Liberty Media Corporation (LSXMA) Given Media Impact Score of 0.21
News coverage about Liberty Media Corporation (NASDAQ:LSXMA) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Liberty Media Corporation earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.8714734586668 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of equities research analysts recently issued reports on the stock. Citigroup Inc. increased their target price on shares of Liberty Media Corporation from $40.00 to $47.00 and gave the stock a “neutral” rating in a research report on Monday, August 7th. Pivotal Research increased their target price on shares of Liberty Media Corporation from $51.00 to $54.00 and gave the stock a “buy” rating in a research report on Tuesday, August 15th. Bank of America Corporation increased their target price on shares of Liberty Media Corporation from $46.00 to $54.00 and gave the stock a “buy” rating in a research report on Thursday, October 12th. Finally, B. Riley reiterated a “buy” rating on shares of Liberty Media Corporation in a research report on Wednesday, November 1st. Three 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 price target of $50.80.
Shares of Liberty Media Corporation (LSXMA) traded up $0.44 on Monday, reaching $41.22. 1,153,900 shares of the company’s stock were exchanged, compared to its average volume of 498,266. Liberty Media Corporation has a 1 year low of $33.79 and a 1 year high of $46.43. The company has a market capitalization of $23,850.00 and a price-to-earnings ratio of 25.44.
In related news, Chairman John C. Malone sold 18,000 shares of the business’s stock in a transaction on Monday, October 16th. The shares were sold at an average price of $43.28, for a total transaction of $779,040.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Malcolm Ian Grant Gilchrist sold 1,826 shares of the business’s stock in a transaction on Monday, September 25th. The stock was sold at an average price of $36.52, for a total transaction of $66,685.52. Following the transaction, the director now owns 823 shares in the company, valued at $30,055.96. The disclosure for this sale can be found here. In the last three months, insiders sold 850,283 shares of company stock worth $34,642,831.
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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).
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