Cerity Partners LLC Increases Stake in Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK)

Key Points

• Cerity Partners LLC increased its stake in Liberty Media Corporation - Liberty Live Series C by 101.2%, acquiring an additional 3,990 shares, bringing its total ownership to 7,931 shares valued at approximately $540,000.
• Several large investors like T. Rowe Price and Vanguard have also expanded their holdings in Liberty Media, with T. Rowe Price increasing its stake by 25.8% during the fourth quarter.
• Director Chase Carey sold 50,000 shares of the company at an average price of $94.60, significantly reducing his ownership by 34.94%.

Cerity Partners LLC grew its holdings in shares of Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) by 101.2% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,931 shares of the company's stock after buying an additional 3,990 shares during the period. Cerity Partners LLC's holdings in Liberty Media Corporation - Liberty Live Series C were worth $540,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of LLYVK. Raymond James Financial Inc. bought a new position in shares of Liberty Media Corporation - Liberty Live Series C in the 4th quarter worth $730,000. Corient Private Wealth LLC bought a new position in shares of Liberty Media Corporation - Liberty Live Series C in the 4th quarter worth $244,000. American Century Companies Inc. bought a new position in shares of Liberty Media Corporation - Liberty Live Series C in the 4th quarter worth $505,000. KLP Kapitalforvaltning AS bought a new position in shares of Liberty Media Corporation - Liberty Live Series C in the 4th quarter worth $674,000. Finally, Vanguard Group Inc. lifted its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 4,759,475 shares of the company's stock worth $323,930,000 after purchasing an additional 56,026 shares in the last quarter. 60.36% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Chase Carey sold 50,000 shares of the firm's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $94.60, for a total transaction of $4,730,000.00. Following the completion of the sale, the director directly owned 93,102 shares of the company's stock, valued at $8,807,449.20. This trade represents a 34.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Liberty Media Corporation - Liberty Live Series C Trading Up 0.3%

Shares of LLYVK traded up $0.29 during trading hours on Tuesday, reaching $85.97. The stock had a trading volume of 265,584 shares, compared to its average volume of 384,219. The company has a market capitalization of $7.90 billion, a price-to-earnings ratio of 318.41 and a beta of 1.41. The firm has a 50-day simple moving average of $78.66 and a 200 day simple moving average of $74.02. Liberty Media Corporation - Liberty Live Series C has a 12 month low of $35.26 and a 12 month high of $86.81.

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

About Liberty Media Corporation - Liberty Live Series C

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.