Media coverage about Liberty Media Co. – Series A Liberty Formula One (NASDAQ:FWONA) has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Liberty Media Co. – Series A Liberty Formula One earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.428129228102 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Liberty Media Co. – Series A Liberty Formula One (FWONA) traded down $0.39 during midday trading on Tuesday, reaching $32.72. The company had a trading volume of 184,200 shares, compared to its average volume of 311,551. The firm has a market cap of $7,512.12, a PE ratio of -86.10 and a beta of 1.40. Liberty Media Co. – Series A Liberty Formula One has a 12 month low of $27.63 and a 12 month high of $39.37. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.63.
Several equities analysts have weighed in on FWONA shares. Citigroup upgraded Liberty Media Co. – Series A Liberty Formula One from a “neutral” rating to a “buy” rating and set a $44.00 price target for the company in a report on Tuesday, September 5th. Macquarie reaffirmed a “buy” rating and issued a $45.00 price objective on shares of Liberty Media Co. – Series A Liberty Formula One in a research note on Thursday, October 5th. Bank of America started coverage on Liberty Media Co. – Series A Liberty Formula One in a research note on Thursday, September 28th. They set a “buy” rating and a $45.00 price target for the company. FBR & Co reissued a “hold” rating on shares of Liberty Media Co. – Series A Liberty Formula One in a research note on Wednesday, September 20th. Finally, B. Riley reaffirmed a “neutral” rating on shares of Liberty Media Co. – Series A Liberty Formula One in a research report on Wednesday, November 1st. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $40.00.
In related news, Director Malcolm Ian Grant Gilchrist sold 3,841 shares of the stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $39.61, for a total value of $152,142.01. Following the completion of the transaction, the director now directly owns 8,127 shares in the company, valued at $321,910.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman John C. Malone sold 18,000 shares of the company’s stock in a transaction on Monday, October 16th. The stock was sold at an average price of $43.28, for a total value of $779,040.00. Following the transaction, the chairman now owns 14,523,102 shares in the company, valued at $628,559,854.56. The disclosure for this sale can be found here. 5.34% of the stock is currently owned by insiders.
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Liberty Media Co. – Series A Liberty Formula One Company Profile
Liberty Media Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. Through its subsidiaries and affiliates, the Company principally operates in North America. Its principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and the Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).
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