Insider Selling: Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Major Shareholder Sells 66,568 Shares of Stock

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) major shareholder Berkshire Hathaway Inc sold 66,568 shares of the company’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $83.27, for a total value of $5,543,117.36. Following the sale, the insider owned 10,703,007 shares of the company’s stock, valued at approximately $891,239,392.89. This trade represents a 0.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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 shares were sold at an average price of $83.72, for a total transaction 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 stock was sold at an average price of $84.04, for a total value of $1,523,225.00.
• On Wednesday, January 14th, Berkshire Hathaway Inc sold 59,411 shares of Liberty Media Corporation – Liberty Live Series A stock. The shares were sold at an average price of $83.79, for a total value of $4,978,047.69.
• On Tuesday, January 13th, Berkshire Hathaway Inc sold 30,643 shares of Liberty Media Corporation – Liberty Live Series A stock. The stock was sold at an average price of $82.78, for a total transaction of $2,536,627.54.
• On Friday, January 9th, Berkshire Hathaway Inc sold 18,689 shares of Liberty Media Corporation – Liberty Live Series A stock. The shares were sold at an average price of $82.40, for a total value 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 stock was 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 value 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 stock was sold at an average price of $83.48, for a total value of $1,688,466.48.

Liberty Media Corporation – Liberty Live Series A Price Performance

Shares of LLYVA traded up $1.09 during trading hours on Tuesday, hitting $91.79. The stock had a trading volume of 116,660 shares, compared to its average volume of 231,947. Liberty Media Corporation – Liberty Live Series A has a 52 week low of $59.45 and a 52 week high of $99.63. The company’s fifty day moving average is $82.43 and its two-hundred day moving average is $85.76. The stock has a market capitalization of $8.44 billion, a price-to-earnings ratio of -23.78 and a beta of 1.37.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in LLYVA. AQR Capital Management LLC raised its position in Liberty Media Corporation – Liberty Live Series A by 14.9% during the first quarter. AQR Capital Management LLC now owns 9,907 shares of the company’s stock valued at $666,000 after purchasing an additional 1,285 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in Liberty Media Corporation – Liberty Live Series A during the first quarter valued at approximately $282,000. Goldman Sachs Group Inc. raised its stake in shares of Liberty Media Corporation – Liberty Live Series A by 16.8% during the first quarter. Goldman Sachs Group Inc. now owns 41,392 shares of the company’s stock worth $2,783,000 after acquiring an additional 5,945 shares in the last quarter. CWM LLC lifted its holdings in shares of Liberty Media Corporation – Liberty Live Series A by 35.0% in the 2nd quarter. CWM LLC now owns 1,251 shares of the company’s stock worth $99,000 after acquiring an additional 324 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Liberty Media Corporation – Liberty Live Series A in the 2nd quarter valued at $1,057,000. Hedge funds and other institutional investors own 25.07% of the company’s stock.

More Liberty Media Corporation – Liberty Live Series A News

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

Liberty Media Corporation – Liberty Live Series A Company Profile

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.