Maven Securities LTD Makes New $1.36 Million Investment in Liberty Media Corporation - Liberty Live Series A $LLYVA

Key Points

• Maven Securities initiated a $1.36 million position in Liberty Media’s Liberty Live Series A, purchasing 13,475 shares in the second quarter. Institutional investors collectively own 25.07% of the stock.
• Analysts remain bearish: Zacks Research downgraded LLYVA to “strong sell,” Weiss Ratings maintained a “sell” rating, and the consensus rating is “Sell.”
• LLYVA opened at $94.34, with a market capitalization of $8.68 billion, while its latest quarterly results showed a $2.92 loss per share—far below the $0.42 estimate—despite revenue exceeding expectations.

Maven Securities LTD bought a new stake in Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,475 shares of the company's stock, valued at approximately $1,364,000.

Several other large investors also recently modified their holdings of the business. Quarry LP bought a new position in shares of Liberty Media Corporation - Liberty Live Series A during the 4th quarter valued at about $29,000. Fifth Third Bancorp increased its stake in Liberty Media Corporation - Liberty Live Series A by 23,650.0% during the 1st quarter. Fifth Third Bancorp now owns 475 shares of the company's stock worth $44,000 after purchasing an additional 473 shares in the last quarter. Arax Advisory Partners bought a new stake in Liberty Media Corporation - Liberty Live Series A during the 4th quarter worth approximately $42,000. Tower Research Capital LLC TRC raised its holdings in Liberty Media Corporation - Liberty Live Series A by 495.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,459 shares of the company's stock worth $116,000 after buying an additional 1,214 shares during the period. Finally, US Bancorp DE raised its holdings in Liberty Media Corporation - Liberty Live Series A by 51.8% during the 3rd quarter. US Bancorp DE now owns 1,469 shares of the company's stock worth $139,000 after buying an additional 501 shares during the period. 25.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on LLYVA shares. Zacks Research cut shares of Liberty Media Corporation - Liberty Live Series A from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 12th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Liberty Media Corporation - Liberty Live Series A in a research report on Wednesday, August 26th. Two investment analysts have rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of "Sell".

Liberty Media Corporation - Liberty Live Series A Stock Performance

Shares of Liberty Media Corporation - Liberty Live Series A stock opened at $94.34 on Wednesday. The firm has a market cap of $8.68 billion, a PE ratio of -20.83 and a beta of 0.96. The business's 50 day simple moving average is $99.96 and its 200 day simple moving average is $96.28. Liberty Media Corporation - Liberty Live Series A has a 52-week low of $74.38 and a 52-week high of $106.06.

Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported ($2.92) earnings per share for the quarter, missing the consensus estimate of $0.42 by ($3.34). The firm had revenue of $147.06 million for the quarter, compared to the consensus estimate of $93.63 million. As a group, equities research analysts predict that Liberty Media Corporation - Liberty Live Series A will post -7.69 EPS for the current year.

About Liberty Media Corporation - Liberty Live Series A

Liberty Media Corporation – Liberty Live Group Series A NASDAQ: LLYVA is a Class A tracking stock of Liberty Media Corporation that is focused on the company's live sports and entertainment businesses. Headquartered in Englewood, Colorado, Liberty Media was founded in 1991 as a successor to Tele-Communications, Inc, and has since evolved into a diversified holding company. The Liberty Live Group tracking stock provides investors with direct exposure to a portfolio of live sports franchises and related enterprises within the broader Liberty Media framework.

The primary asset underlying the Liberty Live Group is a 100% ownership interest in the Atlanta Braves, one of Major League Baseball's premier franchises based at Truist Park in Atlanta, Georgia.

Want to see what other hedge funds are holding LLYVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.