SG Americas Securities LLC Buys 40,626 Shares of Liberty Media Corporation – Liberty Live Series C $LLYVK

SG Americas Securities LLC raised its stake in Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) by 287.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,774 shares of the company’s stock after acquiring an additional 40,626 shares during the period. SG Americas Securities LLC’s holdings in Liberty Media Corporation – Liberty Live Series C were worth $5,311,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Voya Investment Management LLC increased its position in shares of Liberty Media Corporation – Liberty Live Series C by 2.9% in the first quarter. Voya Investment Management LLC now owns 5,802 shares of the company’s stock worth $395,000 after purchasing an additional 164 shares during the period. Simon Quick Advisors LLC grew its stake in Liberty Media Corporation – Liberty Live Series C by 5.3% during the second quarter. Simon Quick Advisors LLC now owns 3,259 shares of the company’s stock worth $264,000 after buying an additional 165 shares in the last quarter. State Board of Administration of Florida Retirement System increased its holdings in Liberty Media Corporation – Liberty Live Series C by 0.4% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 52,532 shares of the company’s stock valued at $4,263,000 after buying an additional 220 shares during the period. CWM LLC raised its position in shares of 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, Wealth Enhancement Advisory Services LLC raised its position in shares of Liberty Media Corporation – Liberty Live Series C by 2.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 12,471 shares of the company’s stock valued at $1,018,000 after buying an additional 280 shares in the last quarter. 60.36% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series C Stock Down 1.0%

NASDAQ:LLYVK opened at $82.03 on Friday. Liberty Media Corporation – Liberty Live Series C has a twelve month low of $60.55 and a twelve month high of $102.62. The stock’s 50-day simple moving average is $83.01 and its 200 day simple moving average is $87.57. The firm has a market capitalization of $7.54 billion, a PE ratio of -21.25 and a beta of 1.40.

Insider Buying and Selling at Liberty Media Corporation – Liberty Live Series C

In other news, Director Chase Carey sold 83,536 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $96.95, for a total value of $8,098,815.20. Following the sale, the director directly owned 94,356 shares in the company, valued at approximately $9,147,814.20. This trade represents a 46.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

About Liberty Media Corporation – Liberty Live Series C

Liberty Media Corporation – Liberty Live Series C (NASDAQ: LLYVK) is a tracking stock designed to reflect the performance of Liberty Media’s investment in Live Nation Entertainment. Established in August 2023, the Liberty Live tracking stock allows investors to gain targeted exposure to the live entertainment sector without direct ownership of Liberty Media’s other diversified assets. The Series C shares trade separately, offering a clear view of the value and results generated by Live Nation’s global operations.

The underlying asset for the Liberty Live Series C shares is Liberty Media’s equity stake in Live Nation, one of the world’s leading live entertainment companies.