian Grant Gilchrist sold 898 shares of Liberty Media Corporation – Liberty Formula One Series A stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $100.20, for a total transaction of $89,979.60. Following the sale, the director owned 1,781 shares of the company’s stock, valued at approximately $178,456.20. The trade was a 33.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Renee L. Wilm sold 11,200 shares of the business’s stock in a transaction that occurred 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 owned 21,037 shares of the company’s stock, valued at approximately $1,933,089.93. This represents a 34.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 202,225 shares of company stock valued at $20,643,122 in the last ninety days. Company insiders own 2.97% of the company’s stock.

Liberty Media Corporation – Liberty Formula One Series A Company Profile

Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship.