Liberty Media Corp (NASDAQ: FWONK) is -2.87% lower on its value in year-to-date trading and has touched a low of $62.40 and a high of $96.89 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FWONK stock was last observed hovering at around $91.14 in the last trading session, with the day’s loss setting it -1.14%.
Currently trading at $90.00, the stock is -3.26% and 0.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.59 million and changing -1.25% at the moment leaves the stock 14.92% off its SMA200. FWONK registered 42.61% gain for a year compared to 6-month gain of 15.58%. The firm has a 50-day simple moving average (SMA 50) of $89.1152 and a 200-day simple moving average (SMA200) of $78.19578.
The stock witnessed a -5.35% loss in the last 1 month and extending the period to 3 months gives it a 12.64%, and is -3.68% down 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 2.74% over the week and 2.35% over the month.
Liberty Media Corp (FWONK) has around 6486 employees, a market worth around $22.38B and $3.68B in sales. Fwd P/E is 62.05. Profit margin for the company is -59.99%. Distance from 52-week low is 44.23% and -7.12% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.82%).
with sales reaching $1.37B over the same period.The EPS is expected to grow by 70.87% this year, but quarterly earnings will post 17.88% year-over-year. Quarterly sales are estimated to grow 11.06% in year-over-year returns.
724.0 institutions hold shares in Liberty Media Corp (FWONK), with institutional investors hold 103.14% of the company’s shares. The shares outstanding are 222.24M, and float is at 217.37M with Short Float at 2.23%. Institutions hold 97.52% 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 MAFFEI GREGORY B, the company’s President, CEO. SEC filings show that MAFFEI GREGORY B sold 35,463 shares of the company’s common stock on Dec 16 ’24 at a price of $71.53 per share for a total of $2.54 million. Following the sale, the insider now owns 1.24 million shares.
Still, SEC filings show that on Nov 21 ’24, Wendling Brian J (CAO/PFO) disposed off 1,094 shares at an average price of $69.57 for $76110.0. The insider now directly holds 0 shares of Liberty Media Corp (FWONK).
