373,410 Shares in Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA) Purchased by Wealthquest Corp

Key Points

• Wealthquest Corp acquired 373,410 shares of Liberty Media Corporation - Liberty Live Series A, valued at approximately $25.1 million, making it the company's 23rd largest position.
• In the first quarter, several institutional investors, including Parallel Advisors LLC, significantly increased their holdings in Liberty Media, highlighting growing interest in the stock.
• Liberty Media reported a loss of ($0.18) EPS for the most recent quarter, missing the analyst consensus estimate of $0.04 by $0.22.

Wealthquest Corp purchased a new position in shares of Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 373,410 shares of the company's stock, valued at approximately $25,108,000. Liberty Media Corporation - Liberty Live Series A comprises 1.1% of Wealthquest Corp's holdings, making the stock its 23rd biggest holding. Wealthquest Corp owned approximately 0.41% of Liberty Media Corporation - Liberty Live Series A at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Liberty Media Corporation - Liberty Live Series A by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 2,002,784 shares of the company's stock valued at $133,305,000 after buying an additional 8,769 shares during the period. ValueAct Holdings L.P. boosted its stake in shares of Liberty Media Corporation - Liberty Live Series A by 88.8% in the fourth quarter. ValueAct Holdings L.P. now owns 1,268,448 shares of the company's stock valued at $84,428,000 after buying an additional 596,648 shares during the period. Sculptor Capital LP boosted its stake in shares of Liberty Media Corporation - Liberty Live Series A by 8.4% in the fourth quarter. Sculptor Capital LP now owns 1,100,000 shares of the company's stock valued at $73,216,000 after buying an additional 84,875 shares during the period. Pentwater Capital Management LP boosted its stake in shares of Liberty Media Corporation - Liberty Live Series A by 2,346.0% in the fourth quarter. Pentwater Capital Management LP now owns 611,500 shares of the company's stock valued at $40,701,000 after buying an additional 586,500 shares during the period. Finally, Susquehanna International Group LLP boosted its stake in shares of Liberty Media Corporation - Liberty Live Series A by 352.1% in the fourth quarter. Susquehanna International Group LLP now owns 279,938 shares of the company's stock valued at $18,633,000 after buying an additional 218,014 shares during the period. Institutional investors and hedge funds own 25.07% of the company's stock.

Liberty Media Corporation - Liberty Live Series A Price Performance

NASDAQ LLYVA traded up $3.32 on Monday, reaching $83.33. The company had a trading volume of 104,243 shares, compared to its average volume of 132,951. The firm has a market cap of $7.65 billion, a price-to-earnings ratio of 308.63 and a beta of 1.38. The business has a 50 day moving average of $77.76 and a two-hundred day moving average of $73.07. Liberty Media Corporation - Liberty Live Series A has a fifty-two week low of $34.58 and a fifty-two week high of $85.67.

Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.22).

Insider Activity at Liberty Media Corporation - Liberty Live Series A

In other news, Director Chase Carey sold 100,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $96.38, for a total transaction of $9,638,000.00. Following the completion of the sale, the director owned 93,102 shares in the company, valued at $8,973,170.76. This trade represents a 51.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Liberty Media Corporation - Liberty Live Series A 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.