In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Liberty Media Corp (NASDAQ:LMCA) reported that Norges Bank has picked up 569,036  of common stock as of 2017-02-23.

The acquisition brings the aggregate amount owned by Norges Bank to a total of 569,036 representing a 5.56% stake in the company.

For those not familiar with the company, Liberty Media Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. Through its subsidiaries and affiliates, the Company principally operates in North America. Its principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc. (SIRIUS XM) and the Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc. (Live Nation). The Company operates through two segments: SIRIUS X, and corporate and other. SIRIUS XM transmits its music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its approximately two satellite radio systems. SIRIUS XM has approximately 29.6 million subscribers. Its corporate and other segment includes its consolidated subsidiary, Braves Holdings.

A glance at Liberty Media Corp (NASDAQ:LMCA)’s key stats reveals a current market capitalization of 15.46 billion based on 25.58 million shares outstanding and a price at last close of $30.10 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-03-30, Deevy picked up 10,000 at a purchase price of $38.66. This brings their total holding to 10,000 as of the date of the filing.

On the sell side, the most recent transaction saw Baer unload 6,691 shares at a sale price of $34.63. This brings their total holding to 0.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Liberty Media Corp (NASDAQ:LMCA) as things move forward to see if its progress aligns with these transactions.

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