Alberta Investment Management Corp Sells 61,580 Shares of Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK)

Key Points

• Alberta Investment Management Corp reduced its holdings in Liberty Media Corporation - Liberty Live Series C by 24.6%, selling 61,580 shares and now holds 188,750 shares valued at approximately $12.86 million.
• Liberty Media's stock has a current market cap of $7.58 billion and a price-to-earnings ratio of 305.81, with shares trading between a one-year low of $35.26 and a high of $88.31.
• In recent insider activity, Director Chase Carey sold 50,000 shares at an average price of $94.60, resulting in a 34.94% reduction of his ownership stake in the company.

Alberta Investment Management Corp reduced its stake in shares of Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) by 24.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 188,750 shares of the company's stock after selling 61,580 shares during the period. Alberta Investment Management Corp owned approximately 0.21% of Liberty Media Corporation - Liberty Live Series C worth $12,861,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in LLYVK. S&CO Inc. grew its stake in Liberty Media Corporation - Liberty Live Series C by 0.4% during the first quarter. S&CO Inc. now owns 175,945 shares of the company's stock worth $11,988,000 after buying an additional 730 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Liberty Media Corporation - Liberty Live Series C by 10.2% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,190 shares of the company's stock worth $626,000 after purchasing an additional 853 shares in the last quarter. TD Asset Management Inc grew its stake in shares of Liberty Media Corporation - Liberty Live Series C by 62.7% in the first quarter. TD Asset Management Inc now owns 403,650 shares of the company's stock valued at $27,505,000 after buying an additional 155,500 shares in the last quarter. HB Wealth Management LLC boosted its holdings in Liberty Media Corporation - Liberty Live Series C by 34.4% in the 1st quarter. HB Wealth Management LLC now owns 30,149 shares of the company's stock worth $2,054,000 after acquiring an additional 7,716 shares during the period. Finally, Cerity Partners LLC grew its position in Liberty Media Corporation - Liberty Live Series C by 101.2% in the first quarter. Cerity Partners LLC now owns 7,931 shares of the company's stock valued at $540,000 after acquiring an additional 3,990 shares in the last quarter. 60.36% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Liberty Media Corporation - Liberty Live Series C news, Director Chase Carey sold 50,000 shares of the business's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $94.60, for a total transaction of $4,730,000.00. Following the completion of the transaction, the director owned 93,102 shares of the company's stock, valued at $8,807,449.20. The trade was a 34.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

LLYVK stock traded down $0.68 during midday trading on Wednesday, reaching $85.03. The company had a trading volume of 342,411 shares, compared to its average volume of 389,914. The stock has a 50 day moving average price of $79.69 and a 200 day moving average price of $74.65. The firm has a market capitalization of $7.81 billion, a PE ratio of 314.93 and a beta of 1.40. Liberty Media Corporation - Liberty Live Series C has a fifty-two week low of $36.85 and a fifty-two week high of $88.31.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.22).

Liberty Media Corporation - Liberty Live Series C Profile

Liberty Live Group operates in the media, communications, and entertainment industries primarily in North America and the United Kingdom. The company is headquartered in Englewood, Colorado.