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

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 June 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Liberty Media Corporation - Liberty Formula One Series C stock on May 28th. 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 Liberty Media Corporation - Liberty Formula One Series C NASDAQ: FWONK on 6/26/2025.

Liberty Media Corporation - Liberty Formula One Series C Price Performance

Shares of Liberty Media Corporation - Liberty Formula One Series C stock traded down $1.26 during midday trading on Thursday, hitting $103.34. The company had a trading volume of 1,003,621 shares, compared to its average volume of 938,769. The business's 50 day simple moving average is $100.43 and its two-hundred day simple moving average is $93.95. The stock has a market cap of $25.78 billion, a PE ratio of -258.35 and a beta of 0.47. Liberty Media Corporation - Liberty Formula One Series C has a 1-year low of $72.69 and a 1-year high of $106.26.

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

Analysts Set New Price Targets

FWONK has been the subject of a number of analyst reports. Sanford C. Bernstein raised shares of Liberty Media Corporation - Liberty Formula One Series C to a "hold" rating in a 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 report on Wednesday, May 21st. 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 company an "overweight" rating in a report on Wednesday, May 21st. Susquehanna lifted their price objective on shares of Liberty Media Corporation - Liberty Formula One Series C from $115.00 to $121.00 and gave the company a "positive" rating in a report on Wednesday, June 25th. Finally, Rosenblatt Securities increased their price objective on Liberty Media Corporation - Liberty Formula One Series C from $102.00 to $107.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Two research analysts have rated the stock with a sell rating, two have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $107.25.

Insider Activity

In related news, Director Chase Carey sold 50,000 shares of Liberty Media Corporation - Liberty Formula One Series C stock in a transaction 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 sale, the director owned 93,102 shares of the company's stock, valued at $8,807,449.20. The trade was a 34.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 4.31% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Liberty Media Corporation - Liberty Formula One Series C

Several institutional investors and hedge funds have recently made changes to their positions in FWONK. Hahn Capital Management LLC raised its holdings in Liberty Media Corporation - Liberty Formula One Series C by 47.7% in the 4th quarter. Hahn Capital Management LLC now owns 67,197 shares of the company's stock worth $6,226,000 after purchasing an additional 21,699 shares in the last quarter. Allstate Corp purchased a new position in Liberty Media Corporation - Liberty Formula One Series C during the fourth quarter valued at $571,000. Greenwood Gearhart Inc. increased its holdings in shares of Liberty Media Corporation - Liberty Formula One Series C by 2.7% during the fourth quarter. Greenwood Gearhart Inc. now owns 180,921 shares of the company's stock valued at $16,764,000 after acquiring an additional 4,761 shares in the last quarter. Public Employees Retirement System of Ohio increased its holdings in shares of Liberty Media Corporation - Liberty Formula One Series C by 1.2% during the fourth quarter. Public Employees Retirement System of Ohio now owns 405,019 shares of the company's stock valued at $37,529,000 after acquiring an additional 4,897 shares in the last quarter. Finally, California State Teachers Retirement System increased its holdings in shares of Liberty Media Corporation - Liberty Formula One Series C by 1.8% during the fourth quarter. California State Teachers Retirement System now owns 350,938 shares of the company's stock valued at $32,518,000 after acquiring an additional 6,297 shares in the last quarter. Institutional investors own 92.26% of the company's stock.

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.

About Liberty Media Corporation - Liberty Formula One Series C

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.