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Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK) Sets New 1-Year High - What's Next?

Liberty Media Corporation - Liberty Live Series C logo with Consumer Discretionary background

Key Points

  • Liberty Media Corporation's Liberty Live Series C (NASDAQ: LLYVK) reached a new 52-week high of $96.18, closing at $95.84 with a trading volume of 378,357 shares.
  • The company reported a quarterly loss of ($1.93) EPS, missing analyst estimates significantly, as well as having a market capitalization of $8.81 billion and a P/E ratio of -30.72.
  • Institutional ownership is high, with 60.36% of the stock owned by institutional investors, reflecting interest from firms including Raymond James and Price T Rowe Associates.
  • Want stock alerts on Liberty Media Corporation - Liberty Live Series C? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $96.18 and last traded at $95.84, with a volume of 378357 shares traded. The stock had previously closed at $95.06.

Liberty Media Corporation - Liberty Live Series C Trading Up 0.9%

The business has a 50 day simple moving average of $85.34 and a 200-day simple moving average of $76.85. The stock has a market capitalization of $8.95 billion, a price-to-earnings ratio of -31.22 and a beta of 1.40.

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

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

Several hedge funds and other institutional investors have recently modified their holdings of LLYVK. Northwestern Mutual Wealth Management Co. lifted its position in Liberty Media Corporation - Liberty Live Series C by 203.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 458 shares of the company's stock worth $31,000 after acquiring an additional 307 shares in the last quarter. Versant Capital Management Inc lifted its position in Liberty Media Corporation - Liberty Live Series C by 410.9% during the 1st quarter. Versant Capital Management Inc now owns 751 shares of the company's stock worth $51,000 after acquiring an additional 604 shares in the last quarter. State of Wyoming acquired a new position in Liberty Media Corporation - Liberty Live Series C during the 1st quarter worth approximately $54,000. CWM LLC increased its holdings in Liberty Media Corporation - Liberty Live Series C by 31.4% during the 2nd quarter. CWM LLC now owns 1,085 shares of the company's stock worth $88,000 after purchasing an additional 259 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in Liberty Media Corporation - Liberty Live Series C by 15.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,592 shares of the company's stock worth $108,000 after purchasing an additional 214 shares during the last quarter. 60.36% of the stock is owned by institutional investors and hedge funds.

About Liberty Media Corporation - Liberty Live Series C

(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.

Further Reading

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