Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK) Reaches New 12-Month High - Should You Buy?

Shares of Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) reached a new 52-week high on Monday . The company traded as high as $81.73 and last traded at $80.90, with a volume of 10790 shares trading hands. The stock had previously closed at $80.45.

Liberty Media Corporation - Liberty Live Series C Stock Performance

The stock has a 50-day moving average of $75.42 and a two-hundred day moving average of $72.14. The company has a market cap of $7.43 billion, a P/E ratio of 299.78 and a beta of 1.39.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) last issued its quarterly earnings results 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 C

In related news, Director Chase Carey sold 50,000 shares of Liberty Media Corporation - Liberty Live Series C stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $94.60, for a total value of $4,730,000.00. Following the completion of the sale, the director now directly owns 93,102 shares in the company, valued at approximately $8,807,449.20. This trade represents a 34.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

Institutional investors and hedge funds have recently modified their holdings of the company. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Liberty Media Corporation - Liberty Live Series C in the fourth quarter worth about $27,000. Northwestern Mutual Wealth Management Co. raised its stake 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 during the period. Lee Danner & Bass Inc. bought a new stake in Liberty Media Corporation - Liberty Live Series C during the 4th quarter worth approximately $37,000. Murphy & Mullick Capital Management Corp purchased a new position in Liberty Media Corporation - Liberty Live Series C during the fourth quarter valued at approximately $44,000. Finally, Versant Capital Management Inc boosted its position in shares of Liberty Media Corporation - Liberty Live Series C by 410.9% in the first quarter. Versant Capital Management Inc now owns 751 shares of the company's stock worth $51,000 after purchasing an additional 604 shares during the period. 60.36% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Media Corporation - Liberty Live Series C 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.

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