Corvex Management LP Has $68.66 Million Stock Holdings in Liberty Media Corporation – Liberty Live Series A $LLYVA

Corvex Management LP trimmed its position in Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) by 33.4% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,021,144 shares of the company’s stock after selling 513,078 shares during the period. Liberty Media Corporation – Liberty Live Series A makes up 2.6% of Corvex Management LP’s portfolio, making the stock its 14th biggest holding. Corvex Management LP’s holdings in Liberty Media Corporation – Liberty Live Series A were worth $68,662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Impax Asset Management Group plc acquired a new position in Liberty Media Corporation – Liberty Live Series A in the 1st quarter valued at $637,000. Vanguard Group Inc. lifted its position in shares of Liberty Media Corporation – Liberty Live Series A by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 2,021,655 shares of the company’s stock valued at $135,936,000 after acquiring an additional 18,871 shares during the period. GAMMA Investing LLC lifted its position in shares of Liberty Media Corporation – Liberty Live Series A by 6,308.5% during the 1st quarter. GAMMA Investing LLC now owns 13,650 shares of the company’s stock valued at $918,000 after acquiring an additional 13,437 shares during the period. Wealthquest Corp bought a new stake in shares of Liberty Media Corporation – Liberty Live Series A during the 1st quarter valued at $25,108,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Liberty Media Corporation – Liberty Live Series A during the 1st quarter valued at $234,000. 25.07% of the stock is owned by institutional investors and hedge funds.

Liberty Media Corporation – Liberty Live Series A Stock Performance

NASDAQ:LLYVA opened at $93.65 on Thursday. The stock has a fifty day moving average price of $84.58 and a 200-day moving average price of $75.84. The company has a market cap of $8.60 billion, a price-to-earnings ratio of -30.02 and a beta of 1.39. Liberty Media Corporation – Liberty Live Series A has a fifty-two week low of $37.30 and a fifty-two week high of $95.91.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last announced its quarterly earnings data on Thursday, August 7th. The company reported ($1.93) earnings per share for the quarter, missing the consensus estimate of $1.22 by ($3.15).

About Liberty Media Corporation – Liberty Live Series A

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.