Greenland Capital Management LP Increases Stake in Liberty Media Corporation – Liberty Live Series C $LLYVK

Greenland Capital Management LP raised its holdings in shares of Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) by 385.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 26,582 shares of the company’s stock after acquiring an additional 21,101 shares during the quarter. Greenland Capital Management LP’s holdings in Liberty Media Corporation – Liberty Live Series C were worth $2,578,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. TD Private Client Wealth LLC purchased a new position in shares of Liberty Media Corporation – Liberty Live Series C in the third quarter worth about $26,000. Mather Group LLC. bought a new position in Liberty Media Corporation – Liberty Live Series C in the 3rd quarter worth approximately $43,000. CWM LLC boosted its holdings in Liberty Media Corporation – Liberty Live Series C by 31.4% in the 2nd quarter. CWM LLC now owns 1,085 shares of the company’s stock worth $88,000 after buying an additional 259 shares during the period. Quent Capital LLC purchased a new position in Liberty Media Corporation – Liberty Live Series C in the 3rd quarter valued at approximately $104,000. Finally, Bessemer Group Inc. raised its holdings in Liberty Media Corporation – Liberty Live Series C by 579.3% during the 3rd quarter. Bessemer Group Inc. now owns 1,216 shares of the company’s stock valued at $118,000 after acquiring an additional 1,037 shares during the period. Institutional investors own 60.36% of the company’s stock.

Liberty Media Corporation – Liberty Live Series C Stock Performance

NASDAQ LLYVK opened at $95.99 on Tuesday. Liberty Media Corporation – Liberty Live Series C has a 52-week low of $60.55 and a 52-week high of $102.62. The company has a market capitalization of $8.82 billion, a P/E ratio of -24.87 and a beta of 1.40. The company has a fifty day moving average of $85.51 and a 200-day moving average of $88.58.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Liberty Media Corporation – Liberty Live Series C currently has an average rating of “Reduce”.

Insider Buying and Selling

In other Liberty Media Corporation – Liberty Live Series C news, major shareholder Berkshire Hathaway Inc sold 7,685 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $83.72, for a total value of $643,388.20. Following the completion of the sale, the insider owned 10,587,143 shares of the company’s stock, valued at $886,355,611.96. This represents a 0.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Chase Carey sold 83,536 shares of the stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $96.95, for a total transaction of $8,098,815.20. Following the transaction, the director owned 94,356 shares in the company, valued at $9,147,814.20. The trade was a 46.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 497,554 shares of company stock valued at $43,484,018 in the last 90 days.

About Liberty Media Corporation – Liberty Live Series C

Liberty Media Corporation – Liberty Live Series C (NASDAQ: LLYVK) is a tracking stock designed to reflect the performance of Liberty Media’s investment in Live Nation Entertainment. Established in August 2023, the Liberty Live tracking stock allows investors to gain targeted exposure to the live entertainment sector without direct ownership of Liberty Media’s other diversified assets. The Series C shares trade separately, offering a clear view of the value and results generated by Live Nation’s global operations.

The underlying asset for the Liberty Live Series C shares is Liberty Media’s equity stake in Live Nation, one of the world’s leading live entertainment companies.