KD Logo

Insider Sale Alert: Liberty Media Corp. [LSXMK] – Is it Time to sell?

In a filing, Liberty Media Corp. revealed its 10% Owner BERKSHIRE HATHAWAY INC unloaded Company’s shares for reported $0.41 million on Jun 14 ’24. In the deal valued at $33.12 per share,12,419 shares were sold. As a result of this transaction, BERKSHIRE HATHAWAY INC now holds 4,986,588 shares worth roughly $105.17 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, BERKSHIRE HATHAWAY INC sold 52,911 shares, generating $1,802,170 in total proceeds. Upon selling the shares at $34.06, the 10% Owner now owns 4,999,007 shares.

Before that, Wendling Brian J sold 145 shares. Liberty Media Corp. shares valued at $10,180 were divested by the CAO/PFO at a price of $70.20 per share. As a result of the transaction, Wendling Brian J now holds 6,898 shares, worth roughly $0.15 million.

Seaport Research Partners upgraded its Liberty Media Corp. [LSXMK] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Rosenblatt’s analysts, who began to cover the stock in mid April with a ‘”a Buy”‘ rating. Morgan Stanley also remained covering LSXMK and has decreased its forecast on December 09, 2021 with a “an Equal-weight” recommendation from previously “an Overweight” rating.

Price Performance Review of LSXMK

On Monday, Liberty Media Corp. [NASDAQ:LSXMK] saw its stock fall -1.22% to $21.09. Over the last five days, the stock has gained 1.88%. Liberty Media Corp. shares have fallen nearly -26.72% since the year began. Nevertheless, the stocks have fallen -7.30% over the past one year. While a 52-week high of $31.67 was reached on 01/26/24, a 52-week low of $20.05 was recorded on 06/13/24. SMA at 50 days reached $21.94, while 200 days put it at $26.10.

Levels Of Support And Resistance For LSXMK Stock

The 24-hour chart illustrates a support level at 20.88, which if violated will result in even more drops to 20.68. On the upside, there is a resistance level at 21.37. A further resistance level may holdings at 21.66. The Relative Strength Index (RSI) on the 14-day chart is 39.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.73%. Stochastics%K at 32.93% indicates the stock is a holding.

How much short interest is there in Liberty Media Corp.?

A steep rise in short interest was recorded in Liberty Media Corp. stocks on , growing by 1.38 million shares to a total of 8.08 million shares. Yahoo Finance data shows the prior-month short interest on 2024-05-15 was 6.7 million shares. There was a rise of 17.11%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on November 12, 2018 when Pivotal Research Group resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $60.

Most Popular