Insider Selling: Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Major Shareholder Sells 59,411 Shares of Stock

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) major shareholder Berkshire Hathaway Inc sold 59,411 shares of Liberty Media Corporation – Liberty Live Series A stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $83.79, for a total transaction of $4,978,047.69. Following the sale, the insider directly owned 10,612,953 shares of the company’s stock, valued at approximately $889,259,331.87. This trade represents a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Berkshire Hathaway Inc also recently made the following trade(s):

• On Friday, January 16th, Berkshire Hathaway Inc sold 7,685 shares of Liberty Media Corporation – Liberty Live Series A stock. The stock was sold at an average price of $83.72, for a total value of $643,388.20.
• On Thursday, January 15th, Berkshire Hathaway Inc sold 18,125 shares of Liberty Media Corporation – Liberty Live Series A stock. The shares were sold at an average price of $84.04, for a total value of $1,523,225.00.
• On Tuesday, January 13th, Berkshire Hathaway Inc sold 30,643 shares of Liberty Media Corporation – Liberty Live Series A stock. The shares were sold at an average price of $82.78, for a total value of $2,536,627.54.
• On Monday, January 12th, Berkshire Hathaway Inc sold 66,568 shares of Liberty Media Corporation – Liberty Live Series A stock. The shares were sold at an average price of $83.27, for a total transaction of $5,543,117.36.
• On Friday, January 9th, Berkshire Hathaway Inc sold 18,689 shares of Liberty Media Corporation – Liberty Live Series A stock. The stock was sold at an average price of $82.40, for a total transaction of $1,539,973.60.
• On Thursday, January 8th, Berkshire Hathaway Inc sold 65,071 shares of Liberty Media Corporation – Liberty Live Series A stock. The shares were sold at an average price of $82.25, for a total transaction of $5,352,089.75.
• On Wednesday, January 7th, Berkshire Hathaway Inc sold 44,100 shares of Liberty Media Corporation – Liberty Live Series A stock. The shares were sold at an average price of $81.22, for a total transaction of $3,581,802.00.
• On Tuesday, January 6th, Berkshire Hathaway Inc sold 20,226 shares of Liberty Media Corporation – Liberty Live Series A stock. The shares were sold at an average price of $83.48, for a total transaction of $1,688,466.48.

Liberty Media Corporation – Liberty Live Series A Stock Performance

NASDAQ LLYVA traded up $1.09 during trading hours on Tuesday, hitting $91.79. The company had a trading volume of 116,660 shares, compared to its average volume of 231,947. The business has a 50 day moving average of $82.43 and a 200-day moving average of $85.76. The company has a market cap of $8.44 billion, a PE ratio of -23.78 and a beta of 1.37. Liberty Media Corporation – Liberty Live Series A has a 1-year low of $59.45 and a 1-year high of $99.63.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a report on Thursday, January 22nd. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce”.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Liberty Media Corporation – Liberty Live Series A during the second quarter worth approximately $25,000. Quarry LP purchased a new position in Liberty Media Corporation – Liberty Live Series A during the 4th quarter worth $29,000. Camelot Portfolios LLC acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series A in the 4th quarter worth $42,000. Arax Advisory Partners purchased a new stake in shares of Liberty Media Corporation – Liberty Live Series A in the fourth quarter valued at about $42,000. Finally, Federated Hermes Inc. acquired a new position in shares of Liberty Media Corporation – Liberty Live Series A during the third quarter worth about $64,000. Institutional investors and hedge funds own 25.07% of the company’s stock.

Trending Headlines about Liberty Media Corporation – Liberty Live Series A

Here are the key news stories impacting Liberty Media Corporation – Liberty Live Series A this week:

• Positive Sentiment: No reported short interest — As of Feb. 16 the reported short interest for LLYVA was 0 shares with a days-to-cover of 0.0, which removes short-squeeze dynamics and short-pressure downside from the immediate picture.
• Neutral Sentiment: Berkshire still a large holder — Despite the sales below, Berkshire Hathaway continues to own roughly 10.6 million shares (valued at ~ $880–$910M in filings), keeping it as a material long-term stakeholder in LLYVA.
• Negative Sentiment: Insider sales by Berkshire Hathaway — Between Jan. 6 and Jan. 16 Berkshire disclosed multiple open-market sales totaling approximately 330,518 shares for aggregate proceeds near $27.4M. Each filing shows only a small percentage reduction in its stake (reported per-trade decreases of ~0.07%–0.62%), but the cluster of sales can be read negatively by some investors. SEC Ownership Filings

About Liberty Media Corporation – Liberty Live Series A

Liberty Media Corporation – Liberty Live Group Series A (NASDAQ:LLYVA) is a Class A tracking stock of Liberty Media Corporation that is focused on the company’s live sports and entertainment businesses. Headquartered in Englewood, Colorado, Liberty Media was founded in 1991 as a successor to Tele-Communications, Inc, and has since evolved into a diversified holding company. The Liberty Live Group tracking stock provides investors with direct exposure to a portfolio of live sports franchises and related enterprises within the broader Liberty Media framework.

The primary asset underlying the Liberty Live Group is a 100% ownership interest in the Atlanta Braves, one of Major League Baseball’s premier franchises based at Truist Park in Atlanta, Georgia.