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Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA) Stock Price Down 4% - What's Next?

Liberty Media Corporation - Liberty Live Series A logo with Utilities background

Key Points

  • Liberty Media Corporation's Liberty Live Series A (NASDAQ:LLYVA) stock dropped 4% to $84.70, with a significant volume decrease of 65% compared to its average daily trading.
  • Wall Street analysts have mixed opinions on LLYVA, with one analyst upgrading the stock to a "hold" rating and another issuing a "sell" rating, resulting in an overall average rating of "Reduce."
  • Liberty Media reported a loss of $1.93 EPS in its latest quarterly earnings, missing analyst expectations by $3.15.
  • Interested in Liberty Media Corporation - Liberty Live Series A? Here are five stocks we like better.

Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA - Get Free Report) shares dropped 4% on Wednesday . The company traded as low as $85.31 and last traded at $84.70. Approximately 46,405 shares changed hands during trading, a decline of 65% from the average daily volume of 133,939 shares. The stock had previously closed at $88.25.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on LLYVA. Zacks Research upgraded Liberty Media Corporation - Liberty Live Series A to a "hold" rating in a research report on Tuesday, September 9th. Weiss Ratings reissued a "sell (d)" rating on shares of Liberty Media Corporation - Liberty Live Series A in a report on Wednesday. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Reduce".

Read Our Latest Stock Analysis on Liberty Media Corporation - Liberty Live Series A

Liberty Media Corporation - Liberty Live Series A Trading Down 4.4%

The firm has a market cap of $7.75 billion, a PE ratio of -27.03 and a beta of 1.34. The firm's 50 day simple moving average is $91.50 and its 200 day simple moving average is $79.94.

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

Institutional Investors Weigh In On Liberty Media Corporation - Liberty Live Series A

A number of hedge funds have recently bought and sold shares of the business. HB Wealth Management LLC raised its holdings in shares of Liberty Media Corporation - Liberty Live Series A by 4.9% in the first quarter. HB Wealth Management LLC now owns 3,841 shares of the company's stock worth $258,000 after buying an additional 179 shares during the period. PNC Financial Services Group Inc. increased its stake in Liberty Media Corporation - Liberty Live Series A by 14.8% in the second quarter. PNC Financial Services Group Inc. now owns 1,688 shares of the company's stock worth $134,000 after purchasing an additional 218 shares during the period. Kontiki Capital Management HK Ltd. increased its stake in Liberty Media Corporation - Liberty Live Series A by 3.4% in the first quarter. Kontiki Capital Management HK Ltd. now owns 8,529 shares of the company's stock worth $573,000 after purchasing an additional 280 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Liberty Media Corporation - Liberty Live Series A in the second quarter worth $25,000. Finally, CWM LLC increased its stake in Liberty Media Corporation - Liberty Live Series A by 35.0% in the second quarter. CWM LLC now owns 1,251 shares of the company's stock worth $99,000 after purchasing an additional 324 shares during the period. Hedge funds and other institutional investors own 25.07% of the company's stock.

About Liberty Media Corporation - Liberty Live Series A

(Get Free Report)

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.

See Also

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