S&CO Inc. Acquires New Holdings in Liberty Media Corporation - Liberty Live Series C $LLYVK

Key Points

• S&CO Inc. acquired 224,117 shares of Liberty Media’s Liberty Live Series C during the second quarter, valued at approximately $23.46 million. The position represents about 1.4% of S&CO’s portfolio and 0.24% of LLYVK’s outstanding shares.
• Institutional investors own approximately 60.36% of LLYVK, with several additional funds initiating or expanding positions in recent quarters.
• Analyst sentiment is negative: Weiss Ratings, Zacks Research and Wall Street Zen all issued or maintained sell-oriented ratings, while the stock recently reported a $2.92 quarterly EPS loss, missing the $0.42 consensus estimate despite higher-than-expected revenue.

S&CO Inc. bought a new position in shares of Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 224,117 shares of the company's stock, valued at approximately $23,459,000. Liberty Media Corporation - Liberty Live Series C accounts for about 1.4% of S&CO Inc.'s portfolio, making the stock its 19th largest position. S&CO Inc. owned approximately 0.24% of Liberty Media Corporation - Liberty Live Series C as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kelleher Financial Advisors bought a new position in Liberty Media Corporation - Liberty Live Series C in the 3rd quarter valued at $26,000. Western Wealth Management LLC bought a new position in shares of Liberty Media Corporation - Liberty Live Series C in the first quarter worth $29,000. Global Retirement Partners LLC bought a new position in shares of Liberty Media Corporation - Liberty Live Series C in the fourth quarter worth $43,000. EverSource Wealth Advisors LLC increased its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 83.0% in the first quarter. EverSource Wealth Advisors LLC now owns 507 shares of the company's stock worth $48,000 after purchasing an additional 230 shares during the period. Finally, Align Financial LLC purchased a new stake in shares of Liberty Media Corporation - Liberty Live Series C in the fourth quarter worth $48,000. 60.36% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on LLYVK shares. Weiss Ratings reissued a "sell (d-)" rating on shares of Liberty Media Corporation - Liberty Live Series C in a research note on Friday, May 29th. Zacks Research lowered Liberty Media Corporation - Liberty Live Series C from a "hold" rating to a "strong sell" rating in a research note on Wednesday. Finally, Wall Street Zen cut Liberty Media Corporation - Liberty Live Series C from a "hold" rating to a "sell" rating in a report on Saturday. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat, Liberty Media Corporation - Liberty Live Series C presently has a consensus rating of "Sell".

Liberty Media Corporation - Liberty Live Series C Price Performance

LLYVK stock opened at $108.86 on Friday. The firm has a 50 day simple moving average of $102.53 and a two-hundred day simple moving average of $97.25. The stock has a market cap of $10.02 billion, a PE ratio of -24.03 and a beta of 0.97. Liberty Media Corporation - Liberty Live Series C has a one year low of $76.93 and a one year high of $109.75.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) last posted its quarterly earnings data 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 analysts' expectations of $93.63 million. On average, research analysts expect that Liberty Media Corporation - Liberty Live Series C will post -7.69 EPS for the current fiscal year.

Liberty Media Corporation - Liberty Live Series C Profile

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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