Simcoe Capital Management LLC lowered its stake in Liberty Media Corporation (NASDAQ:LSXMK) by 38.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 561,605 shares of the technology company’s stock after selling 357,270 shares during the period. Liberty Media Corporation accounts for 10.2% of Simcoe Capital Management LLC’s holdings, making the stock its 6th biggest position. Simcoe Capital Management LLC owned 0.17% of Liberty Media Corporation worth $23,419,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Creative Planning raised its holdings in shares of Liberty Media Corporation by 16.1% in the second quarter. Creative Planning now owns 3,840 shares of the technology company’s stock worth $160,000 after buying an additional 532 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Liberty Media Corporation in the first quarter worth $153,000. OLD Mutual Customised Solutions Proprietary Ltd. increased its stake in shares of Liberty Media Corporation by 9.6% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 4,493 shares of the technology company’s stock worth $174,000 after acquiring an additional 393 shares during the period. RMB Capital Management LLC acquired a new stake in shares of Liberty Media Corporation in the first quarter worth $204,000. Finally, United Services Automobile Association acquired a new stake in shares of Liberty Media Corporation in the first quarter worth $217,000. 77.03% of the stock is owned by institutional investors and hedge funds.

A number of analysts have recently weighed in on LSXMK shares. TheStreet upgraded shares of Liberty Media Corporation from a “d” rating to a “c” rating in a research note on Friday, July 7th. Zacks Investment Research lowered shares of Liberty Media Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st.

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Liberty Media Corporation Company Profile

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

Institutional Ownership by Quarter for Liberty Media Corporation (NASDAQ:LSXMK)

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