Liberty Media Corporation – Liberty Formula One Series A $FWONA Holdings Lifted by Credit Industriel ET Commercial

Credit Industriel ET Commercial raised its holdings in Liberty Media Corporation – Liberty Formula One Series A (NASDAQ:FWONA) by 35.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,411 shares of the company’s stock after acquiring an additional 12,122 shares during the quarter. Credit Industriel ET Commercial’s holdings in Liberty Media Corporation – Liberty Formula One Series A were worth $4,419,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. TD Private Client Wealth LLC raised its holdings in shares of Liberty Media Corporation – Liberty Formula One Series A by 1,304.3% in the 3rd quarter. TD Private Client Wealth LLC now owns 323 shares of the company’s stock worth $31,000 after purchasing an additional 300 shares in the last quarter. Assetmark Inc. lifted its position in shares of Liberty Media Corporation – Liberty Formula One Series A by 196.2% during the 2nd quarter. Assetmark Inc. now owns 391 shares of the company’s stock valued at $37,000 after acquiring an additional 259 shares during the last quarter. State of Wyoming bought a new stake in shares of Liberty Media Corporation – Liberty Formula One Series A during the 2nd quarter worth $66,000. MAI Capital Management boosted its stake in shares of Liberty Media Corporation – Liberty Formula One Series A by 76.2% during the 2nd quarter. MAI Capital Management now owns 821 shares of the company’s stock worth $78,000 after acquiring an additional 355 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in shares of Liberty Media Corporation – Liberty Formula One Series A by 19.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 895 shares of the company’s stock worth $85,000 after acquiring an additional 143 shares during the last quarter. Institutional investors own 8.38% of the company’s stock.

Insider Activity

In related news, Director Chase Carey sold 83,536 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $96.95, for a total transaction of $8,098,815.20. Following the completion of the sale, the director directly owned 94,356 shares in the company, valued at approximately $9,147,814.20. This trade represents a 46.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.97% of the stock is owned by company insiders.

Liberty Media Corporation – Liberty Formula One Series A Stock Performance

FWONA stock opened at $78.33 on Monday. The firm has a 50 day simple moving average of $83.80 and a 200 day simple moving average of $88.21. Liberty Media Corporation – Liberty Formula One Series A has a 52 week low of $68.00 and a 52 week high of $99.52. The stock has a market cap of $19.59 billion, a P/E ratio of 100.42 and a beta of 0.55.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Liberty Media Corporation – Liberty Formula One Series A in a report on Monday, December 29th. Sanford C. Bernstein upgraded Liberty Media Corporation – Liberty Formula One Series A from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Finally, Benchmark reiterated a “buy” rating on shares of Liberty Media Corporation – Liberty Formula One Series A in a report on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Liberty Media Corporation – Liberty Formula One Series A currently has an average rating of “Moderate Buy” and an average price target of $103.00.

About Liberty Media Corporation – Liberty Formula One Series A

Liberty Media Corporation – Liberty Formula One Series A (NASDAQ: FWONA) is a tracking stock that represents Liberty Media’s economic interest in its Liberty Formula One Group business. The tracking stock is designed to give investors direct exposure to the performance of Formula One-related activities within the broader Liberty Media structure while Liberty Media remains the corporate parent. FWONA is a class A equity security tied specifically to the Formula One operations rather than to Liberty Media’s other media and entertainment holdings.

The Liberty Formula One Group owns and manages the commercial rights to the FIA Formula One World Championship and derives revenue from global media and broadcasting rights, sponsorship and advertising, race promotion and hospitality, licensing and merchandising, and digital content and distribution.