Opera Trading Capital lowered its holdings in shares of Liberty Media Corporation (NASDAQ:LSXMA) by 27.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,966 shares of the technology company’s stock after selling 13,566 shares during the quarter. Opera Trading Capital’s holdings in Liberty Media Corporation were worth $1,507,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of LSXMA. Daiwa Securities Group Inc. boosted its holdings in Liberty Media Corporation by 28.3% during the 2nd quarter. Daiwa Securities Group Inc. now owns 2,950 shares of the technology company’s stock valued at $124,000 after acquiring an additional 650 shares during the period. Oppenheimer Asset Management Inc. purchased a new position in Liberty Media Corporation during the 1st quarter valued at $127,000. US Bancorp DE raised its position in Liberty Media Corporation by 25.5% during the 2nd quarter. US Bancorp DE now owns 3,539 shares of the technology company’s stock valued at $149,000 after purchasing an additional 718 shares in the last quarter. C M Bidwell & Associates Ltd. bought a new stake in Liberty Media Corporation during the 2nd quarter valued at $195,000. Finally, BB&T Securities LLC bought a new stake in Liberty Media Corporation during the 2nd quarter valued at $207,000. Institutional investors own 24.53% of the company’s stock.

A number of equities research analysts have weighed in on LSXMA shares. Pivotal Research lifted their target price on Liberty Media Corporation from $54.00 to $58.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. Bank of America Corporation boosted their price target on Liberty Media Corporation from $46.00 to $54.00 and gave the stock a “buy” rating in a research report on Thursday, October 12th. 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 research report on Monday, August 7th. Finally, B. Riley reissued a “buy” rating on shares of Liberty Media Corporation in a research report on Wednesday, November 1st. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Liberty Media Corporation has an average rating of “Buy” and an average target price of $49.17.

In related news, Chairman John C. Malone sold 18,000 shares of the stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $43.28, for a total value of $779,040.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Malcolm Ian Grant Gilchrist sold 1,826 shares of the stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $36.52, for a total value of $66,685.52. Following the completion of the sale, the director now directly owns 823 shares of the company’s stock, valued at approximately $30,055.96. The disclosure for this sale can be found here. Insiders have sold 1,017,487 shares of company stock valued at $41,728,544 in the last three months.

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Liberty Media Corporation (LSXMA) traded up $0.54 during trading on Monday, reaching $41.02. The company’s stock had a trading volume of 400,000 shares, compared to its average volume of 496,667. Liberty Media Corporation has a twelve month low of $33.79 and a twelve month high of $46.43. The stock has a market cap of $23,490.00 and a P/E ratio of 25.32.

Liberty Media Corporation Company Profile

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

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