Liberty Live Group (NASDAQ:LLYVA) Hits New 1-Year High – Here’s Why

Liberty Live Group (NASDAQ:LLYVA) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $72.59 and last traded at $71.79, with a volume of 3757 shares trading hands. The stock had previously closed at $71.96.

Liberty Live Group Trading Down 1.7 %

The company’s 50-day simple moving average is $57.41 and its 200-day simple moving average is $44.56.

Insider Buying and Selling at Liberty Live Group

In other news, insider Renee L. Wilm sold 19,202 shares of the business’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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Brian J. Wendling sold 1,094 shares of Liberty Live Group stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $69.57, for a total value of $76,109.58. The disclosure for this sale can be found here. In the last quarter, insiders have sold 31,911 shares of company stock worth $2,403,701.

Institutional Investors Weigh In On Liberty Live Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Point72 DIFC Ltd bought a new stake in Liberty Live Group during the 3rd quarter worth approximately $77,000. Whittier Trust Co. raised its holdings in shares of Liberty Live Group by 6,756.5% in the 2nd 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 in the last quarter. Quantinno Capital Management LP bought a new stake in shares of Liberty Live Group during the 3rd quarter valued at about $222,000. XTX Topco Ltd grew its holdings in shares of Liberty Live Group by 28.4% during the second quarter. XTX Topco Ltd now owns 7,113 shares of the company’s stock worth $267,000 after purchasing an additional 1,574 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased 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 purchasing an additional 647 shares during the last quarter. 25.07% of the stock is currently owned by institutional investors.

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.