Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) Director Sells $9,028,000.00 in Stock

Posted by George Bondi on May 31st, 2026

Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK – Get Free Report) Director Chase Carey sold 100,000 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $90.28, for a total transaction of $9,028,000.00. Following the completion of the sale, the director owned 94,356 shares in the company, valued at approximately $8,518,459.68. This trade represents a 51.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Liberty Media Corporation – Liberty Formula One Series C Stock Performance

Shares of Liberty Media Corporation – Liberty Formula One Series C stock opened at $90.79 on Friday. The firm has a market cap of $20.35 billion, a PE ratio of 41.65 and a beta of 0.44. The firm’s 50-day simple moving average is $88.13 and its 200-day simple moving average is $90.29. Liberty Media Corporation – Liberty Formula One Series C has a 1 year low of $80.15 and a 1 year high of $109.36.

Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.09. The company had revenue of $711.00 million during the quarter, compared to analyst estimates of $683.42 million. On average, equities analysts predict that Liberty Media Corporation – Liberty Formula One Series C will post 1.96 earnings per share for the current year.

Wall Street Analysts Forecast Growth

FWONK has been the topic of several research reports. JPMorgan Chase & Co. dropped their price objective on shares of Liberty Media Corporation – Liberty Formula One Series C from $115.00 to $111.00 and set an “overweight” rating on the stock in a research note on Friday. Wells Fargo & Company increased their price objective on shares of Liberty Media Corporation – Liberty Formula One Series C from $89.00 to $97.00 and gave the stock an “equal weight” rating in a research note on Friday, May 8th. UBS Group dropped their price objective on shares of Liberty Media Corporation – Liberty Formula One Series C from $107.00 to $104.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 15th. Weiss Ratings upgraded shares of Liberty Media Corporation – Liberty Formula One Series C from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Finally, Wall Street Zen lowered shares of Liberty Media Corporation – Liberty Formula One Series C from a “hold” rating to a “sell” rating in a research note on Sunday, May 17th. Six analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $111.22.

View Our Latest Analysis on FWONK

Institutional Investors Weigh In On Liberty Media Corporation – Liberty Formula One Series C

Large investors have recently made changes to their positions in the company. Zions Bancorporation National Association UT increased its stake in shares of Liberty Media Corporation – Liberty Formula One Series C by 172.5% in the fourth quarter. Zions Bancorporation National Association UT now owns 297 shares of the company’s stock valued at $29,000 after purchasing an additional 188 shares during the period. Advisory Services Network LLC bought a new stake in Liberty Media Corporation – Liberty Formula One Series C during the third quarter worth approximately $34,000. Headlands Technologies LLC bought a new stake in Liberty Media Corporation – Liberty Formula One Series C during the second quarter worth approximately $38,000. Osterweis Capital Management Inc. bought a new stake in Liberty Media Corporation – Liberty Formula One Series C during the second quarter worth approximately $39,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its holdings in Liberty Media Corporation – Liberty Formula One Series C by 70.0% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 425 shares of the company’s stock worth $42,000 after buying an additional 175 shares in the last quarter. Institutional investors and hedge funds own 92.26% of the company’s stock.

Liberty Media Corporation – Liberty Formula One Series C Company Profile

(Get Free Report)

Liberty Media Corporation – Liberty Formula One Series C (NASDAQ: FWONK) is a tracking stock that represents Liberty Media’s economic interest in the Formula One Group, the commercial operator of the FIA Formula One World Championship. Liberty Media is a diversified media and entertainment company that owns and manages a portfolio of media, communications and entertainment businesses. The Formula One Group conducts the commercial activities of one of the world’s largest motor sports properties, packaging live races, media rights, sponsorships, licensing and related consumer products around a global sporting calendar.

The Formula One business comprises the sale and distribution of broadcast and digital media rights, race promotion and event management, sponsorship and brand partnerships, merchandising and licensing, and direct-to-consumer digital products and services.