Meeder Asset Management Inc. boosted its stake in Liberty Interactive Corporation by 115.9% in the second quarter. The company had a trading volume of 5,248,690 shares. Janus Capital Management LLC's holdings in Liberty Interactive Corporation were worth $295,000 at the end of the most recent quarter. Global X Management Co. LLC raised its position in shares of Liberty Interactive Corporation by 32.2% in the first quarter.
Total shares held by institutions as of the most recent company filings are 124,309,667 with a reported 20,799,475 bought and 2,890,990 sold. In the last ninety days, insiders acquired 1,706,443 shares of company stock worth $66,290,479 and sold 422,003 shares worth $16,009,101. Zacks Investment Research cut Liberty Media Corporation from a "buy" rating to a "hold" rating in a research report on Thursday, May 4th. California Public Employees Retirement System now owns 366,800 shares of the technology company's stock valued at $14,276,000 after buying an additional 187,600 shares during the period. Finally, Mirae Asset Global Investments Co. Oppenheimer Asset Management Inc. acquired a new stake in shares of Liberty Media Corporation during the first quarter valued at approximately $127,000.
Trading was heavy with 1,339K shares changing hands in the last trading session. Liberty Interactive Corporation has a one year low of $36.54 and a one year high of $62.02. The firm has a market capitalization of $10.97 billion, a PE ratio of 24.47 and a beta of 1.21. Shares are trading at $34.61 barely below $34.84, the stock's 50 day moving average and which is slightly above the 200 day moving average of $33.66.
Liberty Interactive Corporation (NASDAQ:QVCB) last issued its quarterly earnings data on Tuesday, May 9th.More news: Required Viewing: The Opening of Last Night's Rachel Maddow Show
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As of the latest earnings report the EPS was $-0.29 and is projected to be $-1.01 for the current year with 201,995,000 shares now outstanding. Liberty Interactive Corporation had a net margin of 653.21% and a return on equity of 6.65%. The business had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.32 billion. Equities research analysts forecast that Liberty Interactive Corporation will post $4.49 EPS for the current year. If you are viewing this report on another website, it was copied illegally and republished in violation of worldwide trademark and copyright laws. The legal version of this news story can be read at https://www.thestockobserver.com/2017/08/11/liberty-media-corporation-lsxma-stake-lowered-by-morgan-stanley-updated-updated-updated.html.
A number of brokerages recently commented on QVCA. Zacks Investment Research raised shares of Liberty Media Corporation from a "sell" rating to a "hold" rating in a research report on Wednesday, May 10th. FBR & Co boosted their target price on Liberty Interactive Corporation from $26.00 to $28.00 and gave the company an "outperform" rating in a research report on Friday, July 7th.
Analysts await Liberty Media Corporation (NASDAQ:FWONK) to report earnings on Aug, 09 for the fiscal quarter ending Jun 2017. They issued an equal weight rating and a $33.00 price objective for the company. Overall, volume was up 558.76% over the stocks normal daily volume.