<div id="readability-page-1"><p>Bank of Nova Scotia reduced its stake in shares of  Liberty Media Corporation - Liberty Formula One Series C (NASDAQ:FWONK - Free Report) by 69.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,492 shares of the company's stock after selling 127,975 shares during the period. Bank of Nova Scotia's holdings in Liberty Media Corporation - Liberty Formula One Series C were worth $5,903,000 as of its most recent SEC filing.</p><ul><li>Exploring communication services stocks: A comprehensive guide</li></ul><p>Other institutional investors have also modified their holdings of the company. Oliver Lagore Vanvalin Investment Group acquired a new stake in  Liberty Media Corporation - Liberty Formula One Series C during the 2nd quarter worth $29,000.  Caitong International Asset Management Co. Ltd acquired a new stake in shares of  Liberty Media Corporation - Liberty Formula One Series C in the second quarter valued at approximately $46,000.  Assetmark Inc. raised its holdings in shares of  Liberty Media Corporation - Liberty Formula One Series C by 199.4% in the second quarter. Assetmark Inc. now owns 500 shares of the company's stock worth $52,000 after acquiring an additional 333 shares during the last quarter.  Allianz Asset Management GmbH raised its stake in  Liberty Media Corporation - Liberty Formula One Series C by 144.9% in the 2nd quarter. Allianz Asset Management GmbH now owns 769 shares of the company's stock valued at $80,000 after purchasing an additional 455 shares during the last quarter.  Finally, Loomis Sayles &amp; Co. L P boosted its position in shares of  Liberty Media Corporation - Liberty Formula One Series C by 24.7% in the second quarter. Loomis Sayles &amp; Co. L P now owns 852 shares of the company's stock worth $89,000 after acquiring an additional 169 shares during the last quarter. 92.26% of the stock is owned by hedge funds and other institutional investors. </p><h2>Insider Activity</h2><p>In other news, insider Renee L. Wilm sold 11,200 shares of the stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $91.89, for a total value of $1,029,168.00. Following the transaction, the insider owned 21,037 shares in the company, valued at approximately $1,933,089.93. This represents a 34.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Chase Carey sold 109,121 shares of the firm's stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $102.54, for a total value of $11,189,267.34. Following the transaction, the director directly owned 93,102 shares in the company, valued at approximately $9,546,679.08. The trade was a 53.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 201,327 shares of company stock valued at $20,553,143 in the last quarter. Company insiders own  4.31% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>Several brokerages have issued reports on FWONK. Zacks Research downgraded shares of Liberty Media Corporation - Liberty Formula One Series C from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Tuesday, September 9th. Wall Street Zen downgraded shares of Liberty Media Corporation - Liberty Formula One Series C from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note on Friday, October 3rd. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of Liberty Media Corporation - Liberty Formula One Series C in a research report on Monday. JPMorgan Chase &amp; Co. raised their target price on Liberty Media Corporation - Liberty Formula One Series C from $120.00 to $122.00 and gave the company an &#34;overweight&#34; rating in a research note on Tuesday, December 2nd. Finally, Wells Fargo &amp; Company boosted their price target on Liberty Media Corporation - Liberty Formula One Series C from $86.00 to $94.00 and gave the stock an &#34;underweight&#34; rating in a research note on Thursday, November 6th. One analyst  has rated the stock with a Strong Buy rating, six have issued  a Buy rating, five have assigned  a Hold rating and one  has issued  a Sell rating to the company. According to MarketBeat.com, Liberty Media Corporation - Liberty Formula One Series C currently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $112.33.</p><p><b>Read Our Latest Stock Report on Liberty Media Corporation - Liberty Formula One Series C</b></p><h2>Liberty Media Corporation - Liberty Formula One Series C Trading Up 1.4%</h2><p>Shares of FWONK opened at $93.59 on Friday. The firm has a market cap of $23.40 billion, a P/E ratio of 119.99 and a beta of 0.48. The stock's 50 day moving average is $98.27 and its two-hundred day moving average is $100.01. Liberty Media Corporation - Liberty Formula One Series C has a 12 month low of $75.26 and a 12 month high of $109.36. </p><p>Liberty Media Corporation - Liberty Formula One Series C (NASDAQ:FWONK - Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.18). The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.05 billion.  Equities research analysts forecast that  Liberty Media Corporation - Liberty Formula One Series C will post 1.36 EPS for the current year. </p><h2>Liberty Media Corporation - Liberty Formula One Series C Profile</h2> (Free Report)<p>Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship.</p><h2>Read More</h2><ul><li>Five stocks we like better than Liberty Media Corporation - Liberty Formula One Series C</li><li>Insider Trades May Not Tell You What You Think</li><li>3 Recently Downgraded Stocks to Avoid in 2026</li><li>3 Grocery Stocks That Can Help Take a Bite Out of Inflation </li><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li><li>How to Read Stock Charts for Beginners</li><li>Oracle Stock Hit Hard: Why Its AI Pipeline Could Drive a 2026 Rally</li></ul><p><strong>Want to see what other hedge funds are holding FWONK?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Media Corporation - Liberty Formula One Series C (NASDAQ:FWONK - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RldPTks?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RldPTks"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Liberty Media Corporation - Liberty Formula One Series C Right Now?</h2><p>Before you consider Liberty Media Corporation - Liberty Formula One Series C, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liberty Media Corporation - Liberty Formula One Series C wasn't on the list.</p><p>While Liberty Media Corporation - Liberty Formula One Series C currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Bank of Nova Scotia reduced its stake in Liberty Media Corporation - Liberty Formula One Series C by 69.4% in Q2. Insider sales included Renee L. Wilm and Chase Carey, decreasing their positions significantly. Analysts have mixed ratings, with a consensus of "Moderate Buy" and a price target of $112.33. Institutional investors hold 92.26% of the stock.</p>

Bank of Nova Scotia Cuts Stake in Liberty Media Corporation - Liberty Formula One Series C $FWONK