Gamco Investors INC. ET AL Lowers Position in Liberty Media Corporation - Liberty Live Series C $LLYVK

Key Points

• Gamco Investors INC. ET AL has significantly reduced its position in Liberty Media Corporation - Liberty Live Series C by 82.2%, now holding only 65,852 shares valued at approximately $4.5 million.
• Several institutional investors have adjusted their stakes in Liberty Media, with T. Rowe Price Investment Management Inc. increasing its holdings by 20.5% to over 8.3 million shares.
• The company recently reported earnings of ($1.93) per share, missing the consensus estimate by a substantial margin, indicating potential struggles despite a market cap of nearly $8.9 billion.

Gamco Investors INC. ET AL decreased its holdings in shares of Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) by 82.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 65,852 shares of the company's stock after selling 303,395 shares during the period. Gamco Investors INC. ET AL owned approximately 0.07% of Liberty Media Corporation - Liberty Live Series C worth $4,487,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Findlay Park Partners LLP raised its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 1.3% in the 1st quarter. Findlay Park Partners LLP now owns 37,674 shares of the company's stock valued at $2,567,000 after acquiring an additional 500 shares in the last quarter. FORA Capital LLC purchased a new position in shares of Liberty Media Corporation - Liberty Live Series C during the first quarter worth about $436,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Liberty Media Corporation - Liberty Live Series C by 203.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 458 shares of the company's stock worth $31,000 after purchasing an additional 307 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its stake in Liberty Media Corporation - Liberty Live Series C by 20.5% in the first quarter. T. Rowe Price Investment Management Inc. now owns 8,395,466 shares of the company's stock valued at $572,068,000 after purchasing an additional 1,426,605 shares in the last quarter. Finally, Emmett Investment Management LP raised its stake in Liberty Media Corporation - Liberty Live Series C by 56.8% in the first quarter. Emmett Investment Management LP now owns 59,760 shares of the company's stock valued at $4,185,000 after purchasing an additional 21,650 shares in the last quarter. 60.36% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Media Corporation - Liberty Live Series C Price Performance

LLYVK stock opened at $96.56 on Thursday. The firm has a 50 day simple moving average of $84.97 and a two-hundred day simple moving average of $76.71. The stock has a market cap of $8.87 billion, a PE ratio of -30.95 and a beta of 1.40. Liberty Media Corporation - Liberty Live Series C has a one year low of $37.76 and a one year high of $97.74.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) last posted its quarterly earnings data 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 Company 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.

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