Liberty Media Corporation (LSXMA) Receives Coverage Optimism Score of 0.19
News coverage about Liberty Media Corporation (NASDAQ:LSXMA) has been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Liberty Media Corporation earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 46.4908740800002 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have effected Accern’s rankings:
- Liberty Media Corporation (LSXMA) PT Raised to $54.00 at Bank of America Corporation (americanbankingnews.com)
- Contrasting Liberty Media Corporation (LSXMA) and Its Rivals (americanbankingnews.com)
- Analysts Expect Liberty Media Corporation (LSXMA) Will Announce Earnings of $0.39 Per Share (americanbankingnews.com)
- Contrasting Liberty Media Corporation (LSXMA) & Its Rivals (americanbankingnews.com)
- $1.38 Billion in Sales Expected for Liberty Media Corporation (LSXMA) This Quarter (americanbankingnews.com)
Shares of Liberty Media Corporation (NASDAQ LSXMA) opened at 43.45 on Monday. Liberty Media Corporation has a one year low of $31.83 and a one year high of $46.43. The company has a 50-day moving average price of $42.61 and a 200 day moving average price of $42.61. The company has a market capitalization of $14.60 billion, a PE ratio of 31.58 and a beta of 2.57.
A number of research analysts have issued reports on the company. Bank of America Corporation lifted their target price on Liberty Media Corporation from $46.00 to $54.00 and gave the company a “buy” rating in a research report on Thursday. Citigroup Inc. boosted their price target on Liberty Media Corporation from $40.00 to $47.00 and gave the stock a “neutral” rating in a report on Monday, August 7th. Finally, Pivotal Research boosted their price target on Liberty Media Corporation from $51.00 to $54.00 and gave the stock a “buy” rating in a report on Tuesday, August 15th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Liberty Media Corporation has a consensus rating of “Buy” and a consensus target price of $48.50.
In other news, Chairman John C. Malone sold 153,000 shares of Liberty Media Corporation stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $37.31, for a total value of $5,708,430.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Chairman John C. Malone sold 18,000 shares of Liberty Media Corporation stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $43.27, for a total value of $778,860.00. Following the completion of the sale, the chairman now owns 15,366,920 shares in the company, valued at $664,926,628.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,152,487 shares of company stock worth $46,997,594.
About Liberty Media Corporation
Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).
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