AG2R LA Mondiale Gestion D Actifs Has $940,000 Stock Position in Liberty Media Corporation – Liberty Formula One Series C $FWONK

AG2R LA Mondiale Gestion D Actifs trimmed its position in Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) by 13.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,997 shares of the company’s stock after selling 1,355 shares during the quarter. AG2R LA Mondiale Gestion D Actifs’ holdings in Liberty Media Corporation – Liberty Formula One Series C were worth $940,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of FWONK. S Bank Fund Management Ltd acquired a new position in Liberty Media Corporation – Liberty Formula One Series C during the 2nd quarter valued at $347,000. Praxis Investment Management Inc. raised its stake in Liberty Media Corporation – Liberty Formula One Series C by 28.1% during the 2nd quarter. Praxis Investment Management Inc. now owns 12,640 shares of the company’s stock valued at $1,321,000 after purchasing an additional 2,770 shares during the last quarter. Cooper Investors PTY Ltd. raised its stake in Liberty Media Corporation – Liberty Formula One Series C by 6.6% during the 2nd quarter. Cooper Investors PTY Ltd. now owns 202,538 shares of the company’s stock valued at $21,165,000 after purchasing an additional 12,580 shares during the last quarter. Voya Investment Management LLC raised its stake in Liberty Media Corporation – Liberty Formula One Series C by 25.8% during the 1st quarter. Voya Investment Management LLC now owns 62,413 shares of the company’s stock valued at $5,618,000 after purchasing an additional 12,817 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake in shares of Liberty Media Corporation – Liberty Formula One Series C by 22.7% in the 1st quarter. Russell Investments Group Ltd. now owns 128,702 shares of the company’s stock valued at $11,570,000 after buying an additional 23,809 shares in the last quarter. 92.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Liberty Media Corporation – Liberty Formula One Series C news, Director Malcolm Ian Grant Gilchrist sold 898 shares of the stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $100.20, for a total transaction of $89,979.60. Following the sale, the director owned 1,781 shares of the company’s stock, valued at $178,456.20. This represents a 33.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last 90 days, insiders have sold 5,651 shares of company stock worth $572,250.

Liberty Media Corporation – Liberty Formula One Series C Stock Down 2.4%

Shares of Liberty Media Corporation – Liberty Formula One Series C stock opened at $94.65 on Monday. The stock has a market capitalization of $21.17 billion, a P/E ratio of 92.80 and a beta of 0.47. The company has a 50-day simple moving average of $101.82 and a 200 day simple moving average of $98.38. Liberty Media Corporation – Liberty Formula One Series C has a 12-month low of $75.26 and a 12-month high of $109.36.

Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) last announced its earnings results on Thursday, August 7th. The company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.71. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.28 billion. On average, equities analysts anticipate that Liberty Media Corporation – Liberty Formula One Series C will post 1.36 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on FWONK. Wells Fargo & Company dropped their price objective on shares of Liberty Media Corporation – Liberty Formula One Series C from $87.00 to $86.00 and set an “underweight” rating for the company in a research note on Friday, August 8th. Wall Street Zen cut shares of Liberty Media Corporation – Liberty Formula One Series C from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. The Goldman Sachs Group restated a “buy” rating and issued a $120.00 price objective on shares of Liberty Media Corporation – Liberty Formula One Series C in a research note on Tuesday, July 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Liberty Media Corporation – Liberty Formula One Series C in a research note on Tuesday, October 14th. Finally, Zacks Research cut shares of Liberty Media Corporation – Liberty Formula One Series C from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 9th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Liberty Media Corporation – Liberty Formula One Series C currently has an average rating of “Moderate Buy” and an average price target of $111.22.

Liberty Media Corporation – Liberty Formula One Series C 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.