Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA) Reaches New 52-Week High - What's Next?

Key Points

• Liberty Media Corporation's stock for Liberty Live Series A (NASDAQ:LLYVA) reached a new 52-week high of $97.57, representing a 3.7% increase from the previous close of $93.88.
• The company reported disappointing earnings, with an EPS of ($1.93), significantly missing analyst expectations of $1.22.
• Institutional investors have been increasing their stakes in Liberty Media, with notable raises from firms like ValueAct Holdings LP and Deutsche Bank AG.

Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The stock traded as high as $97.57 and last traded at $97.39, with a volume of 105430 shares changing hands. The stock had previously closed at $93.88.

Analyst Ratings Changes

Separately, Zacks Research raised Liberty Media Corporation - Liberty Live Series A to a "hold" rating in a report on Tuesday, September 9th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Liberty Media Corporation - Liberty Live Series A has a consensus rating of "Hold".

Liberty Media Corporation - Liberty Live Series A Trading Down 1.6%

The company has a market capitalization of $8.95 billion, a PE ratio of -31.22 and a beta of 1.39. The stock has a fifty day moving average of $87.06 and a two-hundred day moving average of $76.85.

Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported ($1.93) earnings per share for the quarter, missing analysts' consensus estimates of $1.22 by ($3.15).

Hedge Funds Weigh In On Liberty Media Corporation - Liberty Live Series A

A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Liberty Media Corporation - Liberty Live Series A by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 2,021,655 shares of the company's stock worth $135,936,000 after purchasing an additional 18,871 shares during the period. ValueAct Holdings L.P. increased its stake in Liberty Media Corporation - Liberty Live Series A by 88.8% in the 4th quarter. ValueAct Holdings L.P. now owns 1,268,448 shares of the company's stock worth $84,428,000 after purchasing an additional 596,648 shares during the period. Sculptor Capital LP increased its stake in Liberty Media Corporation - Liberty Live Series A by 8.4% in the 4th quarter. Sculptor Capital LP now owns 1,100,000 shares of the company's stock worth $73,216,000 after purchasing an additional 84,875 shares during the period. Pentwater Capital Management LP increased its stake in Liberty Media Corporation - Liberty Live Series A by 0.6% in the 1st quarter. Pentwater Capital Management LP now owns 615,000 shares of the company's stock worth $41,353,000 after purchasing an additional 3,500 shares during the period. Finally, Deutsche Bank AG increased its stake in Liberty Media Corporation - Liberty Live Series A by 567.7% in the 1st quarter. Deutsche Bank AG now owns 548,176 shares of the company's stock worth $36,859,000 after purchasing an additional 466,082 shares during the period. 25.07% of the stock is owned by hedge funds and other institutional investors.

Liberty Media Corporation - Liberty Live Series A Company 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.