Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) Major Shareholder Berkshire Hathaway Inc Sells 66,568 Shares

Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) major shareholder Berkshire Hathaway Inc sold 66,568 shares of the company’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $83.27, for a total value of $5,543,117.36. Following the transaction, the insider directly owned 10,703,007 shares of the company’s stock, valued at $891,239,392.89. This represents a 0.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Berkshire Hathaway Inc also recently made the following trade(s):

• On Friday, January 16th, Berkshire Hathaway Inc sold 7,685 shares of Liberty Media Corporation – Liberty Live Series C stock. The shares were sold at an average price of $83.72, for a total value of $643,388.20.
• On Thursday, January 15th, Berkshire Hathaway Inc sold 18,125 shares of Liberty Media Corporation – Liberty Live Series C stock. The stock was sold at an average price of $84.04, for a total value of $1,523,225.00.
• On Wednesday, January 14th, Berkshire Hathaway Inc sold 59,411 shares of Liberty Media Corporation – Liberty Live Series C stock. The stock was sold at an average price of $83.79, for a total transaction of $4,978,047.69.
• On Tuesday, January 13th, Berkshire Hathaway Inc sold 30,643 shares of Liberty Media Corporation – Liberty Live Series C stock. The stock was sold at an average price of $82.78, for a total transaction of $2,536,627.54.
• On Friday, January 9th, Berkshire Hathaway Inc sold 18,689 shares of Liberty Media Corporation – Liberty Live Series C stock. The shares were sold at an average price of $82.40, for a total value of $1,539,973.60.
• On Thursday, January 8th, Berkshire Hathaway Inc sold 65,071 shares of Liberty Media Corporation – Liberty Live Series C stock. The stock was sold at an average price of $82.25, for a total value of $5,352,089.75.
• On Wednesday, January 7th, Berkshire Hathaway Inc sold 44,100 shares of Liberty Media Corporation – Liberty Live Series C stock. The stock was sold at an average price of $81.22, for a total transaction of $3,581,802.00.
• On Tuesday, January 6th, Berkshire Hathaway Inc sold 20,226 shares of Liberty Media Corporation – Liberty Live Series C stock. The shares were sold at an average price of $83.48, for a total transaction of $1,688,466.48.

Liberty Media Corporation – Liberty Live Series C Trading Up 1.1%

Shares of Liberty Media Corporation – Liberty Live Series C stock traded up $1.00 during trading on Tuesday, hitting $94.21. 242,122 shares of the stock were exchanged, compared to its average volume of 402,981. The company has a fifty day moving average price of $84.38 and a 200-day moving average price of $88.20. The stock has a market capitalization of $8.66 billion, a price-to-earnings ratio of -24.41 and a beta of 1.40. Liberty Media Corporation – Liberty Live Series C has a 1-year low of $60.55 and a 1-year high of $102.62.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a report on Thursday, January 22nd. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Liberty Media Corporation – Liberty Live Series C currently has a consensus rating of “Reduce”.

Key Stories Impacting Liberty Media Corporation – Liberty Live Series C

Here are the key news stories impacting Liberty Media Corporation – Liberty Live Series C this week:

• Neutral Sentiment: Short-interest report shows effectively zero shares short as of Feb 16 (short-interest ratio 0.0 days). This looks like a data/reporting artifact rather than evidence of active short positioning; it implies limited short-driven pressure but treat the figure cautiously.
• Negative Sentiment: Major shareholder Berkshire Hathaway executed a sequence of open-market sales of LLYVK between Jan 6–16 totaling approximately 330,518 shares for roughly $27.4M in proceeds (individual transactions are disclosed in the SEC filing). While Berkshire still holds roughly 10.6M+ shares — a position valued near ~$0.9B — the consecutive sales represent ongoing modest trimming by a large holder. That selling can create short-term downward pressure or signal portfolio rebalancing/harvesting; investors should monitor whether sales continue or were a one-time program. SEC Filing

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

A number of hedge funds and other institutional investors have recently made changes to their positions in LLYVK. Adage Capital Partners GP L.L.C. increased its stake in shares of Liberty Media Corporation – Liberty Live Series C by 5.9% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 268,816 shares of the company’s stock valued at $22,355,000 after buying an additional 15,000 shares during the period. London Co. of Virginia increased its holdings in Liberty Media Corporation – Liberty Live Series C by 5.8% in the fourth quarter. London Co. of Virginia now owns 178,952 shares of the company’s stock worth $14,882,000 after purchasing an additional 9,843 shares in the last quarter. State of Wisconsin Investment Board lifted its stake in Liberty Media Corporation – Liberty Live Series C by 5.3% in the fourth quarter. State of Wisconsin Investment Board now owns 60,091 shares of the company’s stock valued at $4,997,000 after buying an additional 3,017 shares during the period. Atlas Capital Advisors Inc. bought a new position in shares of Liberty Media Corporation – Liberty Live Series C during the 4th quarter worth approximately $789,000. Finally, FORA Capital LLC acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series C during the 4th quarter worth approximately $322,000. 60.36% of the stock is currently owned by institutional investors and hedge funds.

Liberty Media Corporation – Liberty Live Series C Company Profile

Liberty Media Corporation – Liberty Live Series C (NASDAQ: LLYVK) is a tracking stock designed to reflect the performance of Liberty Media’s investment in Live Nation Entertainment. Established in August 2023, the Liberty Live tracking stock allows investors to gain targeted exposure to the live entertainment sector without direct ownership of Liberty Media’s other diversified assets. The Series C shares trade separately, offering a clear view of the value and results generated by Live Nation’s global operations.

The underlying asset for the Liberty Live Series C shares is Liberty Media’s equity stake in Live Nation, one of the world’s leading live entertainment companies.