Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Trading Down 8.4% – Should You Sell?

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) traded down 8.4% during trading on Wednesday . The stock traded as low as $80.67 and last traded at $80.9770. 13,230 shares were traded during trading, a decline of 90% from the average session volume of 131,944 shares. The stock had previously closed at $88.44.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on LLYVA shares. Zacks Research raised shares of Liberty Media Corporation – Liberty Live Series A to a “hold” rating in a research report on Tuesday, September 9th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Liberty Media Corporation – Liberty Live Series A has a consensus rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series A Price Performance

The stock’s fifty day simple moving average is $90.87 and its 200-day simple moving average is $83.22. The firm has a market cap of $7.57 billion, a PE ratio of -21.35 and a beta of 1.32.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last released its earnings results on Thursday, August 7th. The company reported ($1.93) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($3.15).

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LLYVA. Vanguard Group Inc. boosted its holdings in Liberty Media Corporation – Liberty Live Series A by 0.9% in the first quarter. Vanguard Group Inc. now owns 2,021,655 shares of the company’s stock valued at $135,936,000 after purchasing an additional 18,871 shares during the last quarter. JNE Partners LLP lifted its holdings in shares of Liberty Media Corporation – Liberty Live Series A by 7,067.8% in the 1st quarter. JNE Partners LLP now owns 240,121 shares of the company’s stock valued at $16,146,000 after buying an additional 236,771 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Liberty Media Corporation – Liberty Live Series A in the first quarter worth about $234,000. Goldman Sachs Group Inc. boosted its stake in shares of Liberty Media Corporation – Liberty Live Series A by 16.8% in the first quarter. Goldman Sachs Group Inc. now owns 41,392 shares of the company’s stock worth $2,783,000 after buying an additional 5,945 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in 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 acquiring an additional 3,412 shares during the period. 25.07% of the stock is currently owned by hedge funds and other 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.