Liberty Media Corp (NASDAQ: FWONK) is -2.96% lower on its value in year-to-date trading and has touched a low of $68.43 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 $88.67 in the last trading session, with the day’s gains setting it 1.25%.
Currently trading at $89.92, the stock is 7.75% and 2.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing 1.41% at the moment leaves the stock 5.60% off its SMA200. FWONK registered 28.77% gain for a year compared to 6-month gain of 12.32%. The firm has a 50-day simple moving average (SMA 50) of $87.4746 and a 200-day simple moving average (SMA200) of $85.15312.
The stock witnessed a 1.16% loss in the last 1 month and extending the period to 3 months gives it a -6.40%, and is 3.26% 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 2.41% over the week and 4.06% over the month.
Liberty Media Corp (FWONK) has around 1184 employees, a market worth around $28.64B and $3.62B in sales. Fwd P/E is 49.67. Profit margin for the company is -0.83%. Distance from 52-week low is 31.40% and -12.13% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.29%).
with sales reaching $427.1M over the same period.The EPS is expected to grow by 1165.82% this year, but quarterly earnings will post 10.46% year-over-year. Quarterly sales are estimated to shrink -22.77% in year-over-year returns.
762.0 institutions hold shares in Liberty Media Corp (FWONK), with institutional investors hold 107.25% of the company’s shares. The shares outstanding are 222.84M, and float is at 218.14M with Short Float at 3.00%. Institutions hold 101.01% 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).
