SG Americas Securities LLC Has $5.31 Million Stake in Liberty Media Corporation – Liberty Live Series C $LLYVK

SG Americas Securities LLC lifted its holdings in shares of Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) by 287.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 54,774 shares of the company’s stock after acquiring an additional 40,626 shares during the quarter. SG Americas Securities LLC owned approximately 0.06% of Liberty Media Corporation – Liberty Live Series C worth $5,311,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. AQR Capital Management LLC increased its holdings in shares of Liberty Media Corporation – Liberty Live Series C by 47.6% in the first quarter. AQR Capital Management LLC now owns 14,639 shares of the company’s stock valued at $983,000 after purchasing an additional 4,719 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series C during the 1st quarter worth about $1,018,000. Voya Investment Management LLC boosted its holdings in shares of Liberty Media Corporation – Liberty Live Series C by 2.9% during the 1st quarter. Voya Investment Management LLC now owns 5,802 shares of the company’s stock worth $395,000 after buying an additional 164 shares during the period. Fractal Investments LLC acquired a new position in Liberty Media Corporation – Liberty Live Series C in the 2nd quarter valued at about $223,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Liberty Media Corporation – Liberty Live Series C by 2.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 12,471 shares of the company’s stock valued at $1,018,000 after buying an additional 280 shares during the last quarter. Institutional investors own 60.36% of the company’s stock.

Liberty Media Corporation – Liberty Live Series C Stock Performance

LLYVK stock opened at $82.03 on Friday. Liberty Media Corporation – Liberty Live Series C has a 52 week low of $60.55 and a 52 week high of $102.62. The company has a market capitalization of $7.54 billion, a PE ratio of -21.25 and a beta of 1.40. The company’s 50-day simple moving average is $83.01 and its 200 day simple moving average is $87.57.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Reduce”.

Insider Transactions at Liberty Media Corporation – Liberty Live Series C

In other Liberty Media Corporation – Liberty Live Series C news, Director Chase Carey sold 83,536 shares of the stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $96.95, for a total transaction of $8,098,815.20. Following the transaction, the director owned 94,356 shares in the company, valued at $9,147,814.20. This represents a 46.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Liberty Media Corporation – Liberty Live Series C Profile

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.