Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA) Reaches New 52-Week High - Time to Buy?

Key Points

• Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA) reached a new 52-week high of $85.21 before closing at $83.70.
• The company reported a quarterly earnings per share (EPS) of ($0.18), missing the consensus estimate by ($0.22).
• Director Chase Carey sold 100,000 shares of the company at an average price of $96.38, resulting in a significant 51.79% decrease in their ownership.

Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $85.21 and last traded at $83.70, with a volume of 217598 shares changing hands. The stock had previously closed at $83.38.

Liberty Media Corporation - Liberty Live Series A Trading Down 2.2%

The business has a 50 day moving average of $77.76 and a two-hundred day moving average of $73.00. The firm has a market cap of $7.35 billion, a P/E ratio of 296.33 and a beta of 1.38.

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

Insider Activity at Liberty Media Corporation - Liberty Live Series A

In other Liberty Media Corporation - Liberty Live Series A news, Director Chase Carey sold 100,000 shares of Liberty Media Corporation - Liberty Live Series A stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $96.38, for a total value of $9,638,000.00. Following the transaction, the director owned 93,102 shares in the company, valued at $8,973,170.76. The trade was a 51.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Institutional Trading of Liberty Media Corporation - Liberty Live Series A

Several hedge funds and other institutional investors have recently made changes to their positions in LLYVA. Vanguard Group Inc. lifted its stake in shares of Liberty Media Corporation - Liberty Live Series A by 0.9% in the first quarter. Vanguard Group Inc. now owns 2,021,655 shares of the company's stock worth $135,936,000 after acquiring an additional 18,871 shares during the period. ValueAct Holdings L.P. lifted 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 worth $84,428,000 after acquiring an additional 596,648 shares during the period. Sculptor Capital LP lifted 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 worth $73,216,000 after acquiring an additional 84,875 shares during the period. Pentwater Capital Management LP lifted its stake in shares of Liberty Media Corporation - Liberty Live Series A by 0.6% in the first quarter. Pentwater Capital Management LP now owns 615,000 shares of the company's stock worth $41,353,000 after acquiring an additional 3,500 shares during the period. Finally, Deutsche Bank AG lifted its stake in shares of Liberty Media Corporation - Liberty Live Series A by 567.7% in the first quarter. Deutsche Bank AG now owns 548,176 shares of the company's stock worth $36,859,000 after acquiring an additional 466,082 shares during the period. 25.07% of the stock is currently 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.