Liberty Media Corp (LMCA): Christopher W Shean , Chief Financial Officer of Liberty Media Corp sold 12,471 shares on Sep 22, 2016. The Insider selling transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were sold at $29.64 per share for a total value of $368,553.25 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 30, 2016, David E Rapley (director) sold 1,225 shares at $16.63 per share price.On Aug 29, 2016, John C Malone (director officer 10% owner (Chairman of the Board) sold 200,428 shares at $32.71 per share price.Also, On Mar 23, 2016, Christopher W Shean (Chief Financial Officer) sold 10,613 shares at $37.34 per share price.On Mar 7, 2016, Richard N Baer (Chief Legal Officer) sold 69,578 shares at $37.12 per share price.
Liberty Media Corp: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Liberty Media Corp which led to swings in the share price. The shares opened for trading at $29.92 and hit $30.11 on the upside , eventually ending the session at $30.02, with a gain of 1.18% or 0.35 points. The heightened volatility saw the trading volume jump to 5,87,273 shares. The 52-week high of the share price is $30.04 and the company has a market cap of $2,513 M . The 52-week low of the share price is at $17.72.
Company has been under the radar of several Street Analysts.Liberty Media Corp is Downgraded by Wunderlich to Hold and the brokerage firm has raised the Price Target to $ 31 from a previous price target of $25.50 .Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Sep 26, 2016.Liberty Media Corp is Upgraded by Citigroup to Buy and the brokerage firm has raised the Price Target to $ 32 from a previous price target of $22 .Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Sep 13, 2016.Liberty Media Corp is Initiated by Pivotal Research Group to Buy and the brokerage firm has set the Price Target at $35. The Rating was issued on Sep 13, 2016.Liberty Media Corp is Reiterated by Wunderlich to Buy and the brokerage firm has raised the Price Target to $ 25.50 from a previous price target of $22.50 .The Rating was issued on Jul 29, 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.