LLYVA Liberty Media Corporation Series A Liberty Live Common Stock

Assenagon Asset Management S.A. recently acquired a new stake of $3.19 million in Liberty Media Corporation - Liberty Live Series C (LLYVK). This comes amidst significant insider selling, with Director Chase Carey selling over $8 million in shares, reducing his ownership by nearly 47%. Analyst ratings for LLYVK are mixed, with an average "Reduce" rating, and the stock is currently trading near $84.45.

Liberty Media Corporation - Liberty Live Series C Director Chase Carey sold 83,536 shares of the company's stock on December 17th for approximately $8.10 million, following a previous sale of 83,500 shares on December 16th. These sales reduced his ownership by 46.96%, leaving him with 94,356 shares. The stock has a MarketBeat consensus "Reduce" rating, a market cap of $7.76 billion, and a negative P/E ratio of -21.88.

Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA) Director Chase Carey sold 83,536 shares on December 17th for approximately $8.10 million, following an earlier sale of 83,500 shares on December 16th for about $8.00 million. These transactions significantly reduced his holding by 46.96% to 94,356 shares. Analysts currently have a consensus "Reduce" rating on the stock, while the company's shares are trading up 0.3% at $82.14 with increased volume.

Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA) Director Chase Carey sold a total of 167,036 shares of the company's stock over two days, valuing roughly $16.1 million. These transactions reduced his stake in the company by 46.95%. Despite these sales, institutional investors like Vanguard Group Inc. increased their holdings in LLYVA, which currently trades with a market capitalization of $7.55 billion and has a consensus analyst rating of "Reduce."

Chase Carey, a Director at Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK), sold 83,500 shares on December 16th at $95.79, totaling approximately $7.99 million. This transaction, following another sale on December 17th, reduced his ownership by 46.95%, leaving him with 94,356 shares. LLYVK shares saw a slight increase of 0.2% on Thursday, trading at $84.47, and the company has a market capitalization of $7.76 billion.

Liberty Live Holdings (Nasdaq: LLYVA) has officially debuted as an independent, publicly traded company following its split-off from Liberty Media. The split involved exchanging Liberty Media Liberty Live shares for corresponding Liberty Live Group common stock. The company also assumed Liberty Media's significant 2.375% Exchangeable Senior Debentures due 2053, linked to Live Nation common stock, and reconstituted its board and appointed new executive officers to oversee its new corporate structure and multiple share classes.