Aperio Group LLC Boosts Position in Liberty Media Corporation (LSXMA)
Aperio Group LLC increased its position in shares of Liberty Media Corporation (NASDAQ:LSXMA) by 11.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,860 shares of the technology company’s stock after acquiring an additional 8,709 shares during the period. Aperio Group LLC owned about 0.08% of Liberty Media Corporation worth $3,472,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of LSXMA. Daiwa Securities Group Inc. raised its position in Liberty Media Corporation by 28.3% in the 2nd quarter. Daiwa Securities Group Inc. now owns 2,950 shares of the technology company’s stock valued at $124,000 after purchasing an additional 650 shares in the last quarter. Oppenheimer Asset Management Inc. acquired a new stake in Liberty Media Corporation in the 1st quarter valued at about $127,000. US Bancorp DE raised its position in Liberty Media Corporation by 25.5% in the 2nd quarter. US Bancorp DE now owns 3,539 shares of the technology company’s stock valued at $149,000 after purchasing an additional 718 shares in the last quarter. C M Bidwell & Associates Ltd. acquired a new stake in Liberty Media Corporation in the 2nd quarter valued at about $195,000. Finally, BB&T Securities LLC acquired a new stake in Liberty Media Corporation in the 2nd quarter valued at about $207,000. 24.62% of the stock is currently owned by hedge funds and other institutional investors.
Liberty Media Corporation (NASDAQ:LSXMA) opened at $41.02 on Friday. Liberty Media Corporation has a 1-year low of $33.79 and a 1-year high of $46.43. The company has a market capitalization of $13,601.68, a PE ratio of 29.76, a PEG ratio of 1.07 and a beta of 2.46.
COPYRIGHT VIOLATION NOTICE: “Aperio Group LLC Boosts Position in Liberty Media Corporation (LSXMA)” was first posted by Watch List News and is the property of of Watch List News. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece of content can be accessed at https://www.watchlistnews.com/aperio-group-llc-boosts-position-in-liberty-media-corporation-lsxma/1695334.html.
In other news, Director Malcolm Ian Grant Gilchrist sold 1,826 shares of the stock in a transaction dated Monday, September 25th. The stock was sold at an average price of $36.52, for a total value of $66,685.52. Following the transaction, the director now owns 823 shares in the company, valued at approximately $30,055.96. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman John C. Malone sold 18,000 shares of the stock in a transaction dated Monday, October 16th. The shares were sold at an average price of $43.28, for a total value of $779,040.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,017,487 shares of company stock worth $41,728,544.
LSXMA has been the topic of a number of analyst reports. Citigroup Inc. increased their price target on Liberty Media Corporation from $40.00 to $47.00 and gave the company a “neutral” rating in a research report on Monday, August 7th. Pivotal Research increased their price target on Liberty Media Corporation from $51.00 to $54.00 and gave the company a “buy” rating in a research report on Tuesday, August 15th. Bank of America Corporation increased their price target on Liberty Media Corporation from $46.00 to $54.00 and gave the company a “buy” rating in a research report on Thursday, October 12th. Finally, B. Riley reaffirmed a “buy” rating on shares of Liberty Media Corporation in a research report on Wednesday, November 1st. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $49.17.
About Liberty Media Corporation
Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).
Want to see what other hedge funds are holding LSXMA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Media Corporation (NASDAQ:LSXMA).
Receive News & Ratings for Liberty Media Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Media Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.