Janus Henderson Group PLC Grows Stock Holdings in Liberty Media Corporation – Liberty Formula One Series A $FWONA

Janus Henderson Group PLC boosted its stake in shares of Liberty Media Corporation – Liberty Formula One Series A (NASDAQ:FWONA) by 1.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,006,144 shares of the company’s stock after purchasing an additional 10,603 shares during the period. Janus Henderson Group PLC’s holdings in Liberty Media Corporation – Liberty Formula One Series A were worth $78,560,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. American Century Companies Inc. grew its position in Liberty Media Corporation – Liberty Formula One Series A by 33.6% in the 2nd quarter. American Century Companies Inc. now owns 3,845 shares of the company’s stock worth $365,000 after purchasing an additional 968 shares during the period. M&T Bank Corp lifted its holdings in shares of Liberty Media Corporation – Liberty Formula One Series A by 25.7% during the 2nd quarter. M&T Bank Corp now owns 3,277 shares of the company’s stock valued at $311,000 after buying an additional 670 shares during the period. Amundi lifted its holdings in shares of Liberty Media Corporation – Liberty Formula One Series A by 29.2% during the 2nd quarter. Amundi now owns 14,450 shares of the company’s stock valued at $1,336,000 after buying an additional 3,264 shares during the period. Daiwa Securities Group Inc. boosted its stake in shares of Liberty Media Corporation – Liberty Formula One Series A by 54.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 2,642 shares of the company’s stock worth $251,000 after buying an additional 929 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its stake in shares of Liberty Media Corporation – Liberty Formula One Series A by 2.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 159,138 shares of the company’s stock worth $15,112,000 after buying an additional 4,459 shares during the last quarter. Hedge funds and other institutional investors own 8.38% of the company’s stock.

Insider Buying and Selling at Liberty Media Corporation – Liberty Formula One Series A

In related news, insider Renee L. Wilm sold 11,597 shares of Liberty Media Corporation – Liberty Formula One Series A stock in a transaction on Monday, June 15th. The stock was sold at an average price of $90.09, for a total transaction of $1,044,773.73. Following the transaction, the insider directly owned 15,590 shares in the company, valued at approximately $1,404,503.10. The trade was a 42.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Chase Carey sold 100,000 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $90.28, for a total value of $9,028,000.00. Following the sale, the director directly owned 94,356 shares of the company’s stock, valued at $8,518,459.68. This represents a 51.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.63% of the company’s stock.

Liberty Media Corporation – Liberty Formula One Series A Trading Down 2.4%

FWONA opened at $89.81 on Friday. The firm’s 50 day simple moving average is $86.54 and its two-hundred day simple moving average is $82.49. The company has a market capitalization of $22.50 billion, a PE ratio of 41.20 and a beta of 0.50. Liberty Media Corporation – Liberty Formula One Series A has a 1-year low of $73.70 and a 1-year high of $99.52.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Zacks Research raised Liberty Media Corporation – Liberty Formula One Series A from a “strong sell” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Citizens Jmp reissued a “market outperform” rating and issued a $120.00 target price (up from $100.00) on shares of Liberty Media Corporation – Liberty Formula One Series A in a research report on Thursday, July 2nd. Citigroup reissued a “market outperform” rating on shares of Liberty Media Corporation – Liberty Formula One Series A in a research report on Wednesday, July 22nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Liberty Media Corporation – Liberty Formula One Series A in a research note on Wednesday, June 24th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $110.00.

Liberty Media Corporation – Liberty Formula One Series A Profile

Liberty Media Corporation – Liberty Formula One Series A (NASDAQ: FWONA) is a tracking stock that represents Liberty Media’s economic interest in its Liberty Formula One Group business. The tracking stock is designed to give investors direct exposure to the performance of Formula One-related activities within the broader Liberty Media structure while Liberty Media remains the corporate parent. FWONA is a class A equity security tied specifically to the Formula One operations rather than to Liberty Media’s other media and entertainment holdings.

The Liberty Formula One Group owns and manages the commercial rights to the FIA Formula One World Championship and derives revenue from global media and broadcasting rights, sponsorship and advertising, race promotion and hospitality, licensing and merchandising, and digital content and distribution.