Amundi Sells 888,394 Shares of Liberty Live Group (NASDAQ:LLYVK)

Amundi decreased its position in Liberty Live Group (NASDAQ:LLYVK) by 80.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 222,546 shares of the company’s stock after selling 888,394 shares during the quarter. Amundi owned approximately 0.24% of Liberty Live Group worth $15,022,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. lifted its stake in Liberty Live Group by 1,000.0% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 583 shares of the company’s stock worth $30,000 after acquiring an additional 530 shares during the period. Franklin Resources Inc. lifted its position in shares of Liberty Live Group by 900.0% in the 3rd quarter. Franklin Resources Inc. now owns 1,020 shares of the company’s stock worth $56,000 after purchasing an additional 918 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Liberty Live Group by 16.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,378 shares of the company’s stock valued at $94,000 after purchasing an additional 192 shares in the last quarter. KBC Group NV boosted its stake in shares of Liberty Live Group by 26.8% during the 3rd quarter. KBC Group NV now owns 2,170 shares of the company’s stock valued at $111,000 after purchasing an additional 458 shares in the last quarter. Finally, Simon Quick Advisors LLC purchased a new position in shares of Liberty Live Group during the fourth quarter valued at about $210,000. 60.36% of the stock is owned by institutional investors.

Liberty Live Group Price Performance

Shares of LLYVK opened at $64.96 on Friday. Liberty Live Group has a one year low of $33.50 and a one year high of $81.66. The company has a 50-day simple moving average of $72.40 and a two-hundred day simple moving average of $63.16. The firm has a market capitalization of $5.97 billion, a PE ratio of -191.06 and a beta of 1.55.

Insider Activity

In related news, CEO Gregory B. Maffei sold 35,463 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $71.53, for a total transaction of $2,536,668.39. Following the sale, the chief executive officer now owns 1,240,785 shares of the company’s stock, valued at $88,753,351.05. The trade was a 2.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Liberty Live Group 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.