7,315 Shares in Liberty Media Corporation – Liberty Live Series C $LLYVK Bought by Sprinkle Financial Consultants LLC

Sprinkle Financial Consultants LLC acquired a new position in Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,315 shares of the company’s stock, valued at approximately $688,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of LLYVK. Kelleher Financial Advisors acquired a new position in shares of Liberty Media Corporation – Liberty Live Series C during the 3rd quarter worth $26,000. Global Retirement Partners LLC acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series C in the fourth quarter valued at about $43,000. Align Financial LLC acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series C in the fourth quarter valued at about $48,000. Schroder Investment Management Group purchased a new stake in Liberty Media Corporation – Liberty Live Series C during the third quarter worth about $57,000. Finally, Aster Capital Management DIFC Ltd purchased a new stake in Liberty Media Corporation – Liberty Live Series C during the third quarter worth about $83,000. Institutional investors and hedge funds own 60.36% of the company’s stock.

Liberty Media Corporation – Liberty Live Series C Stock Performance

Liberty Media Corporation – Liberty Live Series C stock opened at $98.46 on Monday. Liberty Media Corporation – Liberty Live Series C has a fifty-two week low of $76.30 and a fifty-two week high of $104.20. The firm has a market capitalization of $9.06 billion, a price-to-earnings ratio of -27.81 and a beta of 0.97. The stock’s fifty day moving average is $97.02 and its two-hundred day moving average is $91.69.

Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) last released its quarterly earnings results on Thursday, May 7th. The company reported ($3.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($3.07). The firm had revenue of $63.62 million during the quarter, compared to analyst estimates of $70.40 million. As a group, sell-side analysts forecast that Liberty Media Corporation – Liberty Live Series C will post -3.3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on LLYVK. Zacks Research cut shares of Liberty Media Corporation – Liberty Live Series C from a “hold” rating to a “strong sell” rating in a report on Monday, June 1st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research report on Friday, May 29th. Finally, Wall Street Zen raised Liberty Media Corporation – Liberty Live Series C from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Two equities research analysts have rated the stock with a Sell rating, According to MarketBeat, Liberty Media Corporation – Liberty Live Series C presently has a consensus rating of “Sell”.

About Liberty Media Corporation – Liberty Live Series C

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.