Insider Selling in Liberty Media (LSXMA) Shares Continues

Thursday, September 07, 2017 10:15 PM ET

Insider Selling in Liberty Media (LSXMA) Shares Continues

One insider — John C Malone, 10% Owner, Director and Officer — today, sold 204,000 shares of Liberty Media having a market value of approximately $7,796,688, as indicated in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 1,004,881 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,208,881 shares and have averaged 402,960 shares per transaction over this time period.

Compared to its peers over the last 90 days, insider buy/sell trading at Liberty Media is lower than the 33-company peer group average. Broadcasting peer group saw 136 buy/sell trades during this period for an average of 4.1 transactions per company. However, the number of shares per buy/sell trade for Liberty Media is higher. Within the peer group there were 4,976 shares purchased and 15,056,838 shares sold with company insiders disposing of 110,675 shares on average.

To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data sourced to compose and write this story.

Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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