Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA) Hits New 1-Year High - Time to Buy?

Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA - Get Free Report) shares reached a new 52-week high on Friday . The stock traded as high as $79.78 and last traded at $79.36, with a volume of 29225 shares trading hands. The stock had previously closed at $77.94.

Liberty Media Corporation - Liberty Live Series A Stock Performance

The company's 50 day moving average is $72.94 and its 200 day moving average is $70.47. The stock has a market capitalization of $7.24 billion, a price-to-earnings ratio of 291.56 and a beta of 1.37.

Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.22).

Insider Activity

In other Liberty Media Corporation - Liberty Live Series A news, Director Chase Carey sold 100,000 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $96.38, for a total transaction of $9,638,000.00. Following the transaction, the director now owns 93,102 shares of the company's stock, valued at $8,973,170.76. The trade was a 51.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Institutional Trading of Liberty Media Corporation - Liberty Live Series A

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Liberty Media Corporation - Liberty Live Series A by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 2,002,784 shares of the company's stock valued at $133,305,000 after acquiring an additional 8,769 shares during the period. Handelsbanken Fonder AB acquired a new stake in Liberty Media Corporation - Liberty Live Series A in the 4th quarter valued at about $266,000. GAMMA Investing LLC grew its holdings in Liberty Media Corporation - Liberty Live Series A by 6,308.5% during the first quarter. GAMMA Investing LLC now owns 13,650 shares of the company's stock worth $918,000 after purchasing an additional 13,437 shares during the period. Russell Investments Group Ltd. increased its position in Liberty Media Corporation - Liberty Live Series A by 30.6% during the fourth quarter. Russell Investments Group Ltd. now owns 28,038 shares of the company's stock worth $1,866,000 after buying an additional 6,566 shares during the last quarter. Finally, Invesco Ltd. raised its stake in Liberty Media Corporation - Liberty Live Series A by 119.0% in the fourth quarter. Invesco Ltd. now owns 21,575 shares of the company's stock valued at $1,436,000 after buying an additional 11,723 shares during the period. 25.07% of the stock is owned by institutional investors.

About Liberty Media Corporation - Liberty Live Series A

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.