Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Hits New 52-Week High – Time to Buy?

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $79.78 and last traded at $79.36, with a volume of 29225 shares changing hands. The stock had previously closed at $77.94.

Liberty Media Corporation – Liberty Live Series A Stock Up 0.6%

The stock has a fifty day simple moving average of $73.17 and a 200 day simple moving average of $70.50. The firm has a market capitalization of $7.20 billion, a P/E ratio of 290.52 and a beta of 1.37.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last posted its quarterly earnings results on Wednesday, May 7th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.22).

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

In other news, Director Chase Carey sold 100,000 shares of Liberty Media Corporation – Liberty Live Series A stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $96.38, for a total value of $9,638,000.00. Following the sale, the director now directly owns 93,102 shares of the company’s stock, valued at approximately $8,973,170.76. The trade was a 51.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Institutional Investors Weigh In On Liberty Media Corporation – Liberty Live Series A

Several large investors have recently made changes to their positions in LLYVA. ValueAct Holdings L.P. increased its holdings in shares of Liberty Media Corporation – Liberty Live Series A by 88.8% in the fourth quarter. ValueAct Holdings L.P. now owns 1,268,448 shares of the company’s stock worth $84,428,000 after purchasing an additional 596,648 shares during the last quarter. Pentwater Capital Management LP increased its stake in Liberty Media Corporation – Liberty Live Series A by 2,346.0% during the fourth quarter. Pentwater Capital Management LP now owns 611,500 shares of the company’s stock worth $40,701,000 after acquiring an additional 586,500 shares during the last quarter. Deutsche Bank AG increased its stake in Liberty Media Corporation – Liberty Live Series A by 567.7% during the first quarter. Deutsche Bank AG now owns 548,176 shares of the company’s stock worth $36,859,000 after acquiring an additional 466,082 shares during the last quarter. Wealthquest Corp bought a new stake in Liberty Media Corporation – Liberty Live Series A during the first quarter worth approximately $25,108,000. Finally, JNE Partners LLP increased its stake in Liberty Media Corporation – Liberty Live Series A by 7,067.8% during the first quarter. JNE Partners LLP now owns 240,121 shares of the company’s stock worth $16,146,000 after acquiring an additional 236,771 shares during the last quarter. 25.07% of the stock is owned by institutional investors.

Liberty Media Corporation – Liberty Live Series A Company Profile

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.