Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) Shares Gap Up – Should You Buy?

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $93.38, but opened at $97.22. Liberty Media Corporation – Liberty Live Series A shares last traded at $93.1060, with a volume of 1,559 shares traded.

Wall Street Analyst Weigh In

Several analysts have issued reports on LLYVA shares. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research note on Wednesday, August 26th. Zacks Research lowered Liberty Media Corporation – Liberty Live Series A from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 12th. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat, Liberty Media Corporation – Liberty Live Series A presently has an average rating of “Sell”.

Liberty Media Corporation – Liberty Live Series A Price Performance

The company has a market capitalization of $8.59 billion, a price-to-earnings ratio of -20.63 and a beta of 0.96. The stock’s fifty day simple moving average is $99.54 and its two-hundred day simple moving average is $96.26.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last posted its quarterly earnings results on Thursday, August 6th. The company reported ($2.92) EPS for the quarter, missing the consensus estimate of $0.42 by ($3.34). The firm had revenue of $147.06 million for the quarter, compared to analyst estimates of $93.63 million. On average, sell-side analysts predict that Liberty Media Corporation – Liberty Live Series A will post -7.69 EPS for the current year.

Hedge Funds Weigh In On Liberty Media Corporation – Liberty Live Series A

Large investors have recently bought and sold shares of the business. Quarry LP acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series A during the 4th quarter worth approximately $29,000. Fifth Third Bancorp boosted its position in Liberty Media Corporation – Liberty Live Series A by 23,650.0% during the 1st quarter. Fifth Third Bancorp now owns 475 shares of the company’s stock valued at $44,000 after purchasing an additional 473 shares during the period. Arax Advisory Partners acquired a new position in Liberty Media Corporation – Liberty Live Series A during the 4th quarter valued at approximately $42,000. Tower Research Capital LLC TRC grew its stake in Liberty Media Corporation – Liberty Live Series A by 495.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,459 shares of the company’s stock worth $116,000 after buying an additional 1,214 shares during the last quarter. Finally, US Bancorp DE increased its position in Liberty Media Corporation – Liberty Live Series A by 51.8% in the third quarter. US Bancorp DE now owns 1,469 shares of the company’s stock worth $139,000 after buying an additional 501 shares during the period. Institutional investors own 25.07% of the company’s stock.

About Liberty Media Corporation – Liberty Live Series A

Liberty Media Corporation’s Liberty Live Group is represented by Series A Liberty Live common stock, trading under the symbol LLYVA. The group is a tracking-stock structure rather than a separate legal entity, and its results are intended to reflect the performance of the assets and businesses attributed to Liberty Media’s Liberty Live Group.

The Liberty Live Group’s principal asset is its investment in Live Nation Entertainment, a global live entertainment company involved in concert promotion, venue operations and ticketing through businesses such as Ticketmaster.