Insider Selling: LiveWire Group, Inc. (NYSE:LVWR) CEO Sells 9,202 Shares of Stock

LiveWire Group, Inc. (NYSE:LVWR) CEO Karim Donnez sold 9,202 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $6.05, for a total value of $55,672.10. Following the completion of the sale, the chief executive officer now directly owns 456,772 shares of the company’s stock, valued at $2,763,470.60. The trade was a 1.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Karim Donnez also recently made the following trade(s):

• On Friday, November 29th, Karim Donnez sold 2,795 shares of LiveWire Group stock. The stock was sold at an average price of $6.00, for a total value of $16,770.00.

LiveWire Group Trading Down 2.5 %

Shares of LiveWire Group stock traded down $0.15 during trading hours on Monday, reaching $5.85. 14,267 shares of the company’s stock were exchanged, compared to its average volume of 25,825. LiveWire Group, Inc. has a 52-week low of $5.20 and a 52-week high of $12.04. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of -11.43 and a beta of 0.95. The company has a fifty day moving average of $6.17 and a 200-day moving average of $6.66.

LiveWire Group (NYSE:LVWR) last released its quarterly earnings data on Thursday, October 24th. The company reported ($0.11) EPS for the quarter. The company had revenue of $4.45 million during the quarter. LiveWire Group had a negative net margin of 336.65% and a negative return on equity of 60.75%.

Institutional Investors Weigh In On LiveWire Group

An institutional investor recently raised its position in LiveWire Group stock. Barclays PLC boosted its position in shares of LiveWire Group, Inc. (NYSE:LVWR) by 289.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 26,210 shares of the company’s stock after purchasing an additional 19,474 shares during the period. Barclays PLC’s holdings in LiveWire Group were worth $159,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 0.88% of the company’s stock.

LiveWire Group Company Profile

LiveWire Group, Inc manufactures electric motorcycles in the United States and internationally. It operates in two segments Electric Motorcycles and STACYC. The company designs and sells electric motorcycles and parts, accessories, and apparel; and electric balance bikes for kids. It serves wholesalers, independent dealers, retailers, and through online.