Liberty Media Corporation – Liberty Live Series A $LLYVA Shares Sold by Berkshire Hathaway Inc

Berkshire Hathaway Inc decreased its holdings in Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) by 37.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,986,588 shares of the company’s stock after selling 3,018,555 shares during the quarter. Liberty Media Corporation – Liberty Live Series A accounts for about 0.1% of Berkshire Hathaway Inc’s holdings, making the stock its 29th biggest holding. Berkshire Hathaway Inc owned about 5.43% of Liberty Media Corporation – Liberty Live Series A worth $406,407,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Quarry LP purchased a new position in shares of Liberty Media Corporation – Liberty Live Series A in the fourth quarter valued at approximately $29,000. Camelot Portfolios LLC purchased a new position in shares of Liberty Media Corporation – Liberty Live Series A in the fourth quarter valued at approximately $42,000. Arax Advisory Partners purchased a new position in shares of Liberty Media Corporation – Liberty Live Series A in the fourth quarter valued at approximately $42,000. Tower Research Capital LLC TRC boosted its stake in shares of Liberty Media Corporation – Liberty Live Series A by 495.5% in the second quarter. Tower Research Capital LLC TRC now owns 1,459 shares of the company’s stock valued at $116,000 after purchasing an additional 1,214 shares during the period. Finally, US Bancorp DE boosted its stake in shares of 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 valued at $139,000 after purchasing an additional 501 shares during the period. Hedge funds and other institutional investors own 25.07% of the company’s stock.

Liberty Media Corporation – Liberty Live Series A Stock Down 2.5%

Shares of NASDAQ:LLYVA opened at $95.57 on Thursday. The firm’s 50 day moving average price is $94.37 and its 200 day moving average price is $89.07. The stock has a market cap of $8.79 billion, a price-to-earnings ratio of -27.00 and a beta of 0.95. Liberty Media Corporation – Liberty Live Series A has a fifty-two week low of $74.38 and a fifty-two week high of $99.82.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last issued its earnings results on Thursday, May 7th. The company reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). The company had revenue of $63.62 million for the quarter, compared to analysts’ expectations of $70.40 million. On average, equities analysts anticipate that Liberty Media Corporation – Liberty Live Series A will post -3.3 EPS for the current year.

Wall Street Analyst Weigh In

LLYVA has been the subject of several recent research reports. Zacks Research lowered shares of Liberty Media Corporation – Liberty Live Series A from a “hold” rating to a “strong sell” rating in a research note on Monday, June 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research note on Friday, May 29th. Two investment analysts have rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

About Liberty Media Corporation – Liberty Live Series A

Liberty Media Corporation – Liberty Live Group Series A (NASDAQ:LLYVA) is a Class A tracking stock of Liberty Media Corporation that is focused on the company’s live sports and entertainment businesses. Headquartered in Englewood, Colorado, Liberty Media was founded in 1991 as a successor to Tele-Communications, Inc, and has since evolved into a diversified holding company. The Liberty Live Group tracking stock provides investors with direct exposure to a portfolio of live sports franchises and related enterprises within the broader Liberty Media framework.

The primary asset underlying the Liberty Live Group is a 100% ownership interest in the Atlanta Braves, one of Major League Baseball’s premier franchises based at Truist Park in Atlanta, Georgia.