Diversified Trust Co. Invests $2.47 Million in Liberty Media Corporation - Liberty Formula One Series C $FWONK

Key Points

• Diversified Trust Co. opened a new position in Liberty Media — Formula One Series C (NASDAQ:FWONK), buying 25,068 shares in Q4 valued at about $2.47 million per its Form 13F filing.
• Institutional investors own roughly 92.26% of FWONK, with major holders like Vanguard (≈20.42M shares) and Norges Bank (a new position worth ≈$208.6M) among those increasing or establishing stakes.
• Analysts hold a consensus rating of Moderate Buy with an average target of $111.78, while the stock trades near $83.40 (52‑week range $75.26–$109.36), suggesting potential upside to the consensus target.

Diversified Trust Co. purchased a new position in Liberty Media Corporation - Liberty Formula One Series C (NASDAQ:FWONK - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 25,068 shares of the company's stock, valued at approximately $2,469,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FWONK. Vanguard Group Inc. increased its position in Liberty Media Corporation - Liberty Formula One Series C by 0.6% in the third quarter. Vanguard Group Inc. now owns 20,417,770 shares of the company's stock worth $2,132,636,000 after buying an additional 117,804 shares during the period. Schroder Investment Management Group boosted its holdings in shares of Liberty Media Corporation - Liberty Formula One Series C by 2.1% during the third quarter. Schroder Investment Management Group now owns 8,843,048 shares of the company's stock valued at $923,656,000 after acquiring an additional 186,077 shares during the period. Bank of America Corp DE boosted its holdings in shares of Liberty Media Corporation - Liberty Formula One Series C by 3.8% during the second quarter. Bank of America Corp DE now owns 2,665,969 shares of the company's stock valued at $278,594,000 after acquiring an additional 98,354 shares during the period. Sands Capital Management LLC grew its position in shares of Liberty Media Corporation - Liberty Formula One Series C by 5.4% during the third quarter. Sands Capital Management LLC now owns 2,014,627 shares of the company's stock worth $210,428,000 after acquiring an additional 103,594 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Liberty Media Corporation - Liberty Formula One Series C during the second quarter worth about $208,588,000. Institutional investors and hedge funds own 92.26% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Wells Fargo & Company upgraded shares of Liberty Media Corporation - Liberty Formula One Series C from an "underweight" rating to an "equal weight" rating and lifted their price objective for the company from $93.00 to $95.00 in a research report on Friday, February 27th. JPMorgan Chase & Co. decreased their target price on shares of Liberty Media Corporation - Liberty Formula One Series C from $122.00 to $115.00 and set an "overweight" rating for the company in a research report on Thursday, March 19th. Sanford C. Bernstein upgraded shares of Liberty Media Corporation - Liberty Formula One Series C from a "market perform" rating to an "outperform" rating and raised their price target for the company from $110.00 to $111.00 in a research note on Monday, January 12th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Liberty Media Corporation - Liberty Formula One Series C in a report on Monday, December 29th. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $111.78.

Liberty Media Corporation - Liberty Formula One Series C Trading Up 0.8%

Shares of Liberty Media Corporation - Liberty Formula One Series C stock opened at $83.40 on Wednesday. Liberty Media Corporation - Liberty Formula One Series C has a 52 week low of $75.26 and a 52 week high of $109.36. The stock has a market cap of $18.69 billion, a PE ratio of 37.91, a price-to-earnings-growth ratio of 11.99 and a beta of 0.44. The company's 50-day moving average price is $86.86 and its two-hundred day moving average price is $94.39.

About Liberty Media Corporation - Liberty Formula One Series C

Liberty Media Corporation - Liberty Formula One Series C NASDAQ: FWONK is a tracking stock that represents Liberty Media's economic interest in the Formula One Group, the commercial operator of the FIA Formula One World Championship. Liberty Media is a diversified media and entertainment company that owns and manages a portfolio of media, communications and entertainment businesses. The Formula One Group conducts the commercial activities of one of the world's largest motor sports properties, packaging live races, media rights, sponsorships, licensing and related consumer products around a global sporting calendar.

The Formula One business comprises the sale and distribution of broadcast and digital media rights, race promotion and event management, sponsorship and brand partnerships, merchandising and licensing, and direct-to-consumer digital products and services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.