Liberty Media Corp. (NASDAQ:LMCA) Chairman John C. Malone sold 43,835 shares of the business’s stock in a transaction that occurred on Friday, November 25th. The shares were sold at an average price of $36.05, for a total transaction of $1,580,251.75. Following the completion of the sale, the chairman now owns 16,007,989 shares of the company’s stock, valued at $577,088,003.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Liberty Media Corp. (NASDAQ:LMCA) opened at 31.45 on Tuesday. The company has a 50 day moving average of $29.14 and a 200-day moving average of $23.75. Liberty Media Corp. has a 52 week low of $17.72 and a 52 week high of $33.28.

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

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A number of research firms recently issued reports on LMCA. FBN Securities downgraded shares of Liberty Media Corp. from an “outperform” rating to a “sector perform” rating in a report on Monday, November 21st. FBR & Co reaffirmed a “buy” rating and set a $25.00 price target on shares of Liberty Media Corp. in a research report on Thursday, September 8th. Zacks Investment Research raised shares of Liberty Media Corp. from a “hold” rating to a “strong-buy” rating and set a $33.00 price target on the stock in a research report on Friday, November 11th. Pivotal Research began coverage on shares of Liberty Media Corp. in a research report on Tuesday, September 13th. They set a “buy” rating and a $35.00 price target on the stock. Finally, Citigroup Inc. raised shares of Liberty Media Corp. from a “neutral” rating to a “buy” rating and lifted their price target for the company from $22.00 to $32.00 in a research report on Tuesday, September 13th. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Liberty Media Corp. currently has a consensus rating of “Buy” and an average target price of $37.67.

Several institutional investors have recently modified their holdings of the stock. US Bancorp DE increased its position in shares of Liberty Media Corp. by 411.2% in the third quarter. US Bancorp DE now owns 3,732 shares of the company’s stock worth $107,000 after buying an additional 3,002 shares in the last quarter. Howard Hughes Medical Institute increased its position in shares of Liberty Media Corp. by 231.0% in the third quarter. Howard Hughes Medical Institute now owns 3,942 shares of the company’s stock worth $113,000 after buying an additional 2,751 shares in the last quarter. 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 in the last quarter. 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 in the last quarter. Finally, Wellington Shields Capital Management LLC acquired a new position in shares of Liberty Media Corp. during the third quarter worth $203,000. Institutional investors own 27.99% of the company’s stock.

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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