Liberty Media Corporation - Liberty Live Series C $LLYVK Shares Purchased by California State Teachers Retirement System

Key Points

• California State Teachers Retirement System increased its LLYVK holdings by 23% in the first quarter, purchasing 9,712 additional shares for a total of 51,908 shares valued at approximately $4.9 million.
• Institutional investors and hedge funds own about 60.36% of LLYVK, with several firms—including Walleye Capital and KBC Group—also significantly increasing their positions.
• Analyst sentiment remains cautious, with the stock carrying an average “Reduce” rating. LLYVK recently reported a quarterly loss of $2.92 per share, missing the $0.42 consensus estimate, while shares traded near $103.73.

California State Teachers Retirement System increased its holdings in shares of Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) by 23.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,908 shares of the company's stock after purchasing an additional 9,712 shares during the period. California State Teachers Retirement System owned approximately 0.06% of Liberty Media Corporation - Liberty Live Series C worth $4,885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and 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 7.4% in the fourth quarter. Principal Financial Group Inc. now owns 1,812,689 shares of the company's stock worth $150,744,000 after buying an additional 124,223 shares during the last quarter. Vanguard Group Inc. raised its position in Liberty Media Corporation - Liberty Live Series C by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 4,721,823 shares of the company's stock valued at $392,667,000 after acquiring an additional 63,117 shares in the last quarter. Whitebox Advisors LLC acquired a new position in Liberty Media Corporation - Liberty Live Series C in the first quarter valued at approximately $15,192,000. Walleye Capital LLC lifted its holdings in Liberty Media Corporation - Liberty Live Series C by 286.3% in the first quarter. Walleye Capital LLC now owns 46,646 shares of the company's stock valued at $4,390,000 after acquiring an additional 34,570 shares during the period. Finally, KBC Group NV boosted its position in Liberty Media Corporation - Liberty Live Series C by 2,064.7% in the 1st quarter. KBC Group NV now owns 41,541 shares of the company's stock worth $3,909,000 after purchasing an additional 39,622 shares in the last quarter. 60.36% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Weiss Ratings reiterated a "sell (d-)" rating on shares of Liberty Media Corporation - Liberty Live Series C in a research note on Friday, May 29th. Zacks Research raised shares of Liberty Media Corporation - Liberty Live Series C from a "strong sell" rating to a "hold" rating in a report on Friday, July 10th. Finally, Wall Street Zen upgraded shares of Liberty Media Corporation - Liberty Live Series C from a "sell" rating to a "hold" rating in a research report on Saturday, May 9th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Liberty Media Corporation - Liberty Live Series C has an average rating of "Reduce".

Liberty Media Corporation - Liberty Live Series C Trading Up 0.0%

Shares of NASDAQ LLYVK opened at $103.73 on Friday. The stock has a market cap of $9.54 billion, a PE ratio of -29.30 and a beta of 0.97. Liberty Media Corporation - Liberty Live Series C has a 12-month low of $76.93 and a 12-month high of $108.97. The company has a 50-day moving average of $101.37 and a 200 day moving average of $96.39.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported ($2.92) earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by ($3.34). On average, sell-side analysts forecast that Liberty Media Corporation - Liberty Live Series C will post -3.3 EPS for the current fiscal year.

About Liberty Media Corporation - Liberty Live Series C

Liberty Media Corporation – Liberty Live Series C NASDAQ: LLYVK is a tracking stock designed to reflect the performance of Liberty Media's investment in Live Nation Entertainment. Established in August 2023, the Liberty Live tracking stock allows investors to gain targeted exposure to the live entertainment sector without direct ownership of Liberty Media's other diversified assets. The Series C shares trade separately, offering a clear view of the value and results generated by Live Nation's global operations.

The underlying asset for the Liberty Live Series C shares is Liberty Media's equity stake in Live Nation, one of the world's leading live entertainment companies.

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