Liberty Media Corp.’s filing revealed that its 10% Owner BERKSHIRE HATHAWAY INC unloaded Company’s shares for reported $1.8 million on Jun 13 ’24. In the deal valued at $34.06 per share,52,911 shares were sold. As a result of this transaction, BERKSHIRE HATHAWAY INC now holds 4,999,007 shares worth roughly $385.72 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 12,419 shares, generating $411,276 in total proceeds. Upon selling the shares at $33.12, the 10% Owner now owns 4,986,588 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 $0.53 million.
Morgan Stanley downgraded its Liberty Media Corp. [FWONK] rating to an Equal-weight from a an Overweight in a research note published on December 18, 2023; the price target was decreased to $70 from $80. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in early September from “a Peer perform” to “an Outperform”. Wolfe Research began covering FWONK with “Peer perform” recommendation on February 24, 2023. Rosenblatt started covering the stock on April 26, 2022. It rated FWONK as “a Buy”.
Price Performance Review of FWONK
On Monday, Liberty Media Corp. [NASDAQ:FWONK] saw its stock fall -0.44% to $77.16. Over the last five days, the stock has lost -2.09%. Liberty Media Corp. shares have risen nearly 22.22% since the year began. Nevertheless, the stocks have risen 20.85% over the past one year. While a 52-week high of $82.23 was reached on 07/30/24, a 52-week low of $60.95 was recorded on 01/11/24. SMA at 50 days reached $76.08, while 200 days put it at $69.66.
Levels Of Support And Resistance For FWONK Stock
The 24-hour chart illustrates a support level at 76.75, which if violated will result in even more drops to 76.35. On the upside, there is a resistance level at 77.81. A further resistance level may holdings at 78.47. The Relative Strength Index (RSI) on the 14-day chart is 50.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.83%. Stochastics %K at 65.32% 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 2024-07-31, growing by 0.79 million shares to a total of 4.92 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 4.12 million shares. There was a rise of 16.09%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 16, 2021 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $48 price target.
