Artemis Investment Management LLP acquired a new position in Liberty Media Corporation (NASDAQ:FWONK) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 698,384 shares of the company’s stock, valued at approximately $25,578,000. Artemis Investment Management LLP owned about 0.35% of Liberty Media Corporation as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of FWONK. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in Liberty Media Corporation during the second quarter worth approximately $173,000. SG Americas Securities LLC bought a new position in Liberty Media Corporation during the second quarter worth approximately $183,000. Neuberger Berman Group LLC bought a new position in Liberty Media Corporation during the second quarter worth approximately $206,000. Teacher Retirement System of Texas bought a new position in Liberty Media Corporation during the second quarter worth approximately $272,000. Finally, Keybank National Association OH bought a new position in Liberty Media Corporation during the second quarter worth approximately $310,000. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Liberty Media Corporation (NASDAQ:FWONK) opened at 39.30 on Friday. The firm’s 50-day moving average price is $35.22 and its 200-day moving average price is $34.34. The company’s market cap is $8.45 billion. Liberty Media Corporation has a 1-year low of $20.77 and a 1-year high of $39.45.

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FWONK has been the topic of a number of recent research reports. Morgan Stanley restated an “equal weight” rating and set a $35.00 price objective (up previously from $29.00) on shares of Liberty Media Corporation in a research note on Thursday, June 1st. Barclays PLC initiated coverage on Liberty Media Corporation in a research note on Tuesday, May 23rd. They set an “equal weight” rating and a $33.00 price objective on the stock. Finally, Zacks Investment Research upgraded Liberty Media Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st.

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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Institutional Ownership by Quarter for Liberty Media Corporation (NASDAQ:FWONK)

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