Liberty Media Series A (FWONA)

• Market cap: $21.3B
• 1 day: 0.35%
• 5 days: -1.89%
• 1 month: 6.02%
• 3 months: 19.60%
• 6 months: 32.04%
• Year to date: 49.73%
• 1 year: 48.69%
• 5 years: 95.79%
• 10 years: 148.76%

About: Formula One Group controls the exclusive commercial and promotional rights to the FIA Formula One World Championship series, and the monetization of those rights is the primary business of the group. The firm is responsible for development and promotion of the Formula One race series in concert with its three partners: the FIA (the regulatory body), the teams that participate in the series, and the series' commercial partners, which include the race promoters, broadcasters, sponsors, and advertisers. The F1 schedule in 2023 will encompass 23 races held on five continents. Formula One Group is a subsidiary of Liberty Media, which purchased the firm in January 2017. Formula One stock is a tracking stock for the assets under Formula One Group with Liberty Media.

Employees: 6,400

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

3,462% more call options, than puts

Call options by funds: $1.78M | Put options by funds: $50K

9% more capital invested

Capital invested by funds: $1.3B [Q2] → $1.42B (+$120M) [Q3]

7% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 28

3% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 67

1% more funds holding

Funds holding: 231 [Q2] → 233 (+2) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]

1.49% less ownership

Funds ownership: 84.18% [Q2] → 82.69% (-1.49%) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $81 5% downside
• Avg. target: $81 5% downside
• High target: $81 5% downside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Benchmark Matthew Harrigan 50% 1-year accuracy 38 / 76 met price target

5% downside $81

Buy Reiterated

14 Nov 2024