Liberty Media Corp. (NASDAQ:LMCA) Chairman John C. Malone sold 43,059 shares of Liberty Media Corp. stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $36.03, for a total transaction of $1,551,415.77. Following the completion of the sale, the chairman now owns 16,121,161 shares of the company’s stock, valued at $580,845,430.83. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Liberty Media Corp. (NASDAQ:LMCA) remained flat at $31.72 during trading on Thursday. 287,953 shares of the company traded hands. The firm’s 50 day moving average price is $28.97 and its 200-day moving average price is $23.50. Liberty Media Corp. has a 12 month low of $17.72 and a 12 month high of $33.28.

Insider Buying and Selling by Quarter for Liberty Media Corp. (NASDAQ:LMCA)

A number of analysts recently commented on the stock. Zacks Investment Research cut shares of Liberty Media Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, August 24th. Pivotal Research assumed coverage on shares of Liberty Media Corp. in a research note on Tuesday, September 13th. They issued a “buy” rating and a $35.00 target price for the company. FBN Securities cut shares of Liberty Media Corp. from an “outperform” rating to a “sector perform” rating in a research note on Monday. Citigroup Inc. lifted their target price on shares of Liberty Media Corp. from $21.00 to $22.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 24th. Finally, Wunderlich cut shares of Liberty Media Corp. from a “buy” rating to a “hold” rating and lifted their target price for the stock from $25.50 to $31.00 in a research note on Monday, September 26th. Five research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $37.67.

A number of institutional investors have recently made changes to their positions in the stock. BlackRock Inc. increased its position in shares of Liberty Media Corp. by 3.3% in the third quarter. BlackRock Inc. now owns 5,750 shares of the company’s stock worth $165,000 after buying an additional 186 shares during the period. Rhumbline Advisers increased its position in shares of Liberty Media Corp. by 0.9% in the third quarter. Rhumbline Advisers now owns 33,981 shares of the company’s stock worth $974,000 after buying an additional 310 shares during the period. PNC Financial Services Group Inc. increased its position in shares of Liberty Media Corp. by 6.8% in the third quarter. PNC Financial Services Group Inc. now owns 6,523 shares of the company’s stock worth $187,000 after buying an additional 415 shares during the period. California State Teachers Retirement System increased its position in shares of Liberty Media Corp. by 1.0% in the third quarter. California State Teachers Retirement System now owns 48,493 shares of the company’s stock worth $1,389,000 after buying an additional 500 shares during the period. Finally, Teachers Advisors LLC increased its stake in Liberty Media Corp. by 1.6% in the third quarter. Teachers Advisors LLC now owns 41,361 shares of the company’s stock valued at $1,185,000 after buying an additional 640 shares during the last quarter. 26.03% of the stock is owned by hedge funds and other institutional investors.

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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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