28,978 Shares in Liberty Media Corporation - Liberty Live Series C $LLYVK Bought by Oak Thistle LLC

Key Points

• Oak Thistle LLC opened a new position in Liberty Media — Liberty Live Series C (LLYVK) in Q4, purchasing 28,978 shares valued at about $2.41 million, according to the latest 13F filing.
• Major shareholder Berkshire Hathaway sold 7,685 shares (a 0.07% reduction), and insiders have offloaded a total of 266,192 shares worth roughly $22.12 million in the past 90 days, indicating notable insider selling activity.
• Analyst sentiment is negative with an average rating of Sell (Zacks cut to "strong sell" and other outlets reaffirmed sell views), while LLYVK is trading near $97.94 with a market cap around $9.0 billion.

Oak Thistle LLC purchased a new position in Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 28,978 shares of the company's stock, valued at approximately $2,410,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. TD Private Client Wealth LLC bought a new position in Liberty Media Corporation - Liberty Live Series C in the third quarter valued at about $26,000. Kelleher Financial Advisors bought a new position in Liberty Media Corporation - Liberty Live Series C in the third quarter valued at about $26,000. Mather Group LLC. bought a new position in Liberty Media Corporation - Liberty Live Series C in the third quarter valued at about $43,000. Schroder Investment Management Group acquired a new stake in shares of Liberty Media Corporation - Liberty Live Series C during the third quarter valued at about $57,000. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Liberty Media Corporation - Liberty Live Series C during the third quarter valued at about $83,000. Institutional investors own 60.36% of the company's stock.

Insider Transactions at Liberty Media Corporation - Liberty Live Series C

In related news, major shareholder Berkshire Hathaway Inc sold 7,685 shares of the company's stock in a transaction on Friday, January 16th. The stock was sold at an average price of $83.72, for a total transaction of $643,388.20. Following the completion of the sale, the insider owned 10,587,143 shares in the company, valued at approximately $886,355,611.96. This represents a 0.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 266,192 shares of company stock worth $22,116,469 in the last ninety days.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Zacks Research lowered Liberty Media Corporation - Liberty Live Series C from a "hold" rating to a "strong sell" rating in a research note on Wednesday, March 4th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Liberty Media Corporation - Liberty Live Series C in a research note on Thursday, January 22nd. Finally, Wall Street Zen upgraded Liberty Media Corporation - Liberty Live Series C to a "sell" rating in a report on Saturday, February 28th. Two analysts have rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of "Sell".

Liberty Media Corporation - Liberty Live Series C Stock Down 0.8%

NASDAQ LLYVK opened at $97.94 on Wednesday. The company has a market cap of $9.00 billion, a price-to-earnings ratio of -188.35 and a beta of 1.28. Liberty Media Corporation - Liberty Live Series C has a 52 week low of $61.17 and a 52 week high of $102.62. The business has a 50 day moving average price of $92.89 and a 200-day moving average price of $88.51.

About Liberty Media Corporation - Liberty Live Series C

Liberty Media Corporation – Liberty Live Series C NASDAQ: LLYVK is a tracking stock designed to reflect the performance of Liberty Media's investment in Live Nation Entertainment. Established in August 2023, the Liberty Live tracking stock allows investors to gain targeted exposure to the live entertainment sector without direct ownership of Liberty Media's other diversified assets. The Series C shares trade separately, offering a clear view of the value and results generated by Live Nation's global operations.

The underlying asset for the Liberty Live Series C shares is Liberty Media's equity stake in Live Nation, one of the world's leading live entertainment companies.

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