Amundi Reduces Stock Holdings in Liberty Media Corporation - Liberty Live Series C $LLYVK

Key Points

• Amundi has reduced its stake in Liberty Media Corporation - Liberty Live Series C by 19.3%, holding 179,594 shares valued at approximately $11.95 million after selling 42,952 shares in Q1.
• Other institutional investors have increased their positions, with ValueAct Holdings raising its stake by 136.9% and T. Rowe Price increasing its holdings by 20.5%.
• The stock is currently trading around $100.23, with a twelve-month low of $38.57 and a twelve-month high of $100.45, and it reported a loss of ($1.93) per share in its most recent earnings update.

Amundi reduced its stake in Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) by 19.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 179,594 shares of the company's stock after selling 42,952 shares during the period. Amundi owned approximately 0.20% of Liberty Media Corporation - Liberty Live Series C worth $11,954,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Principal Financial Group Inc. lifted its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 0.3% during the first quarter. Principal Financial Group Inc. now owns 189,428 shares of the company's stock valued at $12,908,000 after purchasing an additional 500 shares in the last quarter. KBC Group NV lifted its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 24.5% during the first quarter. KBC Group NV now owns 3,394 shares of the company's stock valued at $231,000 after purchasing an additional 667 shares in the last quarter. FORA Capital LLC bought a new position in shares of Liberty Media Corporation - Liberty Live Series C during the first quarter valued at $436,000. GAMMA Investing LLC lifted its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 6,372.0% during the first quarter. GAMMA Investing LLC now owns 15,468 shares of the company's stock valued at $1,054,000 after purchasing an additional 15,229 shares in the last quarter. Finally, HighTower Advisors LLC bought a new position in shares of Liberty Media Corporation - Liberty Live Series C during the first quarter valued at $207,000. 60.36% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Liberty Media Corporation - Liberty Live Series C to a "hold" rating in a report on Tuesday, September 9th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of "Hold".

Liberty Media Corporation - Liberty Live Series C Stock Down 0.9%

NASDAQ LLYVK traded down $0.87 during trading on Monday, hitting $99.57. 491,083 shares of the stock traded hands, compared to its average volume of 380,677. The company has a market capitalization of $9.15 billion, a P/E ratio of -31.91 and a beta of 1.41. The firm has a 50-day simple moving average of $89.78 and a 200-day simple moving average of $78.61. Liberty Media Corporation - Liberty Live Series C has a 12-month low of $40.64 and a 12-month high of $102.62.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported ($1.93) earnings per share for the quarter, missing the consensus estimate of $1.22 by ($3.15).

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.