Liberty Media Corporation – Liberty Live Series A (LLYVA) to Release Earnings on Thursday

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) is expected to be announcing its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of ($1.24) per share and revenue of $43.00 million for the quarter.

Liberty Media Corporation – Liberty Live Series A Trading Down 2.1%

LLYVA stock opened at $93.47 on Tuesday. The company has a market capitalization of $8.59 billion, a P/E ratio of -24.21 and a beta of 1.37. The business has a 50 day simple moving average of $83.55 and a 200-day simple moving average of $86.15. Liberty Media Corporation – Liberty Live Series A has a twelve month low of $59.45 and a twelve month high of $99.63.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Insider Buying and Selling at Liberty Media Corporation – Liberty Live Series A

In related news, Director Chase Carey sold 83,536 shares of Liberty Media Corporation – Liberty Live Series A stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $96.95, for a total value of $8,098,815.20. Following the transaction, the director directly owned 94,356 shares in the company, valued at $9,147,814.20. This trade represents a 46.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Berkshire Hathaway Inc sold 7,685 shares of the company’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $83.72, for a total transaction of $643,388.20. Following the transaction, the insider owned 10,587,143 shares of the company’s stock, valued at approximately $886,355,611.96. The trade was a 0.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 497,554 shares of company stock valued at $43,484,018.

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

A number of institutional investors have recently added to or reduced their stakes in LLYVA. Quarry LP purchased a new position in shares of Liberty Media Corporation – Liberty Live Series A during the 4th quarter worth approximately $29,000. US Bancorp DE raised its position in Liberty Media Corporation – Liberty Live Series A by 51.8% in the third quarter. US Bancorp DE now owns 1,469 shares of the company’s stock worth $139,000 after acquiring an additional 501 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in Liberty Media Corporation – Liberty Live Series A by 12.4% in the third quarter. Alliancebernstein L.P. now owns 4,575 shares of the company’s stock valued at $431,000 after acquiring an additional 504 shares during the period. Arax Advisory Partners purchased a new stake in shares of Liberty Media Corporation – Liberty Live Series A during the 4th quarter worth $42,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Liberty Media Corporation – Liberty Live Series A by 1.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 45,444 shares of the company’s stock worth $3,704,000 after purchasing an additional 552 shares in the last quarter. Hedge funds and other institutional investors own 25.07% of the company’s stock.

Liberty Media Corporation – Liberty Live Series A Company Profile

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.