Liberty Live Group (NASDAQ:LLYVA) Reaches New 12-Month High – What’s Next?

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

Liberty Live Group Stock Performance

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

Insider Buying and Selling

In other Liberty Live Group news, CAO Brian J. Wendling sold 1,094 shares of the business’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $69.57, for a total value of $76,109.58. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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 transaction of $76,045.64. Following the sale, the director now owns 5,274 shares of the company’s stock, valued at approximately $250,040.34. This represents a 23.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 31,911 shares of company stock valued at $2,403,701 over the last ninety days.

Institutional Trading of Liberty Live Group

A number of hedge funds have recently bought and sold shares of LLYVA. Linonia Partnership LP boosted its holdings in Liberty Live Group by 91.1% in the 2nd quarter. Linonia Partnership LP now owns 2,278,633 shares of the company’s stock worth $85,472,000 after buying an additional 1,086,337 shares during the period. ValueAct Holdings L.P. bought a new position in shares of Liberty Live Group in the third quarter worth about $33,261,000. HBK Investments L P purchased a new stake in shares of Liberty Live Group during the third quarter worth about $8,979,000. Point72 Asset Management L.P. raised its stake in Liberty Live Group by 13.4% during the 2nd quarter. Point72 Asset Management L.P. now owns 1,524,516 shares of the company’s stock valued at $57,185,000 after purchasing an additional 180,017 shares during the period. Finally, Bank of Montreal Can raised its stake in Liberty Live Group by 1,481.7% during the 2nd quarter. Bank of Montreal Can now owns 136,062 shares of the company’s stock valued at $5,108,000 after purchasing an additional 127,460 shares during the period. Hedge funds and other institutional investors 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.