Liberty Media Corporation – Liberty Live Series A $LLYVA Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered its stake in Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) by 9.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 351,420 shares of the company’s stock after selling 35,285 shares during the period. JPMorgan Chase & Co. owned 0.38% of Liberty Media Corporation – Liberty Live Series A worth $33,139,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. AQR Capital Management LLC increased its position in shares of Liberty Media Corporation – Liberty Live Series A by 14.9% in the 1st quarter. AQR Capital Management LLC now owns 9,907 shares of the company’s stock valued at $666,000 after acquiring an additional 1,285 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in Liberty Media Corporation – Liberty Live Series A during the 1st quarter valued at about $282,000. Goldman Sachs Group Inc. increased its holdings in shares of Liberty Media Corporation – Liberty Live Series A by 16.8% in the first quarter. Goldman Sachs Group Inc. now owns 41,392 shares of the company’s stock valued at $2,783,000 after purchasing an additional 5,945 shares during the period. CWM LLC raised its stake in shares of Liberty Media Corporation – Liberty Live Series A by 35.0% in the second quarter. CWM LLC now owns 1,251 shares of the company’s stock worth $99,000 after purchasing an additional 324 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its holdings in shares of Liberty Media Corporation – Liberty Live Series A by 1.6% during the second quarter. State of New Jersey Common Pension Fund D now owns 24,953 shares of the company’s stock worth $1,983,000 after purchasing an additional 391 shares during the period. 25.07% of the stock is currently owned by institutional investors and hedge funds.

Liberty Media Corporation – Liberty Live Series A Stock Performance

LLYVA opened at $97.04 on Friday. The company has a fifty day moving average of $84.52 and a two-hundred day moving average of $86.38. The stock has a market capitalization of $8.92 billion, a price-to-earnings ratio of -186.62 and a beta of 1.37. Liberty Media Corporation – Liberty Live Series A has a fifty-two week low of $59.45 and a fifty-two week high of $99.63.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce”.

Insider Buying and Selling

In other news, major shareholder Berkshire Hathaway Inc sold 66,568 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the insider directly owned 10,703,007 shares in the company, valued at $891,239,392.89. The trade was a 0.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Chase Carey sold 83,536 shares of the business’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $96.95, for a total transaction of $8,098,815.20. Following the completion of the sale, the director directly owned 94,356 shares of the company’s stock, valued at approximately $9,147,814.20. The trade was a 46.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 497,554 shares of company stock worth $43,484,018 in the last quarter.

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.