Insider Selling: Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) Director Sells 83,536 Shares of Stock

Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) Director Chase Carey sold 83,536 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $96.95, for a total transaction of $8,098,815.20. Following the completion of the sale, the director owned 94,356 shares in the company, valued at approximately $9,147,814.20. This trade represents a 46.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Chase Carey also recently made the following trade(s):

• On Tuesday, December 16th, Chase Carey sold 83,500 shares of Liberty Media Corporation – Liberty Live Series C stock. The stock was sold at an average price of $95.79, for a total value of $7,998,465.00.

Liberty Media Corporation – Liberty Live Series C Trading Up 0.2%

NASDAQ:LLYVK traded up $0.13 during trading hours on Thursday, hitting $84.47. 367,619 shares of the stock traded hands, compared to its average volume of 370,927. The firm has a market cap of $7.76 billion, a price-to-earnings ratio of -21.88 and a beta of 1.41. The firm has a 50 day moving average price of $85.49 and a 200 day moving average price of $86.77. Liberty Media Corporation – Liberty Live Series C has a fifty-two week low of $60.55 and a fifty-two week high of $102.62.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on LLYVK. Zacks Research upgraded shares of Liberty Media Corporation – Liberty Live Series C to a “hold” rating in a report on Tuesday, September 9th. Weiss Ratings reissued a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.

Institutional Investors Weigh In On Liberty Media Corporation – Liberty Live Series C

Several large investors have recently modified their holdings of the stock. CTC Alternative Strategies Ltd. bought a new position in shares of Liberty Media Corporation – Liberty Live Series C in the third quarter valued at approximately $213,000. Swiss Life Asset Management Ltd acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series C during the 3rd quarter worth approximately $205,000. CIBC Private Wealth Group LLC lifted its stake in Liberty Media Corporation – Liberty Live Series C by 58.4% in the third quarter. CIBC Private Wealth Group LLC now owns 3,275 shares of the company’s stock valued at $318,000 after buying an additional 1,207 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in Liberty Media Corporation – Liberty Live Series C in the third quarter worth $319,000. Finally, Harvest Investment Services LLC acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series C during the third quarter worth $803,000. 60.36% of the stock is currently owned by institutional investors.

About Liberty Media Corporation – Liberty Live Series C

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.