Liberty Media Corp. (NASDAQ:LMCA) has been given a consensus rating of “Buy” by the fourteen analysts that are currently covering the firm. Five analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $34.43.

Several analysts recently issued reports on the company. Citigroup Inc. upgraded Liberty Media Corp. from a “neutral” rating to a “buy” rating and upped their target price for the stock from $22.00 to $32.00 in a report on Tuesday, September 13th. Pivotal Research assumed coverage on Liberty Media Corp. in a report on Tuesday, September 13th. They set a “buy” rating and a $35.00 target price on the stock. FBR & Co reiterated a “buy” rating and set a $25.00 target price on shares of Liberty Media Corp. in a report on Thursday, September 8th. Zacks Investment Research upgraded Liberty Media Corp. from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a report on Tuesday, August 23rd. Finally, Wunderlich upped their target price on Liberty Media Corp. from $22.50 to $25.50 and gave the stock a “buy” rating in a report on Friday, July 29th.

In other news, Chairman John C. Malone sold 127,357 shares of the company’s stock in a transaction that occurred on Monday, August 22nd. The stock was sold at an average price of $32.53, for a total value of $4,142,923.21. Following the transaction, the chairman now owns 16,164,220 shares of the company’s stock, valued at $525,822,076.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman John C. Malone sold 121,100 shares of the company’s stock in a transaction that occurred on Thursday, August 18th. The shares were sold at an average price of $33.09, for a total value of $4,007,199.00. The disclosure for this sale can be found here. 13.10% of the stock is owned by insiders.

Several institutional investors have recently bought and sold shares of LMCA. Pacad Investment Ltd. purchased a new position in Liberty Media Corp. during the second quarter valued at approximately $144,000. Strs Ohio purchased a new position in Liberty Media Corp. during the second quarter valued at approximately $145,000. R.H. Dinel Investment Counsel Inc. purchased a new position in Liberty Media Corp. during the third quarter valued at approximately $232,000. Societe Generale purchased a new position in Liberty Media Corp. during the second quarter valued at approximately $192,000. Finally, American International Group Inc. increased its position in Liberty Media Corp. by 8.6% in the second quarter. American International Group Inc. now owns 13,668 shares of the company’s stock valued at $262,000 after buying an additional 1,083 shares during the last quarter. 24.54% of the stock is currently owned by institutional investors.

Shares of Liberty Media Corp. (NASDAQ:LMCA) opened at 28.95 on Monday. The firm has a 50 day moving average price of $26.18 and a 200-day moving average price of $22.21. Liberty Media Corp. has a 12 month low of $17.72 and a 12 month high of $30.11.

Liberty Media Corp. Company Profile

Liberty Media Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. Through its subsidiaries and affiliates, the Company principally operates in North America. Its principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and the Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

5 Day Chart for NASDAQ:LMCA

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