Liberty Media Formula One Series A (NASDAQ:FWONA) CEO Gregory B. Maffei bought 3,500 shares of the business’s stock in a transaction on Monday, December 3rd. The stock was acquired at an average cost of $30.29 per share, for a total transaction of $106,015.00. Following the completion of the transaction, the chief executive officer now owns 380,219 shares in the company, valued at $11,516,833.51. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Shares of FWONA stock traded up $0.54 on Thursday, hitting $29.53. 134,900 shares of the stock traded hands, compared to its average volume of 220,496. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. The firm has a market cap of $6.70 billion, a P/E ratio of 24.40 and a beta of 1.34. Liberty Media Formula One Series A has a 1-year low of $27.22 and a 1-year high of $37.32.
FWONA has been the topic of a number of recent analyst reports. Pivotal Research reaffirmed a “buy” rating and issued a $49.00 target price on shares of Liberty Media Formula One Series A in a research report on Monday, November 12th. ValuEngine raised Liberty Media Formula One Series A from a “strong sell” rating to a “sell” rating in a research report on Tuesday, August 14th. Zacks Investment Research lowered Liberty Media Formula One Series A from a “hold” rating to a “sell” rating in a research report on Thursday, September 6th. Goldman Sachs Group initiated coverage on Liberty Media Formula One Series A in a research report on Tuesday, October 9th. They issued a “hold” rating and a $39.00 target price on the stock. Finally, Citigroup upped their target price on Liberty Media Formula One Series A from $39.00 to $41.00 and gave the company a “buy” rating in a research report on Thursday, August 16th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $41.00.
Liberty Media Formula One Series A Company Profile
Formula One Group, through its subsidiaries, engages in the media and entertainment businesses in North America. Formula One Group was formerly known as The Liberty Media Group. The company is based in Englewood, Colorado. Formula One Group is a former subsidiary of Liberty Media Corporation.
Further Reading: Stock Symbol
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