GABELLI & Co INVESTMENT ADVISERS INC. increased its position in shares of Liberty Media Corporation (NASDAQ:LSXMK) by 1.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 593,400 shares of the technology company’s stock after buying an additional 7,400 shares during the period. Liberty Media Corporation accounts for approximately 2.7% of GABELLI & Co INVESTMENT ADVISERS INC.’s investment portfolio, making the stock its 11th largest position. GABELLI & Co INVESTMENT ADVISERS INC. owned approximately 0.18% of Liberty Media Corporation worth $24,745,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Teachers Advisors LLC raised its position in shares of Liberty Media Corporation by 0.8% in the fourth quarter. Teachers Advisors LLC now owns 278,327 shares of the technology company’s stock worth $9,441,000 after buying an additional 2,139 shares during the period. Bank of Montreal Can raised its position in shares of Liberty Media Corporation by 2.6% in the first quarter. Bank of Montreal Can now owns 86,165 shares of the technology company’s stock worth $3,341,000 after buying an additional 2,193 shares during the period. SeaBridge Investment Advisors LLC raised its position in shares of Liberty Media Corporation by 10.7% in the first quarter. SeaBridge Investment Advisors LLC now owns 16,944 shares of the technology company’s stock worth $657,000 after buying an additional 1,638 shares during the period. DnB Asset Management AS raised its position in shares of Liberty Media Corporation by 21.2% in the first quarter. DnB Asset Management AS now owns 15,454 shares of the technology company’s stock worth $599,000 after buying an additional 2,700 shares during the period. Finally, Mn Services Vermogensbeheer B.V. raised its position in shares of Liberty Media Corporation by 7.5% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 5,359 shares of the technology company’s stock worth $194,000 after buying an additional 373 shares during the period. Hedge funds and other institutional investors own 78.04% of the company’s stock.

Liberty Media Corporation (NASDAQ LSXMK) traded down 0.2714% during trading on Wednesday, reaching $43.2124. 16,970 shares of the company traded hands. The firm’s 50 day moving average price is $42.60 and its 200 day moving average price is $39.67. The firm has a market capitalization of $14.51 billion, a price-to-earnings ratio of 33.0370 and a beta of 2.52. Liberty Media Corporation has a 12-month low of $31.34 and a 12-month high of $46.24.

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Several research firms recently issued reports on LSXMK. Zacks Investment Research upgraded shares of Liberty Media Corporation from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 2nd. TheStreet upgraded shares of Liberty Media Corporation from a “d” rating to a “c” rating in a report on Friday, July 7th.

In other news, major shareholder Berkshire Hathaway Inc purchased 667,233 shares of the company’s stock in a transaction on Thursday, May 25th. The stock was acquired at an average price of $39.72 per share, with a total value of $26,502,494.76. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have acquired a total of 1,991,335 shares of company stock valued at $79,146,692 in the last three months.

Liberty Media Corporation Company Profile

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

Institutional Ownership by Quarter for Liberty Media Corporation (NASDAQ:LSXMK)

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