Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK) Shares Sold by ING Groep NV

Key Points

• ING Groep NV reduced its position in Liberty Media Corporation - Liberty Live Series C by 44.1%, holding 96,200 shares worth approximately $6.56 million after selling 75,800 shares in the first quarter.
• Other institutional investors, including T. Rowe Price and ValueAct Holdings, significantly increased their stakes in the company, indicating growing investor interest.
• Liberty Media Corporation - Liberty Live Series C reported a loss of $0.18 earnings per share for the last quarter, missing the consensus estimate by $0.22.

ING Groep NV trimmed its holdings in Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) by 44.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 96,200 shares of the company's stock after selling 75,800 shares during the quarter. ING Groep NV owned 0.10% of Liberty Media Corporation - Liberty Live Series C worth $6,555,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in LLYVK. Principal Financial Group Inc. boosted its stake in shares of Liberty Media Corporation - Liberty Live Series C by 0.3% during the 1st quarter. Principal Financial Group Inc. now owns 189,428 shares of the company's stock worth $12,908,000 after acquiring an additional 500 shares in the last quarter. KBC Group NV boosted its stake in shares of Liberty Media Corporation - Liberty Live Series C by 24.5% during the 1st quarter. KBC Group NV now owns 3,394 shares of the company's stock worth $231,000 after acquiring an additional 667 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Liberty Media Corporation - Liberty Live Series C by 6,372.0% during the 1st quarter. GAMMA Investing LLC now owns 15,468 shares of the company's stock worth $1,054,000 after acquiring an additional 15,229 shares in the last quarter. Teacher Retirement System of Texas purchased a new stake in shares of Liberty Media Corporation - Liberty Live Series C during the 1st quarter worth about $564,000. Finally, Northern Trust Corp boosted its stake in shares of Liberty Media Corporation - Liberty Live Series C by 20.2% during the 4th quarter. Northern Trust Corp now owns 242,694 shares of the company's stock worth $16,518,000 after acquiring an additional 40,753 shares in the last quarter. 60.36% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Liberty Media Corporation - Liberty Live Series C news, Director Chase Carey sold 50,000 shares of the stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $94.60, for a total value of $4,730,000.00. Following the completion of the sale, the director owned 93,102 shares in the company, valued at approximately $8,807,449.20. This represents a 34.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Liberty Media Corporation - Liberty Live Series C Stock Up 2.2%

Shares of LLYVK stock traded up $1.87 during mid-day trading on Friday, hitting $86.51. 430,983 shares of the stock were exchanged, compared to its average volume of 377,656. The firm has a fifty day moving average of $80.43 and a 200 day moving average of $74.92. Liberty Media Corporation - Liberty Live Series C has a 52-week low of $37.28 and a 52-week high of $89.65. The company has a market cap of $7.95 billion, a PE ratio of 320.41 and a beta of 1.40.

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

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.