Principal Financial Group Inc. lowered its stake in Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK – Free Report) by 4.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,566,018 shares of the company’s stock after selling 603,441 shares during the period. Principal Financial Group Inc. owned approximately 5.62% of Liberty Media Corporation – Liberty Formula One Series C worth $1,312,524,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Liberty Media Corporation – Liberty Formula One Series C in the 2nd quarter worth approximately $208,588,000. Cantillon Capital Management LLC purchased a new stake in Liberty Media Corporation – Liberty Formula One Series C during the 3rd quarter valued at $121,803,000. Munro Partners bought a new stake in Liberty Media Corporation – Liberty Formula One Series C in the second quarter worth $111,340,000. Schroder Investment Management Group lifted its position in Liberty Media Corporation – Liberty Formula One Series C by 4.9% in the second quarter. Schroder Investment Management Group now owns 8,656,971 shares of the company’s stock worth $904,653,000 after buying an additional 402,705 shares during the last quarter. Finally, Balyasny Asset Management L.P. boosted its stake in Liberty Media Corporation – Liberty Formula One Series C by 2,625.1% during the second quarter. Balyasny Asset Management L.P. now owns 220,733 shares of the company’s stock worth $23,067,000 after buying an additional 212,633 shares during the period. 92.26% of the stock is currently owned by hedge funds and other institutional investors. Get FWONK alerts: Sign Up Insider Buying and Selling at Liberty Media Corporation – Liberty Formula One Series C In other news, insider Renee L. Wilm sold 11,200 shares of Liberty Media Corporation – Liberty Formula One Series C stock in a transaction on 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 directly owned 21,037 shares in the company, valued at approximately $1,933,089.93. This trade represents a 34.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Chase Carey sold 83,536 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $96.95, for a total transaction of $8,098,815.20. Following the completion of the transaction, the director owned 94,356 shares of the company’s stock, valued at $9,147,814.20. This represents a 46.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 368,363 shares of company stock worth $36,650,423 in the last ninety days. Insiders own 4.31% of the company’s stock. Liberty Media Corporation – Liberty Formula One Series C Price Performance Shares of FWONK stock opened at $87.02 on Friday. Liberty Media Corporation – Liberty Formula One Series C has a one year low of $75.26 and a one year high of $109.36. The company has a market capitalization of $21.76 billion, a P/E ratio of 111.57 and a beta of 0.47. The company’s 50-day simple moving average is $93.28 and its two-hundred day simple moving average is $98.18. Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK – Get Free Report) last issued its earnings results on Wednesday, November 5th. The company reported $0.24 earnings per share for the quarter,