Liberty Media Corp (LMCA): John C Malone , director officer 10% owner (Chairman of the Board of Liberty Media Corp sold 188,800 shares on Jun 3, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $38.48 per share for a total value of $7,265,364.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 5, 2016, John C Malone (director officer 10% owner (Chairman of the Board) sold 104,000 shares at $38.08 per share price.On Mar 23, 2016, Christopher W Shean (Chief Financial Officer) sold 10,613 shares at $37.34 per share price.Also, On Mar 7, 2016, Richard N Baer (Chief Legal Officer) sold 69,578 shares at $37.12 per share price.On Aug 20, 2015, Malcolm Ian Grant Gilchrist (director) sold 671 shares at $38.03 per share price.
Shares of Liberty Media Corp (LMCA) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.09 points or -0.45% at $20.03 with 3,00,642 shares getting traded. Post opening the session at $20.1, the shares hit an intraday low of $19.86 and an intraday high of $20.1 and the price vacillated in this range throughout the day. The company has a market cap of $6,708 M and the number of outstanding shares has been calculated to be 33,48,83,240 shares. The 52-week high of Liberty Media Corp is $42.22 and the 52-week low is $18.16.
Company has been under the radar of several Street Analysts.Liberty Media Corp is Reiterated by Wunderlich to Buy while Lowering the Price Target of the company shares to $ 22.50 from a previous price target of $49 . The Rating was issued on May 31, 2016.Liberty Media Corp is Initiated by Macquarie to Outperform. The Rating was issued on May 6, 2016.Liberty Media Corp is Downgraded by Buckingham Research to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 20, 2016.Liberty Media Corp is Initiated by Morgan Stanley to Equal-Weight. The Rating was issued on Apr 19, 2016.Liberty Media Corp is Resumed by FBR Capital to Outperform and the brokerage firm has set the Price Target at $23. The Rating was issued on Apr 19, 2016.
Liberty Media Corporation owns interests in subsidiaries and other companies which are engaged in the media communications and entertainment industries. Through its subsidiaries and affiliates the Company operates in North America. The Company’s businesses and assets include its consolidated subsidiaries SIRIUS XM and the Atlanta National League Baseball Club Inc. and its equity affiliate Live Nation Entertainment Inc. SIRIUS XM broadcasts music sports entertainment comedy talk news traffic and weather channels as well as infotainment services in the United States on a subscription fee basis through its two satellite radio systems. Atlanta National League Baseball Club Inc. (ANLBC) owns and operates the Atlanta Braves Major League Baseball (MLB) franchise and five league baseball clubs. Live Nation Entertainment Inc. (Live Nation) has four business segments: Concerts Ticketing Artist Nation and Sponsorship & Advertising.