Liberty Media Corp’s recent filing unveils that its President, CEO MAFFEI GREGORY B unloaded Company’s shares for reported $2.54 million on Dec 16 ’24. In the deal valued at $71.53 per share,35,463 shares were sold. As a result of this transaction, MAFFEI GREGORY B now holds 1,240,785 shares worth roughly $115.01 million.
Then, Gregory Maffei bought 35,463 shares, generating $2,540,000 in total proceeds.
Before that, Wendling Brian J sold 1,094 shares. Liberty Media Corp shares valued at $76,110 were divested by the CAO/PFO at a price of $69.57 per share. As a result of the transaction, Wendling Brian J now holds 0 shares, worth roughly $0.0.
Morgan Stanley upgraded its Liberty Media Corp [FWONK] rating to an Overweight from a an Equal-weight in a research note published on December 18, 2024; the price target was increased to $115 from $95. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid October with a ‘”a Neutral”‘ rating. Morgan Stanley also remained covering FWONK and has decreased its forecast on December 18, 2023 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Wolfe Research revised its rating on September 05, 2023. It rated FWONK as “an Outperform” which previously was an “a Peer perform”.
Price Performance Review of FWONK
On Tuesday, Liberty Media Corp [NASDAQ:FWONK] saw its stock jump 0.64% to $92.69. Over the last five days, the stock has gained 0.55%. Liberty Media Corp shares have risen nearly 0.03% since the year began. Nevertheless, the stocks have risen 49.36% over the past one year. While a 52-week high of $96.89 was reached on 01/14/25, a 52-week low of $62.40 was recorded on 01/13/25. SMA at 50 days reached $88.89, while 200 days put it at $78.07.
Levels Of Support And Resistance For FWONK Stock
The 24-hour chart illustrates a support level at 91.96, which if violated will result in even more drops to 91.22. On the upside, there is a resistance level at 93.50. A further resistance level may holdings at 94.30. The Relative Strength Index (RSI) on the 14-day chart is 53.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.43%. Stochastics %K at 30.87% 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 2024-12-31, growing by 0.37 million shares to a total of 4.84 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 4.48 million shares. There was a rise of 7.54%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 24, 2023 when Wolfe Research began covering the stock and recommended ‘”a Peer perform”‘ rating .
