Shufro Rose & Co. LLC decreased its position in Liberty Media Corporation (NASDAQ:LSXMA) by 0.8% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 61,189 shares of the technology company’s stock after selling 495 shares during the period. Shufro Rose & Co. LLC’s holdings in Liberty Media Corporation were worth $2,569,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Quantitative Systematic Strategies LLC raised its position in Liberty Media Corporation by 35.7% in the first quarter. Quantitative Systematic Strategies LLC now owns 45,206 shares of the technology company’s stock worth $1,759,000 after buying an additional 11,886 shares during the last quarter. Gateway Investment Advisers LLC bought a new position in Liberty Media Corporation during the first quarter worth $214,000. Canada Pension Plan Investment Board raised its position in Liberty Media Corporation by 69.4% in the first quarter. Canada Pension Plan Investment Board now owns 56,372 shares of the technology company’s stock worth $2,194,000 after buying an additional 23,100 shares during the last quarter. First Manhattan Co. raised its position in Liberty Media Corporation by 0.3% in the first quarter. First Manhattan Co. now owns 449,671 shares of the technology company’s stock worth $15,279,000 after buying an additional 1,202 shares during the last quarter. Finally, Cornerstone Capital Management Holdings LLC. raised its position in Liberty Media Corporation by 22.6% in the first quarter. Cornerstone Capital Management Holdings LLC. now owns 147,344 shares of the technology company’s stock worth $5,733,000 after buying an additional 27,157 shares during the last quarter. 24.15% of the stock is owned by institutional investors.

Liberty Media Corporation (LSXMA) opened at 43.41 on Tuesday. Liberty Media Corporation has a 52 week low of $31.83 and a 52 week high of $46.43. The company has a 50 day moving average price of $42.69 and a 200 day moving average price of $39.82. The stock has a market cap of $14.57 billion, a price-to-earnings ratio of 33.19 and a beta of 2.69.

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Several brokerages recently weighed in on LSXMA. Zacks Investment Research upgraded Liberty Media Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, May 10th. Deutsche Bank AG cut their price target on Liberty Media Corporation from $43.00 to $42.00 and set a “hold” rating for the company in a research note on Friday, May 12th. Citigroup Inc. restated a “neutral” rating and issued a $40.00 price target (down previously from $43.00) on shares of Liberty Media Corporation in a research note on Monday, May 15th. Pivotal Research restated a “buy” rating and issued a $51.00 price target on shares of Liberty Media Corporation in a research note on Wednesday, May 24th. Finally, FBR & Co restated a “buy” rating and issued a $53.00 price target on shares of Liberty Media Corporation in a research note on Tuesday, May 30th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Liberty Media Corporation currently has a consensus rating of “Buy” and a consensus price target of $45.17.

In related news, insider R. Ted Weschler bought 507,742 shares of the company’s stock in a transaction on Wednesday, May 17th. The stock was bought at an average cost of $36.67 per share, with a total value of $18,618,899.14. Following the completion of the acquisition, the insider now owns 271,034 shares in the company, valued at approximately $9,938,816.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman John C. Malone sold 153,000 shares of the stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $39.53, for a total transaction of $6,048,090.00. Following the completion of the transaction, the chairman now directly owns 2,814,562 shares of the company’s stock, valued at $111,259,635.86. The disclosure for this sale can be found here. Over the last three months, insiders have purchased 1,706,443 shares of company stock valued at $66,290,479 and have sold 422,003 shares valued at $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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Institutional Ownership by Quarter for Liberty Media Corporation (NASDAQ:LSXMA)

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