FWONA stock icon

Liberty Media Series A
FWONA

$65.43
1.11%
 

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

0
Funds holding %
of 6,689 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

20% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 59

11% more call options, than puts

Call options by funds: $658K | Put options by funds: $593K

0% more funds holding

Funds holding: 216 [Q4 2023] → 216 (+0) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 4 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 25

3% less capital invested

Capital invested by funds: $1.14B [Q4 2023] → $1.11B (-$31.8M) [Q1 2024]

3.32% less ownership

Funds ownership: 81.88% [Q4 2023] → 78.56% (-3.32%) [Q1 2024]

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$73
12%
upside
Avg. target
$75
15%
upside
High target
$77
18%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
Benchmark
Matthew Harrigan
18%upside
$77
Buy
Reiterated
22 May 2024
Deutsche Bank
Bryan Kraft
12%upside
$73
Hold
Maintained
2 Apr 2024

Financial journalist opinion