George Kaiser Family Foundation held its stake in Liberty Media Corporation (NASDAQ:LSXMK) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,038 shares of the technology company’s stock at the end of the second quarter. Liberty Media Corporation accounts for about 0.6% of George Kaiser Family Foundation’s portfolio, making the stock its 12th largest position. George Kaiser Family Foundation’s holdings in Liberty Media Corporation were worth $1,294,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. First Quadrant L P CA boosted its stake in Liberty Media Corporation by 174.8% in the first quarter. First Quadrant L P CA now owns 3,004 shares of the technology company’s stock worth $116,000 after buying an additional 1,911 shares in the last quarter. Creative Planning boosted its stake in Liberty Media Corporation by 16.1% in the second quarter. Creative Planning now owns 3,840 shares of the technology company’s stock worth $160,000 after buying an additional 532 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Liberty Media Corporation during the first quarter worth $153,000. OLD Mutual Customised Solutions Proprietary Ltd. boosted its stake in Liberty Media Corporation by 9.6% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 4,493 shares of the technology company’s stock worth $174,000 after buying an additional 393 shares in the last quarter. Finally, RMB Capital Management LLC acquired a new stake in Liberty Media Corporation during the first quarter worth $204,000. 77.94% of the stock is owned by hedge funds and other institutional investors.
Shares of Liberty Media Corporation (NASDAQ LSXMK) opened at 42.63 on Friday. Liberty Media Corporation has a 1-year low of $31.34 and a 1-year high of $46.24. The stock has a 50 day moving average price of $42.35 and a 200 day moving average price of $39.43. The firm has a market capitalization of $14.30 billion, a PE ratio of 30.78 and a beta of 2.52.
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A number of equities research analysts recently weighed in on the company. Zacks Investment Research raised Liberty Media Corporation from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 2nd. TheStreet raised Liberty Media Corporation from a “d” rating to a “c” rating in a report on Friday, July 7th.
In other Liberty Media Corporation news, major shareholder Berkshire Hathaway Inc bought 644,172 shares of the business’s stock in a transaction on Wednesday, May 31st. The stock was purchased at an average cost of $41.53 per share, for a total transaction of $26,752,463.16. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have acquired 3,858,865 shares of company stock valued at $147,199,486 over the last 90 days.
Liberty Media Corporation Company Profile
Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).
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