Liberty Media Corporation (NASDAQ:FWONA) had its price target raised by B. Riley from $33.00 to $35.00 in a report issued on Tuesday. The firm currently has a neutral rating on the stock. B. Riley also issued estimates for Liberty Media Corporation’s FY2019 earnings at $0.36 EPS and FY2020 earnings at $0.49 EPS.

FWONA has been the subject of several other reports. J P Morgan Chase & Co assumed coverage on shares of Liberty Media Corporation in a research report on Tuesday, October 3rd. They issued a hold rating and a $38.00 price objective for the company. FBR & Co boosted their price objective on shares of Liberty Media Corporation from $31.00 to $33.00 and gave the company a neutral rating in a research report on Tuesday, August 15th. Bank of America Corporation assumed coverage on shares of Liberty Media Corporation in a research report on Thursday, September 28th. They issued a buy rating and a $45.00 price objective for the company. Zacks Investment Research raised shares of Liberty Media Corporation from a strong sell rating to a hold rating in a research report on Tuesday, August 1st. Finally, Macquarie reissued a buy rating and issued a $45.00 price objective on shares of Liberty Media Corporation in a research report on Thursday, October 5th. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Liberty Media Corporation has a consensus rating of Hold and an average price target of $38.89.

Shares of Liberty Media Corporation (FWONA) traded down $0.77 during trading hours on Tuesday, reaching $34.42. 238,700 shares of the company traded hands, compared to its average volume of 322,273. Liberty Media Corporation has a one year low of $27.63 and a one year high of $39.37. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.43 and a current ratio of 0.43.

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In related news, 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 transaction of $66,685.52. Following the completion of the sale, the director now owns 823 shares of the company’s stock, valued at $30,055.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman John C. Malone sold 18,000 shares of the stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $41.99, for a total transaction of $755,820.00. Following the sale, the chairman now directly owns 14,634,102 shares of the company’s stock, valued at approximately $614,485,942.98. The disclosure for this sale can be found here. Insiders sold a total of 190,826 shares of company stock valued at $7,309,976 in the last ninety days. Corporate insiders own 5.34% of the company’s stock.

A number of large investors have recently bought and sold shares of FWONA. The Manufacturers Life Insurance Company acquired a new position in Liberty Media Corporation during the 2nd quarter valued at approximately $105,000. Great West Life Assurance Co. Can acquired a new position in Liberty Media Corporation during the 3rd quarter valued at approximately $105,000. Legal & General Group Plc acquired a new position in Liberty Media Corporation during the 2nd quarter valued at approximately $109,000. Howard Hughes Medical Institute acquired a new position in Liberty Media Corporation during the 2nd quarter valued at approximately $132,000. Finally, Public Employees Retirement Association of Colorado acquired a new position in Liberty Media Corporation during the 3rd quarter valued at approximately $204,000. 11.44% of the stock is owned by institutional investors.

Liberty Media Corporation Company Profile

Liberty Media Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. Through its subsidiaries and affiliates, the Company principally operates in North America. Its principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and the Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

Analyst Recommendations for Liberty Media Corporation (NASDAQ:FWONA)

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