B. Riley reiterated their hold rating on shares of Liberty Media Corporation (NASDAQ:FWONA) in a research report report published on Tuesday. B. Riley currently has a $36.00 price target on the stock.

A number of other research firms have also weighed in on FWONA. FBR & Co lifted their price objective on shares of Liberty Media Corporation from $31.00 to $33.00 and gave the company a neutral rating in a research note on Tuesday, August 15th. Citigroup Inc. lifted their price objective on shares of Liberty Media Corporation from $32.00 to $34.00 and gave the company a neutral rating in a research note 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 note on Tuesday, August 1st. Bank of America Corporation started coverage on shares of Liberty Media Corporation in a research note on Thursday, September 28th. They issued a buy rating and a $45.00 price objective for the company. Finally, J P Morgan Chase & Co started coverage on shares of Liberty Media Corporation in a research note on Tuesday, October 3rd. They issued a hold rating and a $38.00 price objective for the company. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of $39.00.

Liberty Media Corporation (FWONA) opened at $37.16 on Tuesday. Liberty Media Corporation has a 1 year low of $27.63 and a 1 year high of $39.37. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.43 and a quick ratio of 0.43.

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In related news, Chairman John C. Malone sold 153,000 shares of the stock in a transaction that occurred 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 transaction, the chairman now owns 2,708,427 shares in the company, valued at $101,051,411.37. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Malcolm Ian Grant Gilchrist sold 1,826 shares of the stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $36.52, for a total transaction of $66,685.52. Following the transaction, the director now owns 823 shares in the company, valued at approximately $30,055.96. The disclosure for this sale can be found here. Insiders sold 190,826 shares of company stock valued at $7,309,976 over the last three months. 5.34% of the stock is currently owned by insiders.

Large investors have recently modified their holdings of the business. The Manufacturers Life Insurance Company bought a new stake in Liberty Media Corporation during the 2nd quarter valued at about $105,000. Great West Life Assurance Co. Can purchased a new position in Liberty Media Corporation during the 3rd quarter valued at about $105,000. Legal & General Group Plc purchased a new position in Liberty Media Corporation during the 2nd quarter valued at about $109,000. Howard Hughes Medical Institute purchased a new position in shares of Liberty Media Corporation in the 2nd quarter worth approximately $132,000. Finally, Public Employees Retirement Association of Colorado purchased a new stake in Liberty Media Corporation during the 3rd quarter worth approximately $204,000. 11.00% of the stock is owned by institutional investors and hedge funds.

Liberty Media Corporation 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).

Analyst Recommendations for Liberty Media Corporation (NASDAQ:FWONA)

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