Virtu Financial LLC Sells 83,030 Shares of Liberty Media Corporation – Liberty Live Series A $LLYVA

Virtu Financial LLC decreased its position in Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) by 23.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 273,429 shares of the company’s stock after selling 83,030 shares during the period. Liberty Media Corporation – Liberty Live Series A accounts for about 0.9% of Virtu Financial LLC’s portfolio, making the stock its 6th largest position. Virtu Financial LLC’s holdings in Liberty Media Corporation – Liberty Live Series A were worth $22,284,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Quarry LP purchased a new position in shares of Liberty Media Corporation – Liberty Live Series A in the fourth quarter valued at approximately $29,000. Camelot Portfolios LLC acquired a new stake in Liberty Media Corporation – Liberty Live Series A during the 4th quarter worth $42,000. Arax Advisory Partners acquired a new stake in Liberty Media Corporation – Liberty Live Series A during the 4th quarter worth $42,000. Tower Research Capital LLC TRC grew its holdings in shares of Liberty Media Corporation – Liberty Live Series A by 495.5% during the second quarter. Tower Research Capital LLC TRC now owns 1,459 shares of the company’s stock worth $116,000 after buying an additional 1,214 shares in the last quarter. Finally, US Bancorp DE grew its holdings in shares of Liberty Media Corporation – Liberty Live Series A by 51.8% during the third quarter. US Bancorp DE now owns 1,469 shares of the company’s stock worth $139,000 after buying an additional 501 shares in the last quarter. 25.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Zacks Research downgraded shares of Liberty Media Corporation – Liberty Live Series A from a “hold” rating to a “strong sell” rating in a research note on Monday, June 1st. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research report on Friday, May 29th. Two analysts have rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Liberty Media Corporation – Liberty Live Series A Price Performance

Shares of LLYVA stock opened at $94.94 on Friday. The company has a market capitalization of $8.73 billion, a PE ratio of -26.82 and a beta of 0.95. The firm’s 50-day moving average is $94.37 and its two-hundred day moving average is $89.20. Liberty Media Corporation – Liberty Live Series A has a 12 month low of $74.38 and a 12 month high of $99.82.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last posted its quarterly earnings results on Thursday, May 7th. The company reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). The firm had revenue of $63.62 million for the quarter, compared to analyst estimates of $70.40 million. Sell-side analysts forecast that Liberty Media Corporation – Liberty Live Series A will post -3.3 EPS for the current year.

Liberty Media Corporation – Liberty Live Series A 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.