Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Sets New 1-Year High – Should You Buy?

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $105.00 and last traded at $103.86, with a volume of 345918 shares changing hands. The stock had previously closed at $101.26.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. 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. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research note on Friday, May 29th. Two investment analysts have rated the stock with a Sell rating, According to MarketBeat, Liberty Media Corporation – Liberty Live Series A presently has a consensus rating of “Sell”.

Liberty Media Corporation – Liberty Live Series A Stock Up 2.6%

The stock has a fifty day moving average of $94.83 and a two-hundred day moving average of $90.41. The stock has a market cap of $9.56 billion, a price-to-earnings ratio of -29.34 and a beta of 0.95.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($3.20) EPS for the quarter, missing the consensus estimate of ($0.13) by ($3.07). The business had revenue of $63.62 million during the quarter, compared to the consensus estimate of $70.40 million. Equities research analysts anticipate that Liberty Media Corporation – Liberty Live Series A will post -3.3 EPS for the current fiscal year.

Institutional Trading of Liberty Media Corporation – Liberty Live Series A

Institutional investors and hedge funds have recently bought and sold shares of the business. Quarry LP purchased a new position in Liberty Media Corporation – Liberty Live Series A in the fourth quarter valued at approximately $29,000. Camelot Portfolios LLC acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series A in the fourth quarter worth $42,000. Arax Advisory Partners acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series A in the fourth quarter worth $42,000. Fifth Third Bancorp raised its stake in shares of Liberty Media Corporation – Liberty Live Series A by 23,650.0% in the 1st quarter. Fifth Third Bancorp now owns 475 shares of the company’s stock valued at $44,000 after acquiring an additional 473 shares during the period. Finally, Tower Research Capital LLC TRC raised its stake in shares of Liberty Media Corporation – Liberty Live Series A by 495.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,459 shares of the company’s stock valued at $116,000 after acquiring an additional 1,214 shares during the period. Institutional investors and hedge funds own 25.07% of the company’s stock.

Liberty Media Corporation – Liberty Live Series A Company Profile

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.