Liberty Media Corporation (NASDAQ:FWONA) Chairman John C. Malone sold 153,000 shares of the firm’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $37.31, for a total transaction of $5,708,430.00. Following the sale, the chairman now owns 2,708,427 shares in the company, valued at approximately $101,051,411.37. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Liberty Media Corporation (FWONA) opened at 39.00 on Friday. The stock’s market capitalization is $998.71 million. The firm’s 50-day moving average is $36.84 and its 200 day moving average is $33.92. Liberty Media Corporation has a 12-month low of $26.95 and a 12-month high of $39.32.

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Several large investors have recently bought and sold shares of the company. Public Employees Retirement System of Ohio acquired a new position in shares of Liberty Media Corporation during the 2nd quarter worth $387,000. Susquehanna International Group LLP acquired a new position in shares of Liberty Media Corporation during the 2nd quarter worth $6,599,000. Nomura Holdings Inc. acquired a new position in shares of Liberty Media Corporation during the 2nd quarter worth $220,000. California State Teachers Retirement System acquired a new position in shares of Liberty Media Corporation during the 2nd quarter worth $3,698,000. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of Liberty Media Corporation during the 2nd quarter worth $105,000. 11.47% of the stock is currently owned by institutional investors and hedge funds.

Several research firms recently commented on FWONA. J P Morgan Chase & Co began coverage on shares of Liberty Media Corporation in a research report on Tuesday. They set a “hold” rating and a $38.00 price target on the stock. FBR & Co raised their price target on shares of Liberty Media Corporation from $31.00 to $33.00 and gave the company a “neutral” rating in a research report on Tuesday, August 15th. Citigroup Inc. raised their price target on shares of Liberty Media Corporation from $32.00 to $34.00 and gave the company a “neutral” rating in a research report on Monday, August 14th. Zacks Investment Research upgraded shares of Liberty Media Corporation from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, Bank of America Corporation assumed coverage on shares of Liberty Media Corporation in a report on Thursday, September 28th. They set a “buy” rating and a $45.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $38.57.

Liberty Media Corporation Company Profile

Formula One Group, through its subsidiaries, engages in the media and entertainment businesses in North America. Formula One Group was formerly known as The Liberty Media Group. The company is based in Englewood, Colorado. Formula One Group is a former subsidiary of Liberty Media Corporation.

Insider Buying and Selling by Quarter for Liberty Media Corporation (NASDAQ:FWONA)

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