Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK) Sets New 12-Month High - Here's What Happened

Key Points

• Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK) reached a new 52-week high of $85.68 during trading, with a market capitalization of $7.87 billion.
• The company reported a quarterly EPS loss of ($0.18), missing the consensus estimate of $0.04 by ($0.22).
• Recent institutional investments included a 5.1% increase in holdings by TD Asset Management Inc and new stakes from multiple hedge funds, indicating strong institutional interest.

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 Monday . The company traded as high as $85.68 and last traded at $85.68, with a volume of 355387 shares trading hands. The stock had previously closed at $85.25.

Liberty Media Corporation - Liberty Live Series C Trading Up 0.5%

The business's 50 day moving average price is $78.52 and its two-hundred day moving average price is $73.88. The stock has a market cap of $7.87 billion, a P/E ratio of 317.33 and a beta of 1.41.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.22).

Insider Transactions at Liberty Media Corporation - Liberty Live Series C

In other Liberty Media Corporation - Liberty Live Series C 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 shares were sold at an average price of $94.60, for a total value of $4,730,000.00. Following the completion of the transaction, the director directly owned 93,102 shares of the company's stock, valued at approximately $8,807,449.20. The trade was a 34.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in LLYVK. TD Asset Management Inc increased its holdings in Liberty Media Corporation - Liberty Live Series C by 5.1% during the second quarter. TD Asset Management Inc now owns 424,092 shares of the company's stock valued at $34,419,000 after buying an additional 20,442 shares during the last quarter. CWM LLC increased its holdings in Liberty Media Corporation - Liberty Live Series C by 31.4% during the second quarter. CWM LLC now owns 1,085 shares of the company's stock valued at $88,000 after buying an additional 259 shares during the last quarter. Vanguard Personalized Indexing Management LLC purchased a new stake in Liberty Media Corporation - Liberty Live Series C during the second quarter valued at approximately $311,000. Maryland State Retirement & Pension System purchased a new stake in Liberty Media Corporation - Liberty Live Series C during the second quarter valued at approximately $208,000. Finally, KLP Kapitalforvaltning AS boosted its position in shares of Liberty Media Corporation - Liberty Live Series C by 9.8% in the second quarter. KLP Kapitalforvaltning AS now owns 10,100 shares of the company's stock worth $820,000 after purchasing an additional 900 shares during the period. 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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