Liberty Media Corporation – Liberty Live Series A $LLYVA Position Cut by Virtu Financial LLC

Virtu Financial LLC decreased its stake in Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) by 23.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 273,429 shares of the company’s stock after selling 83,030 shares during the quarter. Liberty Media Corporation – Liberty Live Series A comprises 0.9% of Virtu Financial LLC’s portfolio, making the stock its 6th biggest holding. Virtu Financial LLC owned about 0.30% of Liberty Media Corporation – Liberty Live Series A worth $22,284,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of LLYVA. AQR Capital Management LLC lifted its position in shares of Liberty Media Corporation – Liberty Live Series A by 14.9% during the first quarter. AQR Capital Management LLC now owns 9,907 shares of the company’s stock worth $666,000 after purchasing an additional 1,285 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in Liberty Media Corporation – Liberty Live Series A in the 1st quarter worth about $282,000. Goldman Sachs Group Inc. grew its stake in Liberty Media Corporation – Liberty Live Series A by 16.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 41,392 shares of the company’s stock worth $2,783,000 after acquiring an additional 5,945 shares in the last quarter. Quantbot Technologies LP increased its position in shares of Liberty Media Corporation – Liberty Live Series A by 72.3% during the second quarter. Quantbot Technologies LP now owns 4,874 shares of the company’s stock worth $387,000 after acquiring an additional 2,045 shares during the period. Finally, Invesco Ltd. increased its position in shares of Liberty Media Corporation – Liberty Live Series A by 23.0% during the second quarter. Invesco Ltd. now owns 27,675 shares of the company’s stock worth $2,200,000 after acquiring an additional 5,171 shares during the period. Institutional investors own 25.07% of the company’s stock.

Liberty Media Corporation – Liberty Live Series A Stock Performance

Shares of Liberty Media Corporation – Liberty Live Series A stock opened at $94.94 on Friday. The company has a market capitalization of $8.73 billion, a PE ratio of -26.82 and a beta of 0.95. The company has a 50-day simple moving average of $94.37 and a two-hundred day simple moving average of $89.20. Liberty Media Corporation – Liberty Live Series A has a one year low of $74.38 and a one year high of $99.82.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last released its quarterly earnings results on Thursday, May 7th. The company reported ($3.20) EPS for the quarter, missing the consensus estimate of ($0.13) by ($3.07). The business had revenue of $63.62 million for the quarter, compared to analyst estimates of $70.40 million. On average, equities analysts predict that Liberty Media Corporation – Liberty Live Series A will post -3.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have commented on LLYVA. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a report on Friday, May 29th. Zacks Research downgraded Liberty Media Corporation – Liberty Live Series A from a “hold” rating to a “strong sell” rating in a research report on Monday, June 1st. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, Liberty Media Corporation – Liberty Live Series A currently has a consensus 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.