33,526 Shares in Liberty Media Corporation – Liberty Live Series A $LLYVA Bought by Yakira Capital Management Inc.

Yakira Capital Management Inc. purchased a new position in Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 33,526 shares of the company’s stock, valued at approximately $2,732,000.

A number of other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in Liberty Media Corporation – Liberty Live Series A by 1.7% in the third quarter. Vanguard Group Inc. now owns 2,039,881 shares of the company’s stock worth $192,361,000 after buying an additional 33,550 shares during the last quarter. Bank of America Corp DE lifted its position in Liberty Media Corporation – Liberty Live Series A by 21.7% in the third quarter. Bank of America Corp DE now owns 493,211 shares of the company’s stock worth $46,510,000 after buying an additional 87,871 shares during the last quarter. SG Americas Securities LLC bought a new stake in Liberty Media Corporation – Liberty Live Series A in the fourth quarter worth $35,661,000. Amundi bought a new stake in Liberty Media Corporation – Liberty Live Series A in the third quarter worth $33,923,000. Finally, JNE Partners LLP lifted its position in Liberty Media Corporation – Liberty Live Series A by 53.3% in the third quarter. JNE Partners LLP now owns 368,121 shares of the company’s stock worth $34,714,000 after buying an additional 128,000 shares during the last quarter. 25.07% of the stock is currently owned by institutional investors.

Liberty Media Corporation – Liberty Live Series A Stock Performance

NASDAQ:LLYVA opened at $96.93 on Monday. Liberty Media Corporation – Liberty Live Series A has a twelve month low of $72.08 and a twelve month high of $99.82. The company has a market cap of $8.92 billion, a price-to-earnings ratio of -27.38 and a beta of 0.95. The stock has a fifty day simple moving average of $94.27 and a 200-day simple moving average of $88.63.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last released its earnings results on Thursday, May 7th. The company reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). The firm had revenue of $63.62 million during the quarter, compared to analyst estimates of $70.40 million. As a group, equities research analysts predict that Liberty Media Corporation – Liberty Live Series A will post -3.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

LLYVA has been the subject of several research analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research report on Friday, May 29th. Zacks Research downgraded Liberty Media Corporation – Liberty Live Series A from a “hold” rating to a “strong sell” rating in a research report on Monday, June 1st. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About Liberty Media Corporation – Liberty Live Series A

Liberty Media Corporation – Liberty Live Group Series A (NASDAQ:LLYVA) is a Class A tracking stock of Liberty Media Corporation that is focused on the company’s live sports and entertainment businesses. Headquartered in Englewood, Colorado, Liberty Media was founded in 1991 as a successor to Tele-Communications, Inc, and has since evolved into a diversified holding company. The Liberty Live Group tracking stock provides investors with direct exposure to a portfolio of live sports franchises and related enterprises within the broader Liberty Media framework.

The primary asset underlying the Liberty Live Group is a 100% ownership interest in the Atlanta Braves, one of Major League Baseball’s premier franchises based at Truist Park in Atlanta, Georgia.