Charles Schwab Investment Management Inc. Cuts Position in Liberty Media Corporation - Liberty Live Series C $LLYVK

Key Points

• Charles Schwab Investment Management Inc. reduced its stake in Liberty Media Corporation - Liberty Live Series C by 2.6%, selling 10,395 shares and owning 388,909 shares valued at $26.5 million at the end of the recent quarter.
• Other institutional investors like PNC Financial Services and Principal Financial Group also adjusted their holdings, with PNC increasing its position by 15.5%.
• The company's stock trades at around $93.02, with a market cap of $8.55 billion, and it recently reported a significant earnings miss with EPS of ($1.93).

Charles Schwab Investment Management Inc. reduced its position in Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) by 2.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 388,909 shares of the company's stock after selling 10,395 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.42% of Liberty Media Corporation - Liberty Live Series C worth $26,500,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Versant Capital Management Inc boosted its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 410.9% in the first quarter. Versant Capital Management Inc now owns 751 shares of the company's stock valued at $51,000 after acquiring an additional 604 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 15.5% in the first quarter. PNC Financial Services Group Inc. now owns 1,592 shares of the company's stock valued at $108,000 after acquiring an additional 214 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of Liberty Media Corporation - Liberty Live Series C by 142.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,825 shares of the company's stock worth $192,000 after purchasing an additional 1,662 shares during the last quarter. KBC Group NV raised its stake 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 worth $231,000 after purchasing an additional 667 shares during the last quarter. Finally, Northeast Financial Consultants Inc purchased a new stake in shares of Liberty Media Corporation - Liberty Live Series C during the fourth quarter worth approximately $243,000. 60.36% of the stock is owned by institutional investors and hedge funds.

Liberty Media Corporation - Liberty Live Series C Trading Up 1.4%

Shares of Liberty Media Corporation - Liberty Live Series C stock traded up $1.30 during trading hours on Tuesday, hitting $97.14. 606,599 shares of the company were exchanged, compared to its average volume of 413,279. Liberty Media Corporation - Liberty Live Series C has a 1 year low of $37.76 and a 1 year high of $97.74. The business has a 50-day moving average of $84.63 and a 200-day moving average of $76.57. The stock has a market capitalization of $8.93 billion, a price-to-earnings ratio of -31.13 and a beta of 1.40.

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) EPS 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.