Landscape Capital Management L.L.C. Trims Stock Position in Liberty Media Corporation – Liberty Formula One Series A $FWONA

Landscape Capital Management L.L.C. cut its position in shares of Liberty Media Corporation – Liberty Formula One Series A (NASDAQ:FWONA) by 35.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,319 shares of the company’s stock after selling 26,756 shares during the period. Landscape Capital Management L.L.C.’s holdings in Liberty Media Corporation – Liberty Formula One Series A were worth $4,319,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of FWONA. Norges Bank purchased a new position in Liberty Media Corporation – Liberty Formula One Series A during the fourth quarter worth about $90,433,000. Principal Financial Group Inc. raised its stake in shares of Liberty Media Corporation – Liberty Formula One Series A by 34.1% in the 4th quarter. Principal Financial Group Inc. now owns 1,327,209 shares of the company’s stock valued at $118,630,000 after acquiring an additional 337,607 shares during the period. Hawk Ridge Capital Management LP purchased a new stake in shares of Liberty Media Corporation – Liberty Formula One Series A in the 3rd quarter valued at approximately $14,953,000. Deltroit Asset Management UK LLP purchased a new stake in shares of Liberty Media Corporation – Liberty Formula One Series A in the 4th quarter valued at approximately $4,609,000. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of Liberty Media Corporation – Liberty Formula One Series A in the 2nd quarter valued at approximately $3,530,000. 8.38% of the stock is owned by hedge funds and other institutional investors.

Liberty Media Corporation – Liberty Formula One Series A Stock Performance

Shares of FWONA stock opened at $81.99 on Friday. The stock has a market capitalization of $20.54 billion, a P/E ratio of 37.61 and a beta of 0.52. The company has a 50 day moving average price of $82.02 and a 200 day moving average price of $82.12. Liberty Media Corporation – Liberty Formula One Series A has a fifty-two week low of $73.70 and a fifty-two week high of $99.52.

Analysts Set New Price Targets

FWONA has been the topic of a number of research analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Liberty Media Corporation – Liberty Formula One Series A in a research note on Friday, March 27th. Citizens Jmp initiated coverage on shares of Liberty Media Corporation – Liberty Formula One Series A in a research note on Monday, March 30th. They issued a “market outperform” rating and a $100.00 price target on the stock. Citigroup boosted their price target on shares of Liberty Media Corporation – Liberty Formula One Series A from $95.00 to $100.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Finally, Zacks Research raised shares of Liberty Media Corporation – Liberty Formula One Series A from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Liberty Media Corporation – Liberty Formula One Series A presently has a consensus rating of “Buy” and a consensus price target of $103.33.

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

In related news, Director Chase Carey sold 100,000 shares of Liberty Media Corporation – Liberty Formula One Series A stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $90.28, for a total value of $9,028,000.00. Following the completion of the transaction, the director owned 94,356 shares in the company, valued at approximately $8,518,459.68. The trade was a 51.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.63% of the company’s stock.

Liberty Media Corporation – Liberty Formula One Series A Profile

Liberty Media Corporation – Liberty Formula One Series A (NASDAQ: FWONA) is a tracking stock that represents Liberty Media’s economic interest in its Liberty Formula One Group business. The tracking stock is designed to give investors direct exposure to the performance of Formula One-related activities within the broader Liberty Media structure while Liberty Media remains the corporate parent. FWONA is a class A equity security tied specifically to the Formula One operations rather than to Liberty Media’s other media and entertainment holdings.

The Liberty Formula One Group owns and manages the commercial rights to the FIA Formula One World Championship and derives revenue from global media and broadcasting rights, sponsorship and advertising, race promotion and hospitality, licensing and merchandising, and digital content and distribution.