Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) Major Shareholder Sells $5,543,117.36 in Stock

Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) major shareholder Berkshire Hathaway Inc sold 66,568 shares of the company’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $83.27, for a total transaction of $5,543,117.36. Following the transaction, the insider owned 10,703,007 shares in the company, valued at $891,239,392.89. This represents a 0.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Berkshire Hathaway Inc also recently made the following trade(s):

• On Friday, January 16th, Berkshire Hathaway Inc sold 7,685 shares of Liberty Media Corporation – Liberty Live Series C stock. The shares were sold at an average price of $83.72, for a total value of $643,388.20.
• On Thursday, January 15th, Berkshire Hathaway Inc sold 18,125 shares of Liberty Media Corporation – Liberty Live Series C stock. The stock was sold at an average price of $84.04, for a total value of $1,523,225.00.
• On Wednesday, January 14th, Berkshire Hathaway Inc sold 59,411 shares of Liberty Media Corporation – Liberty Live Series C stock. The stock was sold at an average price of $83.79, for a total transaction of $4,978,047.69.
• On Tuesday, January 13th, Berkshire Hathaway Inc sold 30,643 shares of Liberty Media Corporation – Liberty Live Series C stock. The shares were sold at an average price of $82.78, for a total transaction of $2,536,627.54.
• On Friday, January 9th, Berkshire Hathaway Inc sold 18,689 shares of Liberty Media Corporation – Liberty Live Series C stock. The stock was sold at an average price of $82.40, for a total value of $1,539,973.60.
• On Thursday, January 8th, Berkshire Hathaway Inc sold 65,071 shares of Liberty Media Corporation – Liberty Live Series C stock. The shares were sold at an average price of $82.25, for a total transaction of $5,352,089.75.
• On Wednesday, January 7th, Berkshire Hathaway Inc sold 44,100 shares of Liberty Media Corporation – Liberty Live Series C stock. The shares were sold at an average price of $81.22, for a total transaction of $3,581,802.00.
• On Tuesday, January 6th, Berkshire Hathaway Inc sold 20,226 shares of Liberty Media Corporation – Liberty Live Series C stock. The stock was sold at an average price of $83.48, for a total transaction of $1,688,466.48.

Liberty Media Corporation – Liberty Live Series C Trading Up 1.1%

Shares of NASDAQ:LLYVK traded up $1.00 during mid-day trading on Tuesday, reaching $94.21. The company had a trading volume of 242,122 shares, compared to its average volume of 402,981. The company’s 50-day moving average price is $84.38 and its 200-day moving average price is $88.20. Liberty Media Corporation – Liberty Live Series C has a one year low of $60.55 and a one year high of $102.62. The firm has a market cap of $8.66 billion, a price-to-earnings ratio of -24.41 and a beta of 1.40.

Liberty Media Corporation – Liberty Live Series C News Summary

Here are the key news stories impacting Liberty Media Corporation – Liberty Live Series C this week:

• Neutral Sentiment: Short-interest report shows effectively zero shares short as of Feb 16 (short-interest ratio 0.0 days). This looks like a data/reporting artifact rather than evidence of active short positioning; it implies limited short-driven pressure but treat the figure cautiously.
• Negative Sentiment: Major shareholder Berkshire Hathaway executed a sequence of open-market sales of LLYVK between Jan 6–16 totaling approximately 330,518 shares for roughly $27.4M in proceeds (individual transactions are disclosed in the SEC filing). While Berkshire still holds roughly 10.6M+ shares — a position valued near ~$0.9B — the consecutive sales represent ongoing modest trimming by a large holder. That selling can create short-term downward pressure or signal portfolio rebalancing/harvesting; investors should monitor whether sales continue or were a one-time program. SEC Filing

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

A number of institutional investors and hedge funds have recently modified their holdings of the company. Simon Quick Advisors LLC boosted its position in Liberty Media Corporation – Liberty Live Series C by 5.3% during the second quarter. Simon Quick Advisors LLC now owns 3,259 shares of the company’s stock valued at $264,000 after buying an additional 165 shares during the period. HighTower Advisors LLC increased its stake in Liberty Media Corporation – Liberty Live Series C by 6.2% in the 4th quarter. HighTower Advisors LLC now owns 3,228 shares of the company’s stock worth $268,000 after purchasing an additional 189 shares during the period. Arizona State Retirement System lifted its position 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 purchasing an additional 198 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its stake in shares of Liberty Media Corporation – Liberty Live Series C by 0.4% during the second 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. Finally, Ethic Inc. grew its holdings in shares of Liberty Media Corporation – Liberty Live Series C by 2.6% in the fourth quarter. Ethic Inc. now owns 9,036 shares of the company’s stock worth $751,000 after purchasing an additional 225 shares during the last quarter. 60.36% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a report on Thursday, January 22nd. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.

About Liberty Media Corporation – Liberty Live Series C

Liberty Media Corporation – Liberty Live Series C (NASDAQ: LLYVK) is a tracking stock designed to reflect the performance of Liberty Media’s investment in Live Nation Entertainment. Established in August 2023, the Liberty Live tracking stock allows investors to gain targeted exposure to the live entertainment sector without direct ownership of Liberty Media’s other diversified assets. The Series C shares trade separately, offering a clear view of the value and results generated by Live Nation’s global operations.

The underlying asset for the Liberty Live Series C shares is Liberty Media’s equity stake in Live Nation, one of the world’s leading live entertainment companies.