VIRGINIA RETIREMENT SYSTEMS ET Al Sells 11,050 Shares of Liberty Media Corporation – Liberty Live Series C $LLYVK

VIRGINIA RETIREMENT SYSTEMS ET Al lowered its holdings in shares of Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) by 64.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,004 shares of the company’s stock after selling 11,050 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Liberty Media Corporation – Liberty Live Series C were worth $499,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of LLYVK. Vanguard Group Inc. raised its holdings in Liberty Media Corporation – Liberty Live Series C by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 4,721,823 shares of the company’s stock valued at $392,667,000 after buying an additional 63,117 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Liberty Media Corporation – Liberty Live Series C by 7.4% during the 4th quarter. Principal Financial Group Inc. now owns 1,812,689 shares of the company’s stock valued at $150,744,000 after acquiring an additional 124,223 shares during the last quarter. Bamco Inc. NY raised its stake in shares of Liberty Media Corporation – Liberty Live Series C by 2.9% in the 3rd quarter. Bamco Inc. NY now owns 1,458,910 shares of the company’s stock valued at $141,471,000 after acquiring an additional 41,512 shares in the last quarter. State Street Corp lifted its holdings in Liberty Media Corporation – Liberty Live Series C by 2.2% in the 2nd quarter. State Street Corp now owns 825,898 shares of the company’s stock worth $67,030,000 after purchasing an additional 17,989 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in Liberty Media Corporation – Liberty Live Series C by 1,012.6% during the fourth quarter. SG Americas Securities LLC now owns 609,399 shares of the company’s stock worth $50,678,000 after purchasing an additional 554,625 shares during the period. 60.36% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on LLYVK. Weiss Ratings reissued a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research report on Thursday, January 22nd. Zacks Research upgraded Liberty Media Corporation – Liberty Live Series C from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Finally, Wall Street Zen upgraded shares of Liberty Media Corporation – Liberty Live Series C from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series C Trading Down 0.5%

Shares of LLYVK opened at $98.97 on Tuesday. The stock has a market cap of $9.11 billion, a P/E ratio of -27.96 and a beta of 0.98. The stock’s 50-day moving average price is $95.75 and its two-hundred day moving average price is $89.27. Liberty Media Corporation – Liberty Live Series C has a 1 year low of $71.48 and a 1 year high of $102.62.

Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($3.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($3.07). The firm had revenue of $63.62 million for the quarter, compared to the consensus estimate of $70.40 million. As a group, equities analysts forecast that Liberty Media Corporation – Liberty Live Series C will post -3.3 EPS for the current year.

Liberty Media Corporation – Liberty Live Series C Company Profile

Liberty Media Corporation – Liberty Live Series C (NASDAQ: LLYVK) is a tracking stock designed to reflect the performance of Liberty Media’s investment in Live Nation Entertainment. Established in August 2023, the Liberty Live tracking stock allows investors to gain targeted exposure to the live entertainment sector without direct ownership of Liberty Media’s other diversified assets. The Series C shares trade separately, offering a clear view of the value and results generated by Live Nation’s global operations.

The underlying asset for the Liberty Live Series C shares is Liberty Media’s equity stake in Live Nation, one of the world’s leading live entertainment companies.