Formula One Group (FWONK) is up 4.9% today. Here is some analysis on what might have caused this price movement.
Analysis: The move appears tied to continued optimism around Formula One’s operating momentum and the added contribution from MotoGP, rather than a single fresh corporate announcement. This could be because investors are reacting to signs that Liberty’s motorsports portfolio is still growing in revenue, audience reach, and event demand heading into the next earnings report.
Details:
Liberty Media said in its first-quarter 2026 materials that Formula One Group revenue increased year over year, helped by higher Formula 1 media rights, race promotion, sponsorship, and MotoGP contributions after the 2025 acquisition.Liberty also completed a repricing of MotoGP debt facilities in June, a step that can be viewed as improving financing flexibility around the newly acquired business.The recent British Grand Prix drew record-scale attendance, reinforcing the view that fan demand for Formula 1 remains strong and that race-weekend economics are healthy.No major new SEC filing or company press release appears to explain the full jump today, so part of the gain may reflect momentum buying and a favorable read-through from the sport’s recent operating trends.Sources:
Liberty Media, SEC, FIA
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$FWONK Insider Trading Activity
$FWONK insiders have traded $FWONK stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $FWONK stock by insiders over the last 6 months:
- CHASE CAREY has made 0 purchases and 2 sales selling 100,000 shares for an estimated $9,028,150.
- RENEE L WILM (Chief Legal/Admin Officer) sold 11,597 shares for an estimated $1,044,773
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$FWONK Hedge Fund Activity
We have seen 285 institutional investors add shares of $FWONK stock to their portfolio, and 254 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC removed 4,430,065 shares (-65.1%) from their portfolio in Q1 2026, for an estimated $376,644,126
- PRINCIPAL FINANCIAL GROUP INC removed 3,761,482 shares (-29.6%) from their portfolio in Q1 2026, for an estimated $319,801,199
- BERKSHIRE HATHAWAY INC removed 3,018,555 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $256,637,546
- MARSHALL WACE, LLP removed 2,667,049 shares (-69.5%) from their portfolio in Q1 2026, for an estimated $226,752,505
- NUVEEN, LLC removed 2,422,719 shares (-72.9%) from their portfolio in Q1 2026, for an estimated $205,979,569
- NAYA CAPITAL MANAGEMENT UK LTD added 2,314,866 shares (+109.5%) to their portfolio in Q1 2026, for an estimated $196,809,907
- LINONIA PARTNERSHIP LP added 2,019,830 shares (+282.0%) to their portfolio in Q1 2026, for an estimated $171,725,946
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$FWONK Price Targets
Multiple analysts have issued price targets for $FWONK recently. We have seen 5 analysts offer price targets for $FWONK in the last 6 months, with a median target of $111.0.
Here are some recent targets:
- Brent Navon from B of A Securities set a target price of $115.0 on 07/06/2026
- David Karnovsky from JP Morgan set a target price of $111.0 on 05/29/2026
- Steven Cahill from Wells Fargo set a target price of $97.0 on 05/08/2026
- Vijay Jayant from Evercore ISI Group set a target price of $120.0 on 05/08/2026
- Ryan Gravett from UBS set a target price of $104.0 on 04/15/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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Formula One Group Rises as Investors Focus on F1 Momentum and MotoGP Integration
Formula One Group (FWONK) is up 4.9% today. Here is some analysis on what might have caused this price movement.
Analysis: The move appears tied to continued optimism around Formula One’s operating momentum and the added contribution from MotoGP, rather than a single fresh corporate announcement. This could be because investors are reacting to signs that Liberty’s motorsports portfolio is still growing in revenue, audience reach, and event demand heading into the next earnings report.
Details:
Sources:
Liberty Media, SEC, FIA
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$FWONK Insider Trading Activity
$FWONK insiders have traded $FWONK stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $FWONK stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$FWONK Hedge Fund Activity
We have seen 285 institutional investors add shares of $FWONK stock to their portfolio, and 254 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$FWONK Price Targets
Multiple analysts have issued price targets for $FWONK recently. We have seen 5 analysts offer price targets for $FWONK in the last 6 months, with a median target of $111.0.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »