Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) Director Chase Carey Sells 83,500 Shares of Stock

Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) Director Chase Carey sold 83,500 shares of Liberty Media Corporation – Liberty Live Series C stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $95.79, for a total transaction of $7,998,465.00. Following the completion of the transaction, the director directly owned 94,356 shares of the company’s stock, valued at $9,038,361.24. This trade represents a 46.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Chase Carey also recently made the following trade(s):

• On Wednesday, December 17th, Chase Carey sold 83,536 shares of Liberty Media Corporation – Liberty Live Series C stock. The shares were sold at an average price of $96.95, for a total transaction of $8,098,815.20.

Liberty Media Corporation – Liberty Live Series C Stock Up 0.2%

Liberty Media Corporation – Liberty Live Series C stock opened at $84.47 on Friday. The firm’s fifty day moving average is $85.41 and its 200 day moving average is $86.75. Liberty Media Corporation – Liberty Live Series C has a 52-week low of $60.55 and a 52-week high of $102.62. The company has a market cap of $7.76 billion, a price-to-earnings ratio of -21.88 and a beta of 1.41.

Institutional Investors Weigh In On Liberty Media Corporation – Liberty Live Series C

A number of institutional investors have recently added to or reduced their stakes in LLYVK. Voya Investment Management LLC raised its position in Liberty Media Corporation – Liberty Live Series C by 2.9% during the 1st quarter. Voya Investment Management LLC now owns 5,802 shares of the company’s stock worth $395,000 after buying an additional 164 shares during the last quarter. Simon Quick Advisors LLC boosted its holdings in Liberty Media Corporation – Liberty Live Series C by 5.3% in the second quarter. Simon Quick Advisors LLC now owns 3,259 shares of the company’s stock valued at $264,000 after purchasing an additional 165 shares during the last quarter. Arizona State Retirement System lifted its holdings in Liberty Media Corporation – Liberty Live Series C by 1.5% in the third quarter. Arizona State Retirement System now owns 13,198 shares of the company’s stock valued at $1,280,000 after acquiring an additional 198 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Liberty Media Corporation – Liberty Live Series C by 15.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,592 shares of the company’s stock valued at $108,000 after purchasing an additional 214 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System lifted its stake in shares of Liberty Media Corporation – Liberty Live Series C by 0.4% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 52,532 shares of the company’s stock valued at $4,263,000 after purchasing an additional 220 shares during the period. Institutional investors own 60.36% of the company’s stock.

Analyst Ratings Changes

LLYVK has been the topic of several analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research report on Wednesday, October 8th. Zacks Research raised shares of Liberty Media Corporation – Liberty Live Series C to a “hold” rating in a research note on Tuesday, September 9th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Liberty Media Corporation – Liberty Live Series C currently has an average rating of “Reduce”.

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.