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Quantbot Technologies LP Acquires Shares of 18,461 Liberty Media Corporation - Liberty Live Series C $LLYVK

Liberty Media Corporation - Liberty Live Series C logo with Consumer Discretionary background
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Key Points

  • Quantbot Technologies purchased a new stake of 18,461 shares in Liberty Media — Liberty Live Series C (LLYVK) in Q3, valued at about $1.79 million.
  • Significant insider selling has occurred recently: Berkshire Hathaway sold 66,568 shares and director Chase Carey sold 83,536, with insiders disposing of 497,554 shares (~$43.48M) over the past 90 days.
  • LLYVK, a tracking stock for Liberty’s Live Nation stake, has a market cap of $8.93B and a negative P/E (-186.92); analysts’ consensus rating is "Reduce" (one Hold, one Sell), and the 1‑year range is $60.55–$102.62.
  • Five stocks to consider instead of Liberty Media Corporation - Liberty Live Series C.

Quantbot Technologies LP purchased a new stake in Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 18,461 shares of the company's stock, valued at approximately $1,790,000.

A number of other hedge funds and other institutional investors have also modified their holdings of LLYVK. TD Private Client Wealth LLC purchased a new position in shares of Liberty Media Corporation - Liberty Live Series C during the 3rd quarter worth $26,000. Mather Group LLC. acquired a new stake in Liberty Media Corporation - Liberty Live Series C during the third quarter worth about $43,000. Aster Capital Management DIFC Ltd purchased a new position in Liberty Media Corporation - Liberty Live Series C during the third quarter worth about $83,000. Quent Capital LLC acquired a new position in Liberty Media Corporation - Liberty Live Series C in the 3rd quarter valued at about $104,000. Finally, Bessemer Group Inc. boosted its holdings in Liberty Media Corporation - Liberty Live Series C by 579.3% in the 3rd quarter. Bessemer Group Inc. now owns 1,216 shares of the company's stock valued at $118,000 after purchasing an additional 1,037 shares during the last quarter. 60.36% of the stock is owned by institutional investors and hedge funds.

Liberty Media Corporation - Liberty Live Series C Stock Performance

Liberty Media Corporation - Liberty Live Series C stock opened at $97.20 on Thursday. The company has a market capitalization of $8.93 billion, a price-to-earnings ratio of -186.92 and a beta of 1.26. The company's 50 day simple moving average is $87.35 and its 200-day simple moving average is $88.94. Liberty Media Corporation - Liberty Live Series C has a 1 year low of $60.55 and a 1 year high of $102.62.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on LLYVK. Weiss Ratings reiterated a "sell (d)" rating on shares of Liberty Media Corporation - Liberty Live Series C in a report on Thursday, January 22nd. Wall Street Zen raised Liberty Media Corporation - Liberty Live Series C to a "sell" rating in a research note on Saturday, February 28th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Liberty Media Corporation - Liberty Live Series C presently has a consensus rating of "Reduce".

View Our Latest Report on LLYVK

Insider Buying and Selling at Liberty Media Corporation - Liberty Live Series C

In other Liberty Media Corporation - Liberty Live Series C news, major shareholder Berkshire Hathaway Inc sold 66,568 shares of Liberty Media Corporation - Liberty Live Series C stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $83.27, for a total value of $5,543,117.36. Following the completion of the transaction, the insider directly owned 10,703,007 shares of the company's stock, valued at $891,239,392.89. The trade was a 0.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Chase Carey sold 83,536 shares of the business's stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $96.95, for a total transaction of $8,098,815.20. Following the sale, the director owned 94,356 shares in the company, valued at $9,147,814.20. This trade represents a 46.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 497,554 shares of company stock valued at $43,484,018.

Liberty Media Corporation - Liberty Live Series C Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK)

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.

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