Karim Donnez Sells 2,795 Shares of LiveWire Group, Inc. (NYSE:LVWR) Stock

LiveWire Group, Inc. (NYSE:LVWR) CEO Karim Donnez sold 2,795 shares of the stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $6.00, for a total transaction of $16,770.00. Following the transaction, the chief executive officer now owns 453,977 shares of the company’s stock, valued at approximately $2,723,862. The trade was a 0.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Wednesday, November 27th, Karim Donnez sold 9,202 shares of LiveWire Group stock. The shares were sold at an average price of $6.05, for a total transaction of $55,672.10.

LiveWire Group Stock Performance

LVWR opened at $5.83 on Wednesday. The firm has a market cap of $1.18 billion, a P/E ratio of -11.43 and a beta of 0.94. The firm has a 50-day moving average of $6.15 and a 200 day moving average of $6.65. LiveWire Group, Inc. has a fifty-two week low of $5.20 and a fifty-two week high of $12.04.

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

Hedge Funds Weigh In On LiveWire Group

An institutional investor recently raised its position in LiveWire Group stock. Bank of New York Mellon Corp grew its holdings in shares of LiveWire Group, Inc. (NYSE:LVWR) by 3.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,209 shares of the company’s stock after purchasing an additional 1,530 shares during the quarter. Bank of New York Mellon Corp’s holdings in LiveWire Group were worth $362,000 at the end of the most recent reporting period. 0.88% of the stock is owned by hedge funds and other institutional investors.

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.