Liberty Live Group (NASDAQ:LLYVA) Sets New 52-Week High – Still a Buy?

Liberty Live Group (NASDAQ:LLYVA)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $65.79 and last traded at $64.28, with a volume of 67366 shares changing hands. The stock had previously closed at $60.21.

Liberty Live Group Stock Performance

The stock has a 50 day moving average of $49.53 and a 200 day moving average of $41.53.

Insider Activity at Liberty Live Group

In other news, Director Andrea L. Wong sold 1,604 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 5,274 shares in the company, valued at approximately $250,040.34. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Liberty Live Group news, Director Andrea L. Wong sold 1,604 shares of the firm’s stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of $47.41, for a total transaction of $76,045.64. Following the transaction, the director now owns 5,274 shares of the company’s stock, valued at approximately $250,040.34. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Brian J. Wendling sold 10,011 shares of the company’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $73.80, for a total transaction of $738,811.80. The disclosure for this sale can be found here. Insiders have sold a total of 30,817 shares of company stock worth $2,327,591 in the last ninety days.

Hedge Funds Weigh In On Liberty Live Group

Several hedge funds have recently modified their holdings of the company. Whittier Trust Co. raised its holdings in shares of Liberty Live Group by 6,756.5% during the second quarter. Whittier Trust Co. now owns 1,577 shares of the company’s stock valued at $59,000 after acquiring an additional 1,554 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in Liberty Live Group during the 1st quarter valued at $226,000. XTX Topco Ltd raised its stake in Liberty Live Group by 28.4% during the 2nd quarter. XTX Topco Ltd now owns 7,113 shares of the company’s stock valued at $267,000 after purchasing an additional 1,574 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Liberty Live Group by 21.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,417 shares of the company’s stock valued at $466,000 after purchasing an additional 2,230 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of Liberty Live Group by 6.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,366 shares of the company’s stock worth $482,000 after buying an additional 647 shares during the period. 25.07% of the stock is currently owned by institutional investors and hedge funds.

About Liberty Live Group

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.