Insider Selling: The Liberty Braves Group (NASDAQ:BATRA) CEO Sells 6,584 Shares of Stock

The Liberty Braves Group (NASDAQ:BATRA – Get Rating) CEO Gregory B. Maffei sold 6,584 shares of the business’s stock in a transaction on Tuesday, March 14th. The stock was sold at an average price of $69.52, for a total value of $457,719.68. Following the completion of the sale, the chief executive officer now directly owns 945,653 shares in the company, valued at $65,741,796.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

The Liberty Braves Group Trading Down 2.1 %

The Liberty Braves Group stock opened at $32.65 on Friday. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of -26.12 and a beta of 0.87. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.78. The Liberty Braves Group has a 12 month low of $24.50 and a 12 month high of $35.94. The business’s fifty day simple moving average is $34.41 and its two-hundred day simple moving average is $32.19.

The Liberty Braves Group (NASDAQ:BATRA – Get Rating) last announced its quarterly earnings results on Wednesday, March 1st. The financial services provider reported ($1.05) earnings per share (EPS) for the quarter. The business had revenue of $53.00 million for the quarter. The Liberty Braves Group had a negative net margin of 5.95% and a negative return on equity of 0.19%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Belpointe Asset Management LLC bought a new position in shares of The Liberty Braves Group during the fourth quarter valued at $29,000. Bartlett & Co. LLC bought a new position in shares of The Liberty Braves Group during the third quarter valued at $34,000. Bessemer Group Inc. lifted its holdings in shares of The Liberty Braves Group by 11,538.5% during the third quarter. Bessemer Group Inc. now owns 1,513 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 1,500 shares in the last quarter. Barclays PLC lifted its holdings in shares of The Liberty Braves Group by 532.7% during the fourth quarter. Barclays PLC now owns 2,689 shares of the financial services provider’s stock valued at $88,000 after purchasing an additional 2,264 shares in the last quarter. Finally, Ensign Peak Advisors Inc bought a new position in shares of The Liberty Braves Group during the third quarter valued at $96,000. 15.53% of the stock is owned by institutional investors.

About The Liberty Braves Group

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Liberty Media Corp. engages in the operation of media, communications, and entertainment businesses. It operates through the following segments: Sirius XM Holdings, Formula 1. The Sirius XM Holdings segment refers to the complementary audio entertainment businesses, Sirius XM and Pandora. Sirius XM features music, sports, entertainment, comedy, talk, news, traffic, weather channels, and infotainment services.