774,321 Shares in Liberty Media Co. – Series C Liberty Formula One (FWONK) Acquired by Calixto Global Investors LP

Calixto Global Investors LP bought a new stake in Liberty Media Co. – Series C Liberty Formula One (NASDAQ:FWONK) during the 4th quarter, HoldingsChannel.com reports. The fund bought 774,321 shares of the company’s stock, valued at approximately $26,451,000. Liberty Media Co. – Series C Liberty Formula One comprises 8.0% of Calixto Global Investors LP’s portfolio, making the stock its 7th biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of FWONK. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Liberty Media Co. – Series C Liberty Formula One during the 4th quarter valued at $109,000. LS Investment Advisors LLC acquired a new position in shares of Liberty Media Co. – Series C Liberty Formula One during the 4th quarter valued at $110,000. Assetmark Inc. increased its position in shares of Liberty Media Co. – Series C Liberty Formula One by 16,878.9% during the 4th quarter. Assetmark Inc. now owns 3,226 shares of the company’s stock valued at $110,000 after purchasing an additional 3,207 shares during the period. American International Group Inc. acquired a new position in shares of Liberty Media Co. – Series C Liberty Formula One during the 4th quarter valued at $134,000. Finally, Massey Quick Simon & CO. LLC acquired a new position in shares of Liberty Media Co. – Series C Liberty Formula One during the 3rd quarter valued at $161,000. Hedge funds and other institutional investors own 86.62% of the company’s stock.

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Several equities analysts have recently issued reports on FWONK shares. Zacks Investment Research cut Liberty Media Co. – Series C Liberty Formula One from a “hold” rating to a “sell” rating in a research report on Tuesday, December 26th. Morgan Stanley upgraded Liberty Media Co. – Series C Liberty Formula One from an “equal weight” rating to an “overweight” rating and set a $39.00 price target on the stock in a research report on Tuesday, January 30th. raised their price objective on Liberty Media Co. – Series C Liberty Formula One from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Wednesday, November 15th. Pivotal Research raised their price objective on Liberty Media Co. – Series C Liberty Formula One from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Wednesday, November 15th. Finally, Barclays raised their price objective on Liberty Media Co. – Series C Liberty Formula One from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Friday, November 10th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $44.14.

Shares of Liberty Media Co. – Series C Liberty Formula One (NASDAQ:FWONK) opened at $33.13 on Friday. The firm has a market capitalization of $7,603.95, a price-to-earnings ratio of 35.25 and a beta of 1.45. Liberty Media Co. – Series C Liberty Formula One has a one year low of $30.73 and a one year high of $41.14.

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About Liberty Media Co. – Series C Liberty Formula One

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media, communications and entertainment industries. Through its subsidiaries and affiliates, the Company operates in North America. The Company’s businesses and assets include its consolidated subsidiaries SIRIUS XM and the Atlanta National League Baseball Club, Inc, and its equity affiliate Live Nation Entertainment, Inc SIRIUS XM broadcasts music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its two satellite radio systems.

Want to see what other hedge funds are holding FWONK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Media Co. – Series C Liberty Formula One (NASDAQ:FWONK).

Institutional Ownership by Quarter for Liberty Media Co. - Series C Liberty Formula One (NASDAQ:FWONK)

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