Shares of Liberty Media Corporation (NASDAQ:FWONA) have been assigned an average rating of “Hold” from the eleven research firms that are presently covering the firm, MarketBeat reports. Six analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $39.75.

A number of brokerages have recently weighed in on FWONA. B. Riley reissued a “neutral” rating on shares of Liberty Media in a report on Wednesday, November 1st. FBR & Co boosted their target price on shares of Liberty Media from $31.00 to $33.00 and gave the company a “neutral” rating in a research report on Tuesday, August 15th. Citigroup boosted their target price on shares of Liberty Media from $32.00 to $34.00 and gave the company a “neutral” rating in a research report on Monday, August 14th. Bank of America assumed coverage on shares of Liberty Media in a research report on Thursday, September 28th. They set a “buy” rating and a $45.00 target price for the company. Finally, J P Morgan Chase & Co assumed coverage on shares of Liberty Media in a research report on Tuesday, October 3rd. They set a “hold” rating and a $38.00 target price for the company.

In other Liberty Media news, Chairman John C. Malone sold 153,000 shares of the company’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $37.31, for a total value of $5,708,430.00. Following the completion of the transaction, the chairman now owns 2,708,427 shares in the company, valued at $101,051,411.37. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman John C. Malone sold 18,000 shares of the company’s stock in a transaction dated Monday, October 16th. The stock was sold at an average price of $43.28, for a total transaction of $779,040.00. Following the completion of the transaction, the chairman now owns 14,523,102 shares of the company’s stock, valued at approximately $628,559,854.56. The disclosure for this sale can be found here. Insiders have sold 190,826 shares of company stock valued at $7,309,976 over the last 90 days. 5.34% of the stock is currently owned by insiders.

Several institutional investors have recently modified their holdings of FWONA. Vanguard Group Inc. acquired a new position in shares of Liberty Media in the second quarter worth about $67,778,000. Fairview Capital Investment Management LLC acquired a new position in shares of Liberty Media in the second quarter worth about $40,832,000. Odey Asset Management Group Ltd acquired a new position in shares of Liberty Media in the second quarter worth about $33,331,000. Dynamo Internacional Gestao DE Recursos LTDA. acquired a new position in shares of Liberty Media in the second quarter worth about $28,495,000. Finally, Southeastern Asset Management Inc. TN acquired a new position in shares of Liberty Media in the second quarter worth about $19,525,000. Institutional investors and hedge funds own 9.89% of the company’s stock.

Shares of Liberty Media (NASDAQ FWONA) opened at $33.15 on Friday. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.63. Liberty Media has a 1-year low of $27.63 and a 1-year high of $39.37.

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Liberty Media Company Profile

Liberty Media Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. Through its subsidiaries and affiliates, the Company principally operates in North America. Its principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and the Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

Analyst Recommendations for Liberty Media (NASDAQ:FWONA)

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