Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) Shares Down 8.2% – Should You Sell?

Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK)’s share price dropped 8.2% during mid-day trading on Wednesday . The stock traded as low as $82.51 and last traded at $83.75. Approximately 64,023 shares changed hands during trading, a decline of 83% from the average daily volume of 368,516 shares. The stock had previously closed at $91.19.

Analyst Ratings Changes

A number of equities analysts recently commented on LLYVK shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research note on Wednesday, October 8th. Zacks Research raised Liberty Media Corporation – Liberty Live Series C to a “hold” rating in a research report on Tuesday, September 9th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Liberty Media Corporation – Liberty Live Series C currently has an average rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series C Stock Up 1.6%

The firm has a market cap of $7.87 billion, a price-to-earnings ratio of -22.19 and a beta of 1.35. The stock has a fifty day moving average price of $93.65 and a 200-day moving average price of $85.23.

Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) last issued its earnings results on Thursday, August 7th. The company reported ($1.93) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.22 by ($3.15).

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. TD Private Client Wealth LLC purchased a new stake in Liberty Media Corporation – Liberty Live Series C during the third quarter worth approximately $26,000. Mather Group LLC. bought a new stake in shares of Liberty Media Corporation – Liberty Live Series C in the 3rd quarter worth about $43,000. Northwestern Mutual Wealth Management Co. increased its holdings in Liberty Media Corporation – Liberty Live Series C by 203.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 458 shares of the company’s stock valued at $31,000 after buying an additional 307 shares during the last quarter. State of Wyoming acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series C during the 1st quarter valued at approximately $54,000. Finally, Quent Capital LLC acquired a new stake in Liberty Media Corporation – Liberty Live Series C during the third quarter worth about $104,000. Hedge funds and other institutional investors own 60.36% of the company’s stock.

About Liberty Media Corporation – Liberty Live Series C

Liberty Live Group operates in the media, communications, and entertainment industries primarily in North America and the United Kingdom. The company is headquartered in Englewood, Colorado.