Mirae Asset Global Investments Co. Ltd. Buys 46,475 Shares of Liberty Media Corporation - Liberty Live Series C $LLYVK

Key Points

• Mirae Asset Global Investments Co. Ltd. significantly increased its stake in Liberty Media Corporation - Liberty Live Series C, acquiring 46,475 shares and boosting its ownership to about 0.05% valued at $3.8 million.
• Liberty Media Corporation - Liberty Live Series C reported a quarterly earnings loss of ($1.93) per share, which was well below the consensus estimate of $1.22.
• Currently, the stock has a market capitalization of $8.27 billion, with mixed analyst ratings, including a recently reaffirmed "sell" rating from Weiss Ratings.

Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) by 29,414.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,633 shares of the company's stock after acquiring an additional 46,475 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned 0.05% of Liberty Media Corporation - Liberty Live Series C worth $3,785,000 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. Fort Henry Capital LLC bought a new stake in Liberty Media Corporation - Liberty Live Series C in the second quarter valued at approximately $219,000. Congress Park Capital LLC purchased a new position in shares of Liberty Media Corporation - Liberty Live Series C in the second quarter worth $1,023,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of Liberty Media Corporation - Liberty Live Series C by 2.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 12,471 shares of the company's stock valued at $1,018,000 after acquiring an additional 280 shares during the last quarter. Fractal Investments LLC purchased a new stake in shares of Liberty Media Corporation - Liberty Live Series C during the second quarter worth about $223,000. Finally, Voya Investment Management LLC grew its stake in shares of Liberty Media Corporation - Liberty Live Series C by 2.9% in the first quarter. Voya Investment Management LLC now owns 5,802 shares of the company's stock worth $395,000 after purchasing an additional 164 shares during the last quarter. 60.36% of the stock is owned by hedge funds and other institutional investors.

Liberty Media Corporation - Liberty Live Series C Price Performance

Shares of NASDAQ LLYVK opened at $90.05 on Tuesday. Liberty Media Corporation - Liberty Live Series C has a 1 year low of $50.94 and a 1 year high of $102.62. The stock has a market capitalization of $8.27 billion, a P/E ratio of -28.86 and a beta of 1.37. The company's 50-day moving average is $94.03 and its 200 day moving average is $81.61.

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

Analyst Ratings Changes

A number of research analysts have commented on the company. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Liberty Media Corporation - Liberty Live Series C in a research report on Saturday, September 27th. Zacks Research raised Liberty Media Corporation - Liberty Live Series C to a "hold" rating in a research note on Tuesday, September 9th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Reduce".

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.

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