Liberty Live Group (NASDAQ:LLYVA) Hits New 52-Week High – What’s Next?

Liberty Live Group (NASDAQ:LLYVA)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $67.55 and last traded at $67.40, with a volume of 48780 shares changing hands. The stock had previously closed at $66.61.

Liberty Live Group Stock Performance

The firm has a 50-day simple moving average of $53.84 and a two-hundred day simple moving average of $43.09.

Insider Transactions at Liberty Live Group

In other Liberty Live Group news, insider Renee L. Wilm sold 19,202 shares of Liberty Live Group 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 Securities & Exchange Commission, which is available at this hyperlink. Also, 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 value of $76,045.64. Following the sale, the director now owns 5,274 shares in the company, valued at $250,040.34. This trade represents a 23.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 30,817 shares of company stock worth $2,327,591 over the last quarter.

Institutional Investors Weigh In On Liberty Live Group

Institutional investors have recently added to or reduced their stakes in the stock. Hsbc Holdings PLC acquired a new stake in Liberty Live Group in the 2nd quarter worth about $2,484,000. Vanguard Group Inc. lifted its position in shares of Liberty Live Group by 2.3% in the first quarter. Vanguard Group Inc. now owns 2,040,447 shares of the company’s stock valued at $86,413,000 after acquiring an additional 45,325 shares in the last quarter. Susquehanna International Group LLP lifted its position in shares of Liberty Live Group by 22.2% in the second quarter. Susquehanna International Group LLP now owns 169,186 shares of the company’s stock valued at $6,346,000 after acquiring an additional 30,775 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Liberty Live Group in the second quarter worth approximately $560,000. Finally, Linonia Partnership LP increased its position in shares of Liberty Live Group by 91.1% during the second quarter. Linonia Partnership LP now owns 2,278,633 shares of the company’s stock worth $85,472,000 after purchasing an additional 1,086,337 shares in the last quarter. Institutional investors and hedge funds own 25.07% 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.