JPMorgan Chase & Co. Has $37.38 Million Stock Holdings in Liberty Media Corporation - Liberty Formula One Series C $FWONK

Key Points

• JPMorgan Chase & Co. raised its stake in Liberty Media — Formula One Series C by 33.4% in Q3 to 357,780 shares, worth about $37.38 million (≈0.14% of the company).
• Analysts hold a consensus "Moderate Buy" with an average price target of $111.78; recent notes include Bernstein upgrading to "outperform," JPMorgan cutting its target to $115, and Wells Fargo moving to "equal weight."
• FWONK has a market cap of $18.25 billion and a P/E of 37.01, a 52‑week range of $75.26–$109.36, and opened at $81.42 (below its 200‑day SMA of $94.67).

JPMorgan Chase & Co. raised its stake in Liberty Media Corporation - Liberty Formula One Series C (NASDAQ:FWONK - Free Report) by 33.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 357,780 shares of the company's stock after purchasing an additional 89,673 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.14% of Liberty Media Corporation - Liberty Formula One Series C worth $37,375,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Advisory Services Network LLC acquired a new stake in shares of Liberty Media Corporation - Liberty Formula One Series C in the 3rd quarter valued at approximately $34,000. Headlands Technologies LLC acquired a new position in Liberty Media Corporation - Liberty Formula One Series C during the second quarter worth $38,000. Osterweis Capital Management Inc. acquired a new position in Liberty Media Corporation - Liberty Formula One Series C during the second quarter worth $39,000. Root Financial Partners LLC bought a new stake in Liberty Media Corporation - Liberty Formula One Series C during the third quarter worth $41,000. Finally, Farther Finance Advisors LLC lifted its stake in Liberty Media Corporation - Liberty Formula One Series C by 138.6% in the third quarter. Farther Finance Advisors LLC now owns 451 shares of the company's stock valued at $47,000 after acquiring an additional 262 shares during the last quarter. Institutional investors own 92.26% of the company's stock.

Liberty Media Corporation - Liberty Formula One Series C Price Performance

FWONK opened at $81.42 on Friday. The business has a fifty day simple moving average of $87.16 and a 200 day simple moving average of $94.67. Liberty Media Corporation - Liberty Formula One Series C has a 1 year low of $75.26 and a 1 year high of $109.36. The company has a market capitalization of $18.25 billion, a PE ratio of 37.01, a price-to-earnings-growth ratio of 11.70 and a beta of 0.44.

Wall Street Analysts Forecast Growth

FWONK has been the subject of a number of analyst reports. Sanford C. Bernstein raised shares of Liberty Media Corporation - Liberty Formula One Series C from a "market perform" rating to an "outperform" rating and lifted their price objective for the company from $110.00 to $111.00 in a research report on Monday, January 12th. JPMorgan Chase & Co. cut 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 note on Thursday. Wells Fargo & Company upgraded Liberty Media Corporation - Liberty Formula One Series C from an "underweight" rating to an "equal weight" rating and lifted their price target for the stock from $93.00 to $95.00 in a report on Friday, February 27th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Liberty Media Corporation - Liberty Formula One Series C in a research note on Monday, December 29th. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $111.78.

Liberty Media Corporation - Liberty Formula One Series C Profile

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.

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