Liberty Media Corporation (NASDAQ:LSXMA) Chairman John C. Malone sold 153,000 shares of Liberty Media Corporation stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $37.31, for a total value of $5,708,430.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Liberty Media Corporation (NASDAQ LSXMA) traded up 0.11% during midday trading on Thursday, hitting $43.55. The company had a trading volume of 88,015 shares. The firm has a market cap of $14.63 billion, a price-to-earnings ratio of 31.65 and a beta of 2.57. Liberty Media Corporation has a 52-week low of $31.83 and a 52-week high of $43.85. The stock has a 50 day moving average of $42.19 and a 200 day moving average of $42.19.

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Several institutional investors and hedge funds have recently modified their holdings of LSXMA. Waldron LP raised its position in shares of Liberty Media Corporation by 0.7% in the 1st quarter. Waldron LP now owns 25,384 shares of the technology company’s stock worth $985,000 after buying an additional 172 shares during the period. TD Asset Management Inc. purchased a new position in shares of Liberty Media Corporation in the 1st quarter worth $220,000. State of Wisconsin Investment Board raised its position in shares of Liberty Media Corporation by 21.5% in the 1st quarter. State of Wisconsin Investment Board now owns 60,289 shares of the technology company’s stock worth $2,346,000 after buying an additional 10,670 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Liberty Media Corporation by 3.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 8,738 shares of the technology company’s stock worth $340,000 after buying an additional 315 shares during the period. Finally, KBC Group NV raised its position in Liberty Media Corporation by 59.9% in the first quarter. KBC Group NV now owns 7,161 shares of the technology company’s stock valued at $279,000 after purchasing an additional 2,682 shares during the period. 24.67% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms have commented on LSXMA. Pivotal Research lifted their target price on Liberty Media Corporation from $51.00 to $54.00 and gave the company a “buy” rating in a research report on Tuesday, August 15th. Citigroup Inc. lifted their target price on Liberty Media Corporation from $40.00 to $47.00 and gave the company a “neutral” rating in a research report on Monday, August 7th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Liberty Media Corporation currently has a consensus rating of “Buy” and a consensus target price of $47.40.

Liberty Media Corporation Company Profile

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

Insider Buying and Selling by Quarter for Liberty Media Corporation (NASDAQ:LSXMA)

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