Liberty Media Corp. (NASDAQ: FWONK) is 26.44% higher on its value in year-to-date trading and has touched a low of $61.23 and a high of $82.23 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FWONK stock was last observed hovering at around $79.69 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $79.82, the stock is 2.98% and 3.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 0.16% at the moment leaves the stock 10.74% off its SMA200. FWONK registered 12.58% gain for a year compared to 6-month gain of 18.76%. The firm has a 50-day simple moving average (SMA 50) of $77.1194 and a 200-day simple moving average (SMA200) of $72.080826.
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The stock witnessed a 3.14% loss in the last 1 month and extending the period to 3 months gives it a 1.31%, and is 3.30% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.53% over the week and 1.97% over the month.
Current P/E ratio is 79.87 and Fwd P/E is 57.40. Profit margin for the company is 7.63%. Distance from 52-week low is 30.36% and -2.93% from its 52-week high. The company has generated returns on investments over the last 12 months (2.96%).
The EPS is expected to grow by 38.44% this year
699.0 institutions hold shares in Liberty Media Corp. (FWONK), with institutional investors hold 98.04% of the company’s shares. The shares outstanding are 208.20M, and float is at 204.85M with Short Float at 2.28%. Institutions hold 92.68% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.04 million shares valued at $1.37 billion. The investor’s holdings represent 8.1042 of the FWONK Shares outstanding. As of 2024-06-30, the second largest holder is JANUS HENDERSON GROUP PLC with 15.49 million shares valued at $1.11 billion to account for 6.5897 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 15.46 million shares representing 6.5799 and valued at over $1.11 billion, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 3.5183 of the shares totaling 8.27 million with a market value of $593.98 million.
Liberty Media Corp. (FWONK) Insider Activity
The most recent transaction is an insider sale by Wong Andrea L, the company’s Director. SEC filings show that Wong Andrea L sold 6,312 shares of the company’s common stock on Sep 30 ’24 at a price of $49.91 per share for a total of $0.32 million. Following the sale, the insider now owns 0.0 shares.
Liberty Media Corp. disclosed in a document filed with the SEC on Sep 25 ’24 that Wong Andrea L (Director) sold a total of 1,604 shares of the company’s common stock. The trade occurred on Sep 25 ’24 and was made at $47.41 per share for $76052.0. Following the transaction, the insider now directly holds 5274.0 shares of the FWONK stock.
Still, SEC filings show that on Sep 25 ’24, Andrea Wong (Director) Proposed Sale 1,604 shares at an average price of $47.41 for $76052.0. The insider now directly holds shares of Liberty Media Corp. (FWONK).
