GABELLI & Co INVESTMENT ADVISERS INC. Acquires 4,625 Shares of Liberty Media Corporation - Liberty Live Series C $LLYVK

Key Points

• GABELLI & Co INVESTMENT ADVISERS INC. increased its holdings in Liberty Media Corporation - Liberty Live Series C shares by 22.1%, owning a total of 25,541 shares valued at approximately $1.74 million.
• Several institutional investors have also significantly increased their positions, including T. Rowe Price, which raised its stake by 20.5% to over 8.39 million shares valued at $572 million.
• The stock of Liberty Media Corporation - Liberty Live Series C is currently trading around $95.84, with a market cap of $8.81 billion and a recent earnings report showing a loss of ($1.93) per share.

GABELLI & Co INVESTMENT ADVISERS INC. boosted its position in Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) by 22.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,541 shares of the company's stock after buying an additional 4,625 shares during the quarter. GABELLI & Co INVESTMENT ADVISERS INC.'s holdings in Liberty Media Corporation - Liberty Live Series C were worth $1,740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Principal Financial Group Inc. grew its position in shares of Liberty Media Corporation - Liberty Live Series C by 0.3% in the first quarter. Principal Financial Group Inc. now owns 189,428 shares of the company's stock valued at $12,908,000 after purchasing an additional 500 shares in the last quarter. KBC Group NV grew its position in shares of Liberty Media Corporation - Liberty Live Series C by 24.5% in the first quarter. KBC Group NV now owns 3,394 shares of the company's stock valued at $231,000 after purchasing an additional 667 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Liberty Media Corporation - Liberty Live Series C by 6,372.0% in the first quarter. GAMMA Investing LLC now owns 15,468 shares of the company's stock valued at $1,054,000 after purchasing an additional 15,229 shares in the last quarter. Teacher Retirement System of Texas purchased a new position in shares of Liberty Media Corporation - Liberty Live Series C in the first quarter valued at $564,000. Finally, Northern Trust Corp grew its position in shares of Liberty Media Corporation - Liberty Live Series C by 20.2% in the fourth quarter. Northern Trust Corp now owns 242,694 shares of the company's stock valued at $16,518,000 after purchasing an additional 40,753 shares in the last quarter. 60.36% of the stock is owned by hedge funds and other institutional investors.

Liberty Media Corporation - Liberty Live Series C Trading Up 0.9%

Shares of NASDAQ LLYVK traded up $0.84 during mid-day trading on Thursday, hitting $97.40. The company had a trading volume of 226,467 shares, compared to its average volume of 384,312. The company has a market capitalization of $8.95 billion, a price-to-earnings ratio of -31.22 and a beta of 1.40. Liberty Media Corporation - Liberty Live Series C has a 1 year low of $37.76 and a 1 year high of $97.74. The stock's 50-day moving average price is $85.34 and its 200-day moving average price is $76.85.

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

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.