Rep. Gilbert Ray Cisneros, Jr. Sells Liberty Media Corporation - Liberty Formula One Series C (NASDAQ:FWONK) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Liberty Media Corporation - Liberty Formula One Series C (NASDAQ:FWONK). In a filing disclosed on July 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Liberty Media Corporation - Liberty Formula One Series C stock on June 26th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of SpringWorks Therapeutics NASDAQ: SWTX on 7/1/2025.
• Purchased $1,001 - $15,000 in shares of AppLovin NASDAQ: APP on 7/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 6/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 6/30/2025.
• Purchased $15,001 - $50,000 in shares of CoStar Group NASDAQ: CSGP on 6/27/2025.
• Purchased $1,001 - $15,000 in shares of Xiaomi OTCMKTS: XIACF on 6/27/2025.
• Sold $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 6/27/2025.
• Sold $1,001 - $15,000 in shares of Willis Towers Watson Public NASDAQ: WTW on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Boston Scientific NYSE: BSX on 6/26/2025.
• Sold $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 6/25/2025.

Liberty Media Corporation - Liberty Formula One Series C Trading Up 1.9%

Liberty Media Corporation - Liberty Formula One Series C stock traded up $1.96 during trading hours on Thursday, reaching $103.28. 931,667 shares of the stock were exchanged, compared to its average volume of 1,184,884. The company has a market cap of $25.76 billion, a P/E ratio of -258.20 and a beta of 0.47. Liberty Media Corporation - Liberty Formula One Series C has a twelve month low of $72.69 and a twelve month high of $106.26. The stock has a 50 day moving average of $99.67 and a two-hundred day moving average of $93.57.

Liberty Media Corporation - Liberty Formula One Series C (NASDAQ:FWONK - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.18) by $0.23. The firm had revenue of $447.00 million for the quarter, compared to analyst estimates of $440.80 million. On average, analysts expect that Liberty Media Corporation - Liberty Formula One Series C will post 1.36 earnings per share for the current fiscal year.

Institutional Trading of Liberty Media Corporation - Liberty Formula One Series C

Hedge funds have recently added to or reduced their stakes in the stock. Allstate Corp purchased a new position in shares of Liberty Media Corporation - Liberty Formula One Series C during the 4th quarter worth approximately $571,000. Greenwood Gearhart Inc. increased its stake in Liberty Media Corporation - Liberty Formula One Series C by 2.7% in the 4th quarter. Greenwood Gearhart Inc. now owns 180,921 shares of the company's stock valued at $16,764,000 after purchasing an additional 4,761 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in Liberty Media Corporation - Liberty Formula One Series C by 1.2% in the 4th quarter. Public Employees Retirement System of Ohio now owns 405,019 shares of the company's stock valued at $37,529,000 after purchasing an additional 4,897 shares in the last quarter. California State Teachers Retirement System increased its stake in Liberty Media Corporation - Liberty Formula One Series C by 1.8% in the 4th quarter. California State Teachers Retirement System now owns 350,938 shares of the company's stock valued at $32,518,000 after purchasing an additional 6,297 shares in the last quarter. Finally, Versant Capital Management Inc increased its stake in Liberty Media Corporation - Liberty Formula One Series C by 1,378.8% in the 1st quarter. Versant Capital Management Inc now owns 2,159 shares of the company's stock valued at $194,000 after purchasing an additional 2,013 shares in the last quarter. 92.26% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Chase Carey sold 50,000 shares of the firm's stock in a transaction that occurred on 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 transaction, the director directly owned 93,102 shares of the company's stock, valued at $8,807,449.20. This trade represents a 34.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.31% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Liberty Media Corporation - Liberty Formula One Series C from $105.00 to $108.00 and gave the stock an "overweight" rating in a report on Wednesday, May 21st. Rosenblatt Securities upped their price target on Liberty Media Corporation - Liberty Formula One Series C from $102.00 to $107.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Wall Street Zen cut shares of Liberty Media Corporation - Liberty Formula One Series C from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st. Susquehanna upped their price objective on shares of Liberty Media Corporation - Liberty Formula One Series C from $115.00 to $121.00 and gave the stock a "positive" rating in a research report on Wednesday, June 25th. Finally, Sanford C. Bernstein upgraded shares of Liberty Media Corporation - Liberty Formula One Series C to a "hold" rating in a research report on Wednesday, June 4th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Liberty Media Corporation - Liberty Formula One Series C presently has a consensus rating of "Hold" and a consensus target price of $103.00.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Liberty Media Corporation - Liberty Formula One Series C Company Profile

Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship.

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