Liberty Media Corporation (NASDAQ:LSXMA) CFO Mark D. Carleton sold 19,843 shares of the company’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $40.91, for a total transaction of $811,777.13. Following the completion of the sale, the chief financial officer now directly owns 10,000 shares of the company’s stock, valued at $409,100. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of Liberty Media Corporation (NASDAQ LSXMA) opened at 42.04 on Wednesday. The stock has a market capitalization of $14.13 billion, a price-to-earnings ratio of 30.55 and a beta of 2.77. The firm’s 50-day moving average is $42.21 and its 200-day moving average is $42.21. Liberty Media Corporation has a 1-year low of $31.83 and a 1-year high of $43.06.

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A number of institutional investors and hedge funds have recently modified their holdings of the business. MAI Capital Management boosted its holdings in Liberty Media Corporation by 0.7% during the first quarter. MAI Capital Management now owns 9,181 shares of the technology company’s stock worth $357,000 after buying an additional 67 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in Liberty Media Corporation by 1.2% during the second quarter. D.A. Davidson & CO. now owns 11,281 shares of the technology company’s stock worth $473,000 after buying an additional 131 shares during the last quarter. Howard Hughes Medical Institute boosted its holdings in Liberty Media Corporation by 1.0% during the second quarter. Howard Hughes Medical Institute now owns 14,947 shares of the technology company’s stock worth $627,000 after buying an additional 145 shares during the last quarter. Waldron LP boosted its holdings in Liberty Media Corporation by 0.7% during the first quarter. Waldron LP now owns 25,384 shares of the technology company’s stock worth $985,000 after buying an additional 172 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Liberty Media Corporation by 3.7% during the first quarter. Envestnet Asset Management Inc. now owns 8,738 shares of the technology company’s stock worth $340,000 after buying an additional 315 shares during the last quarter. Hedge funds and other institutional investors own 24.67% of the company’s stock.

LSXMA has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Liberty Media Corporation from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. FBR & Co reissued a “buy” rating and issued a $53.00 price target on shares of Liberty Media Corporation in a report on Tuesday, May 30th. Pivotal Research upped their price target on shares of Liberty Media Corporation from $51.00 to $54.00 and gave the company a “buy” rating in a report on Tuesday, August 15th. Finally, Citigroup Inc. upped their price target on shares of Liberty Media Corporation from $40.00 to $47.00 and gave the company a “neutral” rating in a report on Monday, August 7th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $45.67.

Liberty Media Corporation Company Profile

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).

Insider Buying and Selling by Quarter for Liberty Media Corporation (NASDAQ:LSXMA)

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