Great West Life Assurance Co. Can reduced its position in Liberty Media Corporation (NASDAQ:LSXMK) by 11.4% during the second quarter, Holdings Channel reports. The institutional investor owned 100,487 shares of the technology company’s stock after selling 12,890 shares during the period. Great West Life Assurance Co. Can’s holdings in Liberty Media Corporation were worth $4,186,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Wells Fargo & Company MN boosted its position in shares of Liberty Media Corporation by 2.1% in the first quarter. Wells Fargo & Company MN now owns 912,847 shares of the technology company’s stock worth $35,399,000 after buying an additional 18,738 shares in the last quarter. Sumitomo Mitsui Asset Management Company LTD boosted its position in shares of Liberty Media Corporation by 15.7% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 16,257 shares of the technology company’s stock worth $630,000 after buying an additional 2,203 shares in the last quarter. Breton Hill Capital Ltd. purchased a new position in shares of Liberty Media Corporation during the first quarter worth about $209,000. Janney Montgomery Scott LLC boosted its position in shares of Liberty Media Corporation by 10.6% in the first quarter. Janney Montgomery Scott LLC now owns 75,391 shares of the technology company’s stock worth $2,924,000 after buying an additional 7,249 shares in the last quarter. Finally, River Road Asset Management LLC boosted its position in shares of Liberty Media Corporation by 22.9% in the first quarter. River Road Asset Management LLC now owns 279,979 shares of the technology company’s stock worth $10,858,000 after buying an additional 52,197 shares in the last quarter. Institutional investors own 78.04% of the company’s stock.

Liberty Media Corporation (NASDAQ LSXMK) opened at 43.33 on Wednesday. The company has a 50 day moving average price of $42.60 and a 200-day moving average price of $39.67. Liberty Media Corporation has a one year low of $31.34 and a one year high of $46.24. The company has a market capitalization of $14.55 billion, a PE ratio of 33.13 and a beta of 2.52.

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A number of equities analysts recently issued reports on the company. Zacks Investment Research upgraded Liberty Media Corporation from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 2nd. TheStreet upgraded Liberty Media Corporation from a “d” rating to a “c” rating in a report on Friday, July 7th.

In related news, major shareholder Berkshire Hathaway Inc bought 644,172 shares of the company’s stock in a transaction on Wednesday, May 31st. The shares were acquired at an average cost of $41.53 per share, with a total value of $26,752,463.16. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders acquired 1,991,335 shares of company stock worth $79,146,692 over the last three months.

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).

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Institutional Ownership by Quarter for Liberty Media Corporation (NASDAQ:LSXMK)

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