Liberty Media Corp. (NASDAQ:LMCA) has been given an average rating of “Buy” by the thirteen analysts that are currently covering the firm. Four equities research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $36.75.

LMCA has been the subject of a number of analyst reports. Wunderlich lifted their price objective on shares of Liberty Media Corp. from $22.50 to $25.50 and gave the company a “buy” rating in a report on Friday, July 29th. Zacks Investment Research upgraded shares of Liberty Media Corp. from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a report on Tuesday, August 23rd. Citigroup Inc. lifted their price objective on shares of Liberty Media Corp. from $21.00 to $22.00 and gave the company a “neutral” rating in a report on Wednesday, August 24th. FBR & Co reiterated a “buy” rating and set a $25.00 price objective on shares of Liberty Media Corp. in a report on Thursday, September 8th. Finally, Pivotal Research assumed coverage on shares of Liberty Media Corp. in a report on Tuesday, September 13th. They set a “buy” rating and a $35.00 price objective for the company.

Liberty Media Corp. (NASDAQ:LMCA) opened at 33.01 on Monday. Liberty Media Corp. has a 12 month low of $17.72 and a 12 month high of $33.28. The firm’s 50 day moving average is $28.62 and its 200-day moving average is $23.13.

In other Liberty Media Corp. news, Chairman John C. Malone sold 191,115 shares of Liberty Media Corp. stock in a transaction dated Wednesday, August 24th. The shares were sold at an average price of $32.39, for a total value of $6,190,214.85. Following the sale, the chairman now owns 16,164,220 shares of the company’s stock, valued at $523,559,085.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Christopher W. Shean sold 12,471 shares of Liberty Media Corp. stock in a transaction dated Thursday, September 22nd. The stock was sold at an average price of $29.55, for a total transaction of $368,518.05. Following the completion of the sale, the chief financial officer now directly owns 24,157 shares in the company, valued at approximately $713,839.35. The disclosure for this sale can be found here. 13.10% of the stock is currently owned by company insiders.

Hedge funds have recently made changes to their positions in the company. Price T Rowe Associates Inc. MD bought a new stake in shares of Liberty Media Corp. during the third quarter valued at approximately $405,000. Credit Suisse AG raised its stake in shares of Liberty Media Corp. by 8.2% in the third quarter. Credit Suisse AG now owns 26,155 shares of the company’s stock valued at $749,000 after buying an additional 1,979 shares in the last quarter. BTG Pactual Global Asset Management Ltd bought a new stake in shares of Liberty Media Corp. during the third quarter valued at approximately $6,543,000. Panagora Asset Management Inc. raised its stake in shares of Liberty Media Corp. by 24.0% in the third quarter. Panagora Asset Management Inc. now owns 114,975 shares of the company’s stock valued at $3,294,000 after buying an additional 22,221 shares in the last quarter. Finally, Highbridge Capital Management LLC bought a new stake in shares of Liberty Media Corp. during the third quarter valued at approximately $442,000. 25.74% of the stock is currently owned by institutional investors and hedge funds.

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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