Liberty Live Group (NASDAQ:LLYVK) Hits New 52-Week High – Here’s What Happened

Shares of Liberty Live Group (NASDAQ:LLYVK) hit a new 52-week high on Wednesday . The stock traded as high as $75.70 and last traded at $75.48, with a volume of 269610 shares trading hands. The stock had previously closed at $73.93.

Liberty Live Group Trading Up 0.0 %

The company has a 50 day moving average of $70.57 and a two-hundred day moving average of $56.66.

Liberty Live Group (NASDAQ:LLYVK) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.16 earnings per share for the quarter.

Insider Buying and Selling

In related news, CAO Brian J. Wendling sold 1,094 shares of the 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gregory B. Maffei sold 35,463 shares of Liberty Live Group stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $71.53, for a total value of $2,536,668.39. Following the completion of the transaction, the chief executive officer now directly owns 1,240,785 shares in the company, valued at $88,753,351.05. This represents a 2.78 % decrease in their position. The disclosure for this sale can be found here.

Institutional Investors Weigh In On Liberty Live Group

Several hedge funds have recently made changes to their positions in the company. Walleye Capital LLC purchased a new position in Liberty Live Group during the 3rd quarter valued at about $976,000. Geode Capital Management LLC boosted its holdings in shares of Liberty Live Group by 1.6% during the third quarter. Geode Capital Management LLC now owns 800,045 shares of the company’s stock worth $41,078,000 after purchasing an additional 12,224 shares during the period. XTX Topco Ltd purchased a new position in Liberty Live Group during the third quarter valued at approximately $408,000. Waldron Private Wealth LLC purchased a new position in Liberty Live Group during the fourth quarter valued at approximately $256,000. Finally, KBC Group NV increased its stake in Liberty Live Group by 25.7% in the 4th quarter. KBC Group NV now owns 2,727 shares of the company’s stock valued at $186,000 after buying an additional 557 shares during the period. Hedge funds and other institutional investors own 60.36% of the company’s stock.

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.