Allspring Global Investments Holdings LLC Has $47.83 Million Stock Holdings in Liberty Media Corporation – Liberty Live Series C $LLYVK

Allspring Global Investments Holdings LLC lifted its position in shares of Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) by 3.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 568,328 shares of the company’s stock after purchasing an additional 18,301 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Liberty Media Corporation – Liberty Live Series C were worth $47,830,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. DAVENPORT & Co LLC lifted its holdings in Liberty Media Corporation – Liberty Live Series C by 81.7% during the 4th quarter. DAVENPORT & Co LLC now owns 166,490 shares of the company’s stock worth $13,874,000 after buying an additional 74,883 shares during the period. SG Americas Securities LLC increased its stake in shares of Liberty Media Corporation – Liberty Live Series C by 1,012.6% in the fourth quarter. SG Americas Securities LLC now owns 609,399 shares of the company’s stock valued at $50,678,000 after buying an additional 554,625 shares during the period. Assenagon Asset Management S.A. raised its position in shares of Liberty Media Corporation – Liberty Live Series C by 21.3% during the fourth quarter. Assenagon Asset Management S.A. now owns 39,859 shares of the company’s stock worth $3,315,000 after acquiring an additional 7,006 shares during the last quarter. CTC Alternative Strategies Ltd. bought a new position in shares of Liberty Media Corporation – Liberty Live Series C during the third quarter worth about $213,000. Finally, Swiss Life Asset Management Ltd acquired a new position in shares of Liberty Media Corporation – Liberty Live Series C in the third quarter worth approximately $205,000. Institutional investors and hedge funds own 60.36% of the company’s stock.

Liberty Media Corporation – Liberty Live Series C Trading Up 0.8%

NASDAQ:LLYVK opened at $94.84 on Thursday. Liberty Media Corporation – Liberty Live Series C has a 12 month low of $60.55 and a 12 month high of $102.62. The stock has a market capitalization of $8.72 billion, a price-to-earnings ratio of -182.38 and a beta of 1.28. The firm has a fifty day simple moving average of $91.86 and a two-hundred day simple moving average of $88.60.

Insider Transactions at Liberty Media Corporation – Liberty Live Series C

In other Liberty Media Corporation – Liberty Live Series C news, major shareholder Berkshire Hathaway Inc sold 66,568 shares of the stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $83.27, for a total value of $5,543,117.36. Following the transaction, the insider owned 10,703,007 shares in the company, valued at approximately $891,239,392.89. This represents a 0.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 330,518 shares of company stock valued at $27,386,738 in the last 90 days.

Wall Street Analysts Forecast Growth

LLYVK has been the topic of a number of analyst reports. Wall Street Zen raised shares of Liberty Media Corporation – Liberty Live Series C to a “sell” rating in a research note on Saturday, February 28th. Weiss Ratings reissued a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research note on Thursday, January 22nd. Finally, Zacks Research lowered shares of Liberty Media Corporation – Liberty Live Series C from a “hold” rating to a “strong sell” rating in a report on Wednesday, March 4th. Two equities research analysts have rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Liberty Media Corporation – Liberty Live Series C Company 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.