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

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) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $99.20 and last traded at $100.00, with a volume of 38495 shares. The stock had previously closed at $96.68.

Liberty Media Corporation - Liberty Live Series C Trading Up 3.4%

The stock has a market capitalization of $9.19 billion, a PE ratio of -32.04 and a beta of 1.41. The stock's fifty day simple moving average is $87.41 and its 200-day simple moving average is $77.57.

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

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

A number of hedge funds and other institutional investors have recently made changes to their positions in LLYVK. ValueAct Holdings L.P. boosted its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 136.9% in the 4th quarter. ValueAct Holdings L.P. now owns 3,168,788 shares of the company's stock worth $215,668,000 after buying an additional 1,831,288 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 20.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 8,395,466 shares of the company's stock worth $572,068,000 after buying an additional 1,426,605 shares during the last quarter. Norges Bank purchased a new position in shares of Liberty Media Corporation - Liberty Live Series C in the 2nd quarter worth about $58,978,000. JPMorgan Chase & Co. boosted its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 118.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 568,468 shares of the company's stock worth $46,137,000 after buying an additional 307,902 shares during the last quarter. Finally, JNE Partners LLP boosted its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 28.5% in the 4th quarter. JNE Partners LLP now owns 1,300,890 shares of the company's stock worth $88,539,000 after buying an additional 288,390 shares during the last quarter. 60.36% of the stock is owned by hedge funds and other institutional investors.

About Liberty Media Corporation - Liberty Live Series C

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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