MAI Capital Management Lowers Holdings in Liberty Media Corporation - Liberty Live Series C $LLYVK

Key Points

• MAI Capital Management has reduced its stake in Liberty Media Corporation - Liberty Live Series C by 15.6%, now owning 14,496 shares valued at approximately $988,000.
• Other hedge funds, including Kodai Capital Management and GABELLI & Co, have increased their holdings in Liberty Media, indicating ongoing institutional interest in the stock.
• Liberty Media reported a significant earnings miss with an EPS of ($1.93), falling short of the consensus estimate of $1.22.

MAI Capital Management cut its stake in Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) by 15.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,496 shares of the company's stock after selling 2,688 shares during the quarter. MAI Capital Management's holdings in Liberty Media Corporation - Liberty Live Series C were worth $988,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in the company. Principal Financial Group Inc. increased its stake in shares of Liberty Media Corporation - Liberty Live Series C by 0.3% in the 1st 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 increased its position in 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 purchasing an additional 667 shares in the last quarter. FORA Capital LLC purchased a new position in shares of Liberty Media Corporation - Liberty Live Series C in the 1st quarter worth about $436,000. GAMMA Investing LLC boosted its holdings in 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 during the last quarter. Finally, Teacher Retirement System of Texas acquired a new position in Liberty Media Corporation - Liberty Live Series C during the 1st quarter valued at approximately $564,000. 60.36% of the stock is owned by institutional investors.

Liberty Media Corporation - Liberty Live Series C Stock Performance

Shares of NASDAQ LLYVK traded up $3.56 during trading on Monday, hitting $100.24. The company had a trading volume of 268,984 shares, compared to its average volume of 390,044. The company has a market cap of $9.21 billion, a P/E ratio of -32.05 and a beta of 1.41. The business's 50-day moving average is $87.41 and its 200 day moving average is $77.57. Liberty Media Corporation - Liberty Live Series C has a 52 week low of $38.57 and a 52 week high of $100.30.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported ($1.93) EPS for the quarter, missing analysts' consensus estimates 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.