Liberty Live Group (NASDAQ:LLYVK) Hits New 1-Year High – Here’s What Happened

Liberty Live Group (NASDAQ:LLYVK)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $73.15 and last traded at $72.41, with a volume of 106821 shares trading hands. The stock had previously closed at $72.28.

Liberty Live Group Trading Up 1.2 %

The company’s 50 day simple moving average is $58.41 and its 200-day simple moving average is $45.46.

Insider Buying and Selling

In other news, insider Renee L. Wilm sold 19,202 shares of the company’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $78.78, for a total transaction of $1,512,733.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Brian J. Wendling sold 1,094 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $69.57, for a total transaction of $76,109.58. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 31,911 shares of company stock worth $2,403,701.

Institutional Trading of Liberty Live Group

A number of institutional investors have recently modified their holdings of the company. D. E. Shaw & Co. Inc. increased its holdings in Liberty Live Group by 7.9% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,404,019 shares of the company’s stock valued at $53,732,000 after purchasing an additional 102,967 shares in the last quarter. Lighthouse Investment Partners LLC raised its holdings in shares of Liberty Live Group by 33.3% during the 2nd quarter. Lighthouse Investment Partners LLC now owns 170,032 shares of the company’s stock valued at $6,507,000 after buying an additional 42,457 shares during the period. Troluce Capital Advisors LLC lifted its position in Liberty Live Group by 39.3% during the 2nd quarter. Troluce Capital Advisors LLC now owns 1,305,000 shares of the company’s stock worth $49,942,000 after acquiring an additional 367,900 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Liberty Live Group by 5.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,082,764 shares of the company’s stock worth $55,578,000 after acquiring an additional 54,473 shares during the period. Finally, Makena Capital Management LLC purchased a new stake in shares of Liberty Live Group during the third quarter valued at approximately $10,222,000. Hedge funds and other institutional investors 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.