Maven Securities LTD Takes $1.36 Million Position in Liberty Media Corporation – Liberty Live Series A $LLYVA

Maven Securities LTD bought a new stake in Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 13,475 shares of the company’s stock, valued at approximately $1,364,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quarry LP acquired a new position in Liberty Media Corporation – Liberty Live Series A during the fourth quarter valued at approximately $29,000. Arax Advisory Partners bought a new position in Liberty Media Corporation – Liberty Live Series A in the fourth quarter valued at approximately $42,000. Fifth Third Bancorp increased its position in shares of Liberty Media Corporation – Liberty Live Series A by 23,650.0% during the 1st quarter. Fifth Third Bancorp now owns 475 shares of the company’s stock worth $44,000 after purchasing an additional 473 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Liberty Media Corporation – Liberty Live Series A by 495.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,459 shares of the company’s stock worth $116,000 after purchasing an additional 1,214 shares during the last quarter. Finally, US Bancorp DE raised its stake in shares of Liberty Media Corporation – Liberty Live Series A by 51.8% during the 3rd quarter. US Bancorp DE now owns 1,469 shares of the company’s stock worth $139,000 after purchasing an additional 501 shares in the last quarter. Institutional investors own 25.07% of the company’s stock.

Liberty Media Corporation – Liberty Live Series A Stock Down 1.3%

NASDAQ:LLYVA opened at $94.34 on Wednesday. Liberty Media Corporation – Liberty Live Series A has a 12-month low of $74.38 and a 12-month high of $106.06. The firm has a market capitalization of $8.68 billion, a price-to-earnings ratio of -20.83 and a beta of 0.96. The stock’s 50 day moving average price is $99.96 and its two-hundred day moving average price is $96.28.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last issued its earnings results on Thursday, August 6th. The company reported ($2.92) EPS for the quarter, missing the consensus estimate of $0.42 by ($3.34). The firm had revenue of $147.06 million during the quarter, compared to the consensus estimate of $93.63 million. Equities research analysts expect that Liberty Media Corporation – Liberty Live Series A will post -7.69 EPS for the current year.

Wall Street Analyst Weigh In

LLYVA has been the subject of several analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research note on Wednesday, August 26th. Zacks Research lowered shares of Liberty Media Corporation – Liberty Live Series A from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 12th. Two research analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, Liberty Media Corporation – Liberty Live Series A currently has an average rating of “Sell”.

About Liberty Media Corporation – Liberty Live Series A

Liberty Media Corporation – Liberty Live Group Series A (NASDAQ:LLYVA) is a Class A tracking stock of Liberty Media Corporation that is focused on the company’s live sports and entertainment businesses. Headquartered in Englewood, Colorado, Liberty Media was founded in 1991 as a successor to Tele-Communications, Inc, and has since evolved into a diversified holding company. The Liberty Live Group tracking stock provides investors with direct exposure to a portfolio of live sports franchises and related enterprises within the broader Liberty Media framework.

The primary asset underlying the Liberty Live Group is a 100% ownership interest in the Atlanta Braves, one of Major League Baseball’s premier franchises based at Truist Park in Atlanta, Georgia.