Markston International LLC acquired a new position in Liberty Media Corporation (NASDAQ:FWONK) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 153,685 shares of the company’s stock, valued at approximately $5,628,000. Markston International LLC owned 0.08% of Liberty Media Corporation at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. American Century Companies Inc. acquired a new position in Liberty Media Corporation during the second quarter worth about $31,715,000. Bank of New York Mellon Corp acquired a new position in Liberty Media Corporation during the second quarter worth about $25,337,000. Giverny Capital Inc. acquired a new position in Liberty Media Corporation during the second quarter worth about $21,755,000. Schwab Charles Investment Management Inc. acquired a new position in Liberty Media Corporation during the second quarter worth about $11,139,000. Finally, Gamco Investors INC. ET AL acquired a new position in Liberty Media Corporation during the second quarter worth about $9,422,000. 68.76% of the stock is currently owned by institutional investors.

Shares of Liberty Media Corporation (NASDAQ:FWONK) traded down 2.31% during trading on Friday, reaching $37.66. 1,752,098 shares of the company’s stock traded hands. The company has a 50 day moving average price of $34.77 and a 200-day moving average price of $34.12. Liberty Media Corporation has a one year low of $20.83 and a one year high of $39.00. The stock’s market cap is $8.10 billion.

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FWONK has been the topic of a number of research reports. Zacks Investment Research downgraded shares of Liberty Media Corporation from a “hold” rating to a “sell” rating in a report on Monday, June 5th. Barclays PLC initiated coverage on shares of Liberty Media Corporation in a report on Tuesday, May 23rd. They issued an “equal weight” rating and a $33.00 price objective on the stock. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $35.00 price objective (up previously from $29.00) on shares of Liberty Media Corporation in a report on Thursday, June 1st.

Liberty Media Corporation Company Profile

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media, communications and entertainment industries. Through its subsidiaries and affiliates, the Company operates in North America. The Company’s businesses and assets include its consolidated subsidiaries SIRIUS XM and the Atlanta National League Baseball Club, Inc, and its equity affiliate Live Nation Entertainment, Inc SIRIUS XM broadcasts music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its two satellite radio systems.

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

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