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Liberty Media Corp (FWONK) Stock Could Soon Reward Patient Investors

Liberty Media Corp (NASDAQ: FWONK) is -10.65% lower on its value in year-to-date trading and has touched a low of $66.90 and a high of $102.33 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 $79.77 in the last trading session, with the day’s gains setting it 3.02%.

Currently trading at $82.79, the stock is -1.77% and -7.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing 3.79% at the moment leaves the stock -2.12% off its SMA200. FWONK registered 22.36% gain for a year compared to 6-month gain of 3.62%. The firm has a 50-day simple moving average (SMA 50) of $89.7184 and a 200-day simple moving average (SMA200) of $84.58322.

The stock witnessed a -6.22% loss in the last 1 month and extending the period to 3 months gives it a -8.01%, and is 5.64% 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 3.70% over the week and 4.05% over the month.

Liberty Media Corp (FWONK) has around 1184 employees, a market worth around $20.64B and $3.62B in sales. Fwd P/E is 45.88. Profit margin for the company is -0.83%. Distance from 52-week low is 23.75% and -19.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.29%).

The EPS is expected to grow by 1163.12% this year.

Liberty Media Corp (FWONK) Top Institutional Holders

759.0 institutions hold shares in Liberty Media Corp (FWONK), with institutional investors hold 106.38% of the company’s shares. The shares outstanding are 222.84M, and float is at 218.14M with Short Float at 3.06%. Institutions hold 100.23% 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).

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