Liberty Media Corp (NASDAQ: FWONK) is 2.89% higher 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 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 $93.91 in the last trading session, with the day’s gains setting it 1.43%.
Currently trading at $95.34, the stock is 9.55% and 9.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing 1.52% at the moment leaves the stock 11.41% off its SMA200. FWONK registered 32.31% gain for a year compared to 6-month gain of 17.13%.
The stock witnessed a 16.28% loss in the last 1 month and extending the period to 3 months gives it a -4.69%, and is 4.31% 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 3.56% over the week and 3.17% over the month.
Liberty Media Corp (FWONK) has around 1184 employees, a market worth around $23.76B and $3.51B in sales. Fwd P/E is 50.59. Profit margin for the company is -2.42%. Distance from 52-week low is 39.32% and -6.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.82%).
The EPS is expected to grow by 1329.45% this year.
Liberty Media Corp (FWONK) Top Institutional Holders
The shares outstanding are 222.92M, and float is at 218.14M with Short Float at 2.97%.
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
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Liberty Media Corp disclosed in a document filed with the SEC on Dec 16 ’24 that MAFFEI GREGORY B (President, CEO) sold a total of 35,463 shares of the company’s common stock. The trade occurred on Dec 16 ’24 and was made at $71.53 per share for $2.54 million. Following the transaction, the insider now directly holds 1.24 million shares of the FWONK stock.
Still, SEC filings show that on Dec 16 ’24, Gregory Maffei (Officer) Proposed Sale 35,463 shares at an average price of $71.62 for $2.54 million. The insider now directly holds shares of Liberty Media Corp (FWONK).
