Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK) Reaches New 52-Week High - Here's What Happened

Key Points

• Liberty Live Series C shares hit a new 52-week high at $100.00, showing a significant increase in trading volume of 38,495 shares.
• The company reported a quarterly EPS loss of ($1.93), missing analysts' estimates by ($3.15).
• Notable hedge funds such as ValueAct Holdings and T. Rowe Price have significantly increased their stakes in Liberty Live Series C, highlighting growing institutional interest.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $99.20 and last traded at $100.00, with a volume of 38495 shares trading hands. The stock had previously closed at $96.68.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Liberty Media Corporation - Liberty Live Series C to a "hold" rating in a report on Tuesday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Liberty Media Corporation - Liberty Live Series C currently has a consensus rating of "Hold".

Liberty Media Corporation - Liberty Live Series C Trading Down 1.4%

The business has a fifty day simple moving average of $89.38 and a two-hundred day simple moving average of $78.36. The company has a market cap of $9.23 billion, a PE ratio of -32.19 and a beta of 1.42.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - 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).

Institutional Trading of Liberty Media Corporation - Liberty Live Series C

Several large investors have recently added to or reduced their stakes in LLYVK. Northwestern Mutual Wealth Management Co. grew its holdings in Liberty Media Corporation - Liberty Live Series C by 203.3% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 458 shares of the company's stock valued at $31,000 after buying an additional 307 shares in the last quarter. Versant Capital Management Inc grew its holdings in Liberty Media Corporation - Liberty Live Series C by 410.9% in the 1st quarter. Versant Capital Management Inc now owns 751 shares of the company's stock valued at $51,000 after buying an additional 604 shares in the last quarter. State of Wyoming purchased a new stake in Liberty Media Corporation - Liberty Live Series C in the 1st quarter valued at $54,000. CWM LLC grew its holdings in Liberty Media Corporation - Liberty Live Series C by 31.4% in the 2nd quarter. CWM LLC now owns 1,085 shares of the company's stock valued at $88,000 after buying an additional 259 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in Liberty Media Corporation - Liberty Live Series C by 15.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,592 shares of the company's stock valued at $108,000 after buying an additional 214 shares in the last quarter. 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.