Liberty Live Group (NASDAQ:LLYVK) Hits New 12-Month High – Here’s Why

Shares of Liberty Live Group (NASDAQ:LLYVK) hit a new 52-week high on Wednesday . The company traded as high as $62.31 and last traded at $61.89, with a volume of 46322 shares changing hands. The stock had previously closed at $58.24.

Liberty Live Group Trading Down 0.9 %

The business’s 50-day moving average is $49.60 and its two-hundred day moving average is $42.20.

Liberty Live Group (NASDAQ:LLYVK) last released its quarterly earnings results on Thursday, August 8th. The company reported $1.46 EPS for the quarter.

Insider Buying and Selling at Liberty Live Group

In other Liberty Live Group news, insider Renee L. Wilm sold 19,202 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $78.78, for a total transaction of $1,512,733.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Renee L. Wilm sold 19,202 shares of the company’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of $78.78, for a total value of $1,512,733.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Andrea L. Wong sold 1,604 shares of the firm’s stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $47.41, for a total transaction of $76,045.64. Following the transaction, the director now directly owns 5,274 shares of the company’s stock, valued at approximately $250,040.34. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 30,817 shares of company stock valued at $2,327,591 in the last ninety days.

Hedge Funds Weigh In On Liberty Live Group

A number of hedge funds have recently added to or reduced their stakes in LLYVK. SG Americas Securities LLC acquired a new stake in shares of Liberty Live Group during the 1st quarter worth approximately $5,687,000. Sei Investments Co. increased its position in Liberty Live Group by 5.9% in the first quarter. Sei Investments Co. now owns 197,319 shares of the company’s stock worth $8,646,000 after buying an additional 11,059 shares during the period. Natixis increased its holdings in shares of Liberty Live Group by 33.2% in the 1st quarter. Natixis now owns 126,000 shares of the company’s stock worth $5,521,000 after acquiring an additional 31,375 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in shares of Liberty Live Group by 5.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 26,138 shares of the company’s stock worth $1,146,000 after acquiring an additional 1,378 shares during the period. Finally, Bamco Inc. NY lifted its position in Liberty Live Group by 5.6% in the 1st quarter. Bamco Inc. NY now owns 943,458 shares of the company’s stock valued at $41,342,000 after purchasing an additional 50,000 shares during the last quarter. Institutional investors and hedge funds own 60.36% of the company’s stock.

Liberty Live Group Company Profile

Liberty Live Group operates in the media, communications, and entertainment industries primarily in North America and the United Kingdom. The company is headquartered in Englewood, Colorado.