Liberty Media Formula One Series A (NASDAQ:FWONA) insider Richard N. Baer sold 19,988 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $41.51, for a total transaction of $829,701.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of NASDAQ:FWONA opened at $34.17 on Friday. The company has a market capitalization of $7.89 billion, a P/E ratio of -52.57 and a beta of 0.98. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.33 and a current ratio of 0.33. Liberty Media Formula One Series A has a fifty-two week low of $26.63 and a fifty-two week high of $37.32.

Several brokerages have recently issued reports on FWONA. Pivotal Research reaffirmed a “buy” rating and issued a $43.00 target price on shares of Liberty Media Formula One Series A in a research note on Friday, March 1st. Zacks Investment Research upgraded shares of Liberty Media Formula One Series A from a “sell” rating to a “hold” rating in a research report on Friday, February 15th. Finally, ValuEngine upgraded shares of Liberty Media Formula One Series A from a “hold” rating to a “buy” rating in a research report on Friday, December 7th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $39.80.

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc raised its holdings in Liberty Media Formula One Series A by 4.5% during the 3rd quarter. Vanguard Group Inc now owns 2,291,988 shares of the company’s stock worth $81,549,000 after buying an additional 98,167 shares during the period. Fairview Capital Investment Management LLC raised its holdings in Liberty Media Formula One Series A by 6.0% during the 3rd quarter. Fairview Capital Investment Management LLC now owns 1,165,915 shares of the company’s stock worth $41,483,000 after buying an additional 65,915 shares during the period. BlackRock Inc. raised its holdings in Liberty Media Formula One Series A by 5.9% during the 4th quarter. BlackRock Inc. now owns 1,057,067 shares of the company’s stock worth $31,416,000 after buying an additional 58,597 shares during the period. Odey Asset Management Group Ltd raised its holdings in Liberty Media Formula One Series A by 0.4% during the 4th quarter. Odey Asset Management Group Ltd now owns 955,527 shares of the company’s stock worth $28,398,000 after buying an additional 4,027 shares during the period. Finally, FMR LLC raised its holdings in Liberty Media Formula One Series A by 42.0% during the 4th quarter. FMR LLC now owns 847,389 shares of the company’s stock worth $25,185,000 after buying an additional 250,718 shares during the period. Institutional investors and hedge funds own 10.14% of the company’s stock.

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Liberty Media Formula One Series A Company Profile

Formula One Group operates in the motorsports business. It holds commercial rights for the world championship, a motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. The company is based in Englewood, Colorado.

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Insider Buying and Selling by Quarter for Liberty Media Formula One Series A (NASDAQ:FWONA)

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