Evergreen Capital Management LLC acquired a new position in shares of Liberty Media Corporation (NASDAQ:LSXMA) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 11,458 shares of the technology company’s stock, valued at approximately $480,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. D.A. Davidson & CO. increased its position in Liberty Media by 1.2% during the 2nd quarter. D.A. Davidson & CO. now owns 11,281 shares of the technology company’s stock valued at $473,000 after buying an additional 131 shares in the last quarter. Howard Hughes Medical Institute increased its position in Liberty Media by 1.0% during the 2nd quarter. Howard Hughes Medical Institute now owns 14,947 shares of the technology company’s stock valued at $627,000 after buying an additional 145 shares in the last quarter. Shell Asset Management Co. increased its position in Liberty Media by 6.3% during the 2nd quarter. Shell Asset Management Co. now owns 8,532 shares of the technology company’s stock valued at $358,000 after buying an additional 507 shares in the last quarter. State Board of Administration of Florida Retirement System increased its position in Liberty Media by 0.5% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 127,828 shares of the technology company’s stock valued at $5,366,000 after buying an additional 605 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its position in Liberty Media by 28.3% during the 2nd quarter. Daiwa Securities Group Inc. now owns 2,950 shares of the technology company’s stock valued at $124,000 after buying an additional 650 shares in the last quarter. Hedge funds and other institutional investors own 25.12% of the company’s stock.

Liberty Media Corporation (NASDAQ LSXMA) opened at $40.50 on Wednesday. The firm has a market capitalization of $13,692.41, a PE ratio of 25.15, a PEG ratio of 0.97 and a beta of 2.46. Liberty Media Corporation has a 1-year low of $33.79 and a 1-year high of $46.43.

Several research analysts recently issued reports on the company. B. Riley reaffirmed a “buy” rating on shares of Liberty Media in a research report on Wednesday, November 1st. Pivotal Research upped their target price on Liberty Media from $54.00 to $58.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. Bank of America upped their target price on Liberty Media from $46.00 to $54.00 and gave the company a “buy” rating in a research report on Thursday, October 12th. Finally, Citigroup upped their target price on Liberty Media from $40.00 to $47.00 and gave the company a “neutral” rating in a research report on Monday, August 7th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $50.80.

In other news, CFO Mark D. Carleton sold 19,843 shares of the stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $40.91, for a total value of $811,777.13. Following the transaction, the chief financial officer now directly owns 10,000 shares of the company’s stock, valued at $409,100. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman John C. Malone sold 204,000 shares of the stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $38.22, for a total value of $7,796,880.00. Following the completion of the transaction, the chairman now directly owns 2,771,574 shares in the company, valued at $105,929,558.28. The disclosure for this sale can be found here. Insiders sold 414,669 shares of company stock worth $15,918,633 over the last three months.

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Liberty Media Company Profile

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).

Institutional Ownership by Quarter for Liberty Media (NASDAQ:LSXMA)

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