News coverage about Liberty Media Corporation (NASDAQ:LSXMA) has trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Liberty Media Corporation earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 46.1211365094798 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the media stories that may have impacted Accern Sentiment’s analysis:

Shares of Liberty Media Corporation (NASDAQ:LSXMA) traded down 0.72% on Thursday, hitting $42.70. 303,674 shares of the stock traded hands. The stock’s 50 day moving average price is $42.52 and its 200 day moving average price is $39.62. The stock has a market cap of $14.33 billion, a P/E ratio of 32.65 and a beta of 2.69. Liberty Media Corporation has a 52-week low of $31.83 and a 52-week high of $46.43.

Liberty Media Corporation (NASDAQ:LSXMA) last released its quarterly earnings results on Tuesday, May 9th. The technology company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by $0.01. The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.32 billion. On average, equities analysts expect that Liberty Media Corporation will post $1.85 EPS for the current fiscal year.

Several brokerages recently issued reports on LSXMA. Citigroup Inc. boosted their price target on shares of Liberty Media Corporation from $40.00 to $47.00 and gave the company a “neutral” rating in a research report on Monday. Deutsche Bank AG reduced their price target on shares of Liberty Media Corporation from $43.00 to $42.00 and set a “hold” rating on the stock in a research report on Friday, May 12th. FBR & Co reiterated a “buy” rating and set a $53.00 price target on shares of Liberty Media Corporation in a research report on Tuesday, May 30th. Pivotal Research reiterated a “buy” rating and set a $51.00 price target on shares of Liberty Media Corporation in a research report on Wednesday, May 24th. Finally, Zacks Investment Research raised shares of Liberty Media Corporation from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $45.17.

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In other news, Chairman John C. Malone sold 153,000 shares of the firm’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $39.53, for a total value of $6,048,090.00. Following the sale, the chairman now directly owns 2,814,562 shares in the company, valued at approximately $111,259,635.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider R. Ted Weschler purchased 492,156 shares of the stock in a transaction dated Monday, May 22nd. The stock was purchased at an average price of $38.26 per share, for a total transaction of $18,829,888.56. Following the completion of the acquisition, the insider now directly owns 271,034 shares in the company, valued at approximately $10,369,760.84. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 1,706,443 shares of company stock worth $66,290,479 and sold 422,003 shares worth $16,009,101.

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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