ING Groep NV bought a new stake in Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK – Free Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 21,600 shares of the company’s stock, valued at approximately $1,796,000.
A number of other institutional investors also recently made changes to their positions in the business. Kelleher Financial Advisors acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series C during the 3rd quarter valued at approximately $26,000. Global Retirement Partners LLC acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series C during the 4th quarter valued at approximately $43,000. Schroder Investment Management Group acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series C during the 3rd quarter valued at approximately $57,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series C during the 3rd quarter valued at approximately $83,000. Finally, Bessemer Group Inc. raised its position in shares of Liberty Media Corporation – Liberty Live Series C by 579.3% during the 3rd quarter. Bessemer Group Inc. now owns 1,216 shares of the company’s stock valued at $118,000 after acquiring an additional 1,037 shares in the last quarter. 60.36% of the stock is owned by institutional investors and hedge funds.
Liberty Media Corporation – Liberty Live Series C Price Performance
Shares of NASDAQ LLYVK opened at $94.66 on Wednesday. Liberty Media Corporation – Liberty Live Series C has a 1-year low of $73.10 and a 1-year high of $102.62. The business’s fifty day moving average price is $96.42 and its two-hundred day moving average price is $90.50. The firm has a market capitalization of $8.71 billion, a PE ratio of -26.74 and a beta of 0.97.
Analyst Upgrades and Downgrades
LLYVK has been the topic of several research reports. Zacks Research lowered Liberty Media Corporation – Liberty Live Series C from a “hold” rating to a “strong sell” rating in a research report on Monday, June 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research report on Friday, May 29th. Finally, Wall Street Zen raised Liberty Media Corporation – Liberty Live Series C from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Two investment analysts have rated the stock with a Sell rating, According to data from MarketBeat, Liberty Media Corporation – Liberty Live Series C currently has a consensus rating of “Sell”.
View Our Latest Analysis on Liberty Media Corporation – Liberty Live Series C
About Liberty Media Corporation – Liberty Live Series C
Liberty Media Corporation – Liberty Live Series C (NASDAQ: LLYVK) is a tracking stock designed to reflect the performance of Liberty Media’s investment in Live Nation Entertainment. Established in August 2023, the Liberty Live tracking stock allows investors to gain targeted exposure to the live entertainment sector without direct ownership of Liberty Media’s other diversified assets. The Series C shares trade separately, offering a clear view of the value and results generated by Live Nation’s global operations.
The underlying asset for the Liberty Live Series C shares is Liberty Media’s equity stake in Live Nation, one of the world’s leading live entertainment companies.
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