Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Director Chase Carey Sells 83,500 Shares

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Director Chase Carey sold 83,500 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $95.79, for a total transaction of $7,998,465.00. Following the sale, the director directly owned 94,356 shares in the company, valued at $9,038,361.24. This trade represents a 46.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Chase Carey also recently made the following trade(s):

• On Wednesday, December 17th, Chase Carey sold 83,536 shares of Liberty Media Corporation – Liberty Live Series A stock. The shares were sold at an average price of $96.95, for a total value of $8,098,815.20.

Liberty Media Corporation – Liberty Live Series A Stock Performance

LLYVA opened at $82.14 on Friday. The business’s 50-day simple moving average is $82.69 and its 200 day simple moving average is $84.41. Liberty Media Corporation – Liberty Live Series A has a 52-week low of $59.45 and a 52-week high of $99.63. The firm has a market capitalization of $7.55 billion, a PE ratio of -21.28 and a beta of 1.39.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research note on Wednesday, October 8th. Zacks Research upgraded Liberty Media Corporation – Liberty Live Series A to a “hold” rating in a report on Tuesday, September 9th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce”.

Hedge Funds Weigh In On Liberty Media Corporation – Liberty Live Series A

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in shares of Liberty Media Corporation – Liberty Live Series A by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 2,021,655 shares of the company’s stock worth $135,936,000 after buying an additional 18,871 shares during the last quarter. JNE Partners LLP increased its stake in shares of Liberty Media Corporation – Liberty Live Series A by 7,067.8% during the first quarter. JNE Partners LLP now owns 240,121 shares of the company’s stock worth $16,146,000 after purchasing an additional 236,771 shares during the period. Goldman Sachs Group Inc. grew its holdings in Liberty Media Corporation – Liberty Live Series A by 16.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 41,392 shares of the company’s stock valued at $2,783,000 after buying an additional 5,945 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Liberty Media Corporation – Liberty Live Series A by 56.1% in the second quarter. JPMorgan Chase & Co. now owns 386,705 shares of the company’s stock valued at $30,735,000 after acquiring an additional 139,055 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Liberty Media Corporation – Liberty Live Series A by 100.9% during the first quarter. American Century Companies Inc. now owns 6,793 shares of the company’s stock worth $457,000 after purchasing an additional 3,412 shares during the period. 25.07% of the stock is owned by institutional investors.

About Liberty Media Corporation – Liberty Live Series A

Liberty Live Group operates in the media, communications, and entertainment industries primarily in North America and the United Kingdom. The company is headquartered in Englewood, Colorado.