Susquehanna International Group LLP lowered its stake in shares of Liberty Media Corporation (NASDAQ:LSXMK) by 30.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 309,835 shares of the technology company’s stock after selling 133,655 shares during the period. Susquehanna International Group LLP owned about 0.14% of Liberty Media Corporation worth $12,920,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently added to or reduced their stakes in the company. Nomura Holdings Inc. grew its stake in Liberty Media Corporation by 107.4% during the 2nd quarter. Nomura Holdings Inc. now owns 343,389 shares of the technology company’s stock valued at $14,310,000 after acquiring an additional 177,855 shares in the last quarter. PineView Asset Management LP grew its stake in Liberty Media Corporation by 217.3% during the 2nd quarter. PineView Asset Management LP now owns 412,500 shares of the technology company’s stock valued at $17,201,000 after acquiring an additional 282,500 shares in the last quarter. Bluefin Trading LLC purchased a new stake in Liberty Media Corporation during the 2nd quarter valued at about $2,090,000. Berkshire Hathaway Inc. grew its stake in Liberty Media Corporation by 39.4% during the 2nd quarter. Berkshire Hathaway Inc. now owns 31,090,985 shares of the technology company’s stock valued at $1,296,494,000 after acquiring an additional 8,783,876 shares in the last quarter. Finally, Janus Henderson Group PLC grew its stake in Liberty Media Corporation by 1,707.2% during the 2nd quarter. Janus Henderson Group PLC now owns 526,343 shares of the technology company’s stock valued at $21,949,000 after acquiring an additional 497,218 shares in the last quarter. 77.03% of the stock is owned by institutional investors and hedge funds.
Shares of Liberty Media Corporation (NASDAQ LSXMK) traded down 0.89% during mid-day trading on Tuesday, reaching $43.19. 99,231 shares of the company traded hands. Liberty Media Corporation has a 52 week low of $31.34 and a 52 week high of $43.93. The stock’s 50-day moving average is $42.33 and its 200-day moving average is $42.33. The company has a market capitalization of $14.51 billion, a P/E ratio of 31.39 and a beta of 2.45.
TRADEMARK VIOLATION WARNING: This report was reported by Community Financial News and is the property of of Community Financial News. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The correct version of this report can be viewed at https://www.com-unik.info/2017/10/10/susquehanna-international-group-llp-cuts-stake-in-liberty-media-corporation-lsxmk.html.
About Liberty Media Corporation
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).
What are top analysts saying about Liberty Media Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Liberty Media Corporation and related companies.