FWONK Liberty Media Corporation Series C Liberty Formula One Common Stock

Cooper Investors PTY Ltd. reduced its stake in Liberty Media Corporation - Liberty Formula One Series C (NASDAQ:FWONK) by 14.3%, selling 28,871 shares and now holding 173,667 shares worth $18.14 million. This move positions the stock as its fourth largest holding, comprising 5.0% of its portfolio, while institutional investors collectively own 92.26% of the company. Despite significant institutional interest, insiders have been net sellers, and the company recently missed EPS estimates, though it maintains a "Moderate Buy" consensus rating with an average target price of $112.33.

Flputnam Investment Management Co. significantly increased its stake in Liberty Media Corporation - Liberty Formula One Series C (FWONK) by 988% in Q3, now holding 64,387 shares valued at $6.73 million. This comes despite recent substantial insider selling from executives Renee L. Wilm and Chase Carey. The stock maintains a "Moderate Buy" consensus rating from analysts with an average price target of $112.33, trading near $97.

Squarepoint Ops LLC recently acquired 12,006 shares of Liberty Media Corporation - Liberty Formula One Series C ($FWONK) valued at $1.255 million, increasing institutional ownership to 92.26%. Despite this, company insiders have sold a significant amount of shares, and the company missed its recent EPS estimates. Analyst ratings are mixed, with an average "Moderate Buy" rating and a target price of $112.33.

Assenagon Asset Management S.A. has significantly increased its stake in Liberty Media – Formula One Series C (FWONK) by 79.9%, now owning 85,657 shares valued at approximately $8.95 million. This move is part of broader institutional investor activity, which collectively owns 92.26% of the stock. Despite a consensus "Moderate Buy" rating and a target price of $112.33, insiders have been net sellers, divesting over 368,000 shares in the last quarter.

Liberty Media Corporation - Liberty Formula One Series C (NASDAQ:FWONK) Director Chase Carey sold 83,500 shares of the business's stock on December 16th for approximately $8 million, reducing his ownership by 46.95%. This sale is part of several large transactions by Carey in November and December, totaling over $35.6 million. The company's stock is currently trading around $96.08, and Wall Street analysts have a "Moderate Buy" consensus rating with a target price of $112.33.

Liberty Media Corp's (NYSE: FWONK) short interest has increased by 15.56% since its last report, with 6.89 million shares sold short, representing 3.12% of available shares. This indicates a growing bearish sentiment among investors, although the company's short interest is still lower than the peer group average of 7.98%. It would take traders 4.56 days on average to cover their short positions.