Gilder Gagnon Howe & Co. LLC Buys Shares of 17,003 Liberty Media Corporation (FWONK)
Gilder Gagnon Howe & Co. LLC purchased a new position in shares of Liberty Media Corporation (NASDAQ:FWONK) during the second quarter, Holdings Channel reports. The institutional investor purchased 17,003 shares of the company’s stock, valued at approximately $623,000.
Liberty Media Corporation (NASDAQ:FWONK) opened at 34.01 on Friday. The firm’s 50-day moving average price is $34.84 and its 200-day moving average price is $33.66. The firm’s market cap is $6.87 billion. Liberty Media Corporation has a 1-year low of $20.77 and a 1-year high of $37.18.
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A number of research firms have issued reports on FWONK. Morgan Stanley reiterated an “equal weight” rating and set a $35.00 price target (up previously from $29.00) on shares of Liberty Media Corporation in a research note on Thursday, June 1st. Zacks Investment Research upgraded Liberty Media Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Finally, Barclays PLC began coverage on Liberty Media Corporation in a research note on Tuesday, May 23rd. They set an “equal weight” rating and a $33.00 price target for the company.
Liberty Media Corporation Company Profile
Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media, communications and entertainment industries. Through its subsidiaries and affiliates, the Company operates in North America. The Company’s businesses and assets include its consolidated subsidiaries SIRIUS XM and the Atlanta National League Baseball Club, Inc, and its equity affiliate Live Nation Entertainment, Inc SIRIUS XM broadcasts music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its two satellite radio systems.
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