Formula One Group (FWONA) Stock AnalysisFWONAFormula One Group

Liberty Media Corporation operates and owns interests in media, sports and entertainment businesses. The Company, through its subsidiaries, is primarily engaged in the motorsport and live entertainment industry. The portfolio of assets includes its subsidiaries Formula 1, MotoGP and other minority investments. The Series A and Series C Liberty Formula One common stock trade on the Nasdaq Global Select Market under the stock symbols FWONA and FWONK, respectively. The Series B Liberty Formula One common stock is quoted on the OTC Markets under the symbol FWONB. Formula 1 holds exclusive commercial rights to the FIA Formula One World Championship. MotoGP Sports Entertainment Group, S.L. holds exclusive commercial rights to the FIM MotoGP World Championship as well as MotoGP feeder series Moto2 and Moto3, electric series MotoE, the FIM Superbike World Championship and the FIM Women’s Circuit Racing World Championship. It operates in the Consumer Cyclicals sector (TELEVISION BROADCASTING STATIONS industry).

Liberty Media Corp (FWONA) is not a good buy right now due to its current price of $83.18, which is significantly below the analyst price targets of $100 and $120. The stock has a low RSI of 27.639, indicating it is oversold, but the recent 5-day change of -4.03% and a year-to-date decline of -6.61% suggest persistent weakness. The main risk is the insider selling activity, which has increased by 22740.95% over the last month, indicating a lack of confidence from those closest to the company.

11 analysts cover FWONA: 6 rate it Buy, 5 Hold and 0 Sell. The average price target is 108.33.