UBS Asset Management Americas Inc. raised its stake in Liberty Media Corporation (NASDAQ:LSXMA) by 4.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 263,197 shares of the technology company’s stock after purchasing an additional 11,045 shares during the period. UBS Asset Management Americas Inc. owned 0.08% of Liberty Media Corporation worth $11,049,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Daiwa Securities Group Inc. grew its stake in shares of Liberty Media Corporation by 28.3% during the second quarter. Daiwa Securities Group Inc. now owns 2,950 shares of the technology company’s stock worth $124,000 after acquiring an additional 650 shares during the last quarter. Oppenheimer Asset Management Inc. purchased a new stake in shares of Liberty Media Corporation during the first quarter worth about $127,000. US Bancorp DE grew its stake in shares of Liberty Media Corporation by 25.5% during the second quarter. US Bancorp DE now owns 3,539 shares of the technology company’s stock worth $149,000 after acquiring an additional 718 shares during the last quarter. Laurion Capital Management LP purchased a new stake in shares of Liberty Media Corporation during the first quarter worth about $202,000. Finally, United Services Automobile Association purchased a new stake in shares of Liberty Media Corporation during the first quarter worth about $204,000. Institutional investors own 24.67% of the company’s stock.

In other news, Director Malcolm Ian Grant Gilchrist sold 1,826 shares of the firm’s stock in a transaction dated Monday, September 25th. The stock was sold at an average price of $36.52, for a total transaction of $66,685.52. Following the sale, the director now owns 823 shares of the company’s stock, valued at approximately $30,055.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman John C. Malone sold 18,000 shares of the firm’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $42.02, for a total value of $756,360.00. Following the sale, the chairman now directly owns 15,477,920 shares in the company, valued at approximately $650,382,198.40. The disclosure for this sale can be found here. Insiders have sold a total of 1,170,487 shares of company stock worth $47,753,954 in the last three months.

LSXMA has been the topic of a number of research analyst reports. Citigroup Inc. boosted their price target on Liberty Media Corporation from $40.00 to $47.00 and gave the stock a “neutral” rating in a research note on Monday, August 7th. Pivotal Research boosted their price target on Liberty Media Corporation from $51.00 to $54.00 and gave the stock a “buy” rating in a research note on Tuesday, August 15th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $47.40.

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Shares of Liberty Media Corporation (NASDAQ LSXMA) opened at 43.50 on Thursday. Liberty Media Corporation has a 52 week low of $31.83 and a 52 week high of $43.53. The stock has a market cap of $14.62 billion, a price-to-earnings ratio of 31.61 and a beta of 2.57. The stock’s 50 day moving average price is $42.19 and its 200-day moving average price is $42.19.

About Liberty Media Corporation

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).

Institutional Ownership by Quarter for Liberty Media Corporation (NASDAQ:LSXMA)

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