Key Points
- Director Chase Carey sold 81,006 shares on Nov. 12 at an average of $102.89 for ~$8.33M and had sold 109,121 shares on Nov. 10 at $102.54 (~$11.19M), totaling ~190,127 shares worth ~$19.52M and cutting his stake by 46.53% to 93,102 shares (disclosed in an SEC filing).
- Stock context: FWONA opened at $90.12 (12‑month range $68.00–$99.52), has a $22.48B market cap and a consensus "Moderate Buy" with an average price target of $103 (Guggenheim raised its target to $110 and rated it "buy").
Liberty Media Corporation - Liberty Formula One Series A (NASDAQ:FWONA - Get Free Report) Director Chase Carey sold 81,006 shares of the company's stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $102.89, for a total transaction of $8,334,707.34. Following the completion of the transaction, the director owned 93,102 shares of the company's stock, valued at approximately $9,579,264.78. This trade represents a 46.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Chase Carey also recently made the following trade(s):
- On Monday, November 10th, Chase Carey sold 109,121 shares of Liberty Media Corporation - Liberty Formula One Series A stock. The shares were sold at an average price of $102.54, for a total value of $11,189,267.34.
Liberty Media Corporation - Liberty Formula One Series A Trading Down 1.7%
Shares of NASDAQ FWONA opened at $90.12 on Friday. Liberty Media Corporation - Liberty Formula One Series A has a 12-month low of $68.00 and a 12-month high of $99.52. The company has a market cap of $22.48 billion, a PE ratio of 115.54 and a beta of 0.52. The stock has a 50 day simple moving average of $92.50 and a 200-day simple moving average of $90.70.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. TD Private Client Wealth LLC grew its holdings in Liberty Media Corporation - Liberty Formula One Series A by 1,304.3% during the third quarter. TD Private Client Wealth LLC now owns 323 shares of the company's stock worth $31,000 after acquiring an additional 300 shares during the period. Assetmark Inc. boosted 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 purchasing an additional 259 shares in the last quarter. State of Wyoming acquired a new position in shares of Liberty Media Corporation - Liberty Formula One Series A in the 2nd quarter worth approximately $66,000. MAI Capital Management raised its holdings in shares of Liberty Media Corporation - Liberty Formula One Series A by 76.2% in the 2nd quarter. MAI Capital Management now owns 821 shares of the company's stock worth $78,000 after purchasing an additional 355 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in shares of Liberty Media Corporation - Liberty Formula One Series A by 28.9% in the 1st quarter. Russell Investments Group Ltd. now owns 853 shares of the company's stock worth $69,000 after purchasing an additional 191 shares in the last quarter. Institutional investors own 8.38% of the company's stock.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on FWONA. Guggenheim increased their price target on Liberty Media Corporation - Liberty Formula One Series A from $95.00 to $110.00 and gave the stock a "buy" rating in a research note on Tuesday, July 22nd. Zacks Research downgraded shares of Liberty Media Corporation - Liberty Formula One Series A from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 9th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Liberty Media Corporation - Liberty Formula One Series A in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $103.00.
Read Our Latest Stock Report on FWONA
Liberty Media Corporation - Liberty Formula One Series A Company Profile
(
Get Free Report)
Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship.
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