Liberty Live Group (NASDAQ:LLYVA) Reaches New 52-Week High – What’s Next?

Liberty Live Group (NASDAQ:LLYVA)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $76.00 and last traded at $75.92, with a volume of 44266 shares. The stock had previously closed at $74.90.

Liberty Live Group Price Performance

The business’s 50 day moving average is $69.15 and its 200 day moving average is $56.48.

Insider Transactions at Liberty Live Group

In other Liberty Live Group news, CEO Gregory B. Maffei sold 35,463 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $71.53, for a total value of $2,536,668.39. Following the completion of the sale, the chief executive officer now owns 1,240,785 shares in the company, valued at $88,753,351.05. This represents a 2.78 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Brian J. Wendling sold 1,094 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $69.57, for a total transaction of $76,109.58. The disclosure for this sale can be found here.

Institutional Trading of Liberty Live Group

Several hedge funds and other institutional investors have recently modified their holdings of the company. Linonia Partnership LP raised its stake in shares of Liberty Live Group by 9.7% during the 3rd quarter. Linonia Partnership LP now owns 2,498,950 shares of the company’s stock worth $123,723,000 after purchasing an additional 220,317 shares in the last quarter. Vanguard Group Inc. increased its holdings in Liberty Live Group by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 2,002,784 shares of the company’s stock worth $133,305,000 after buying an additional 8,769 shares during the last quarter. Point72 Asset Management L.P. raised its position in Liberty Live Group by 3.3% during the third quarter. Point72 Asset Management L.P. now owns 1,574,300 shares of the company’s stock valued at $77,944,000 after acquiring an additional 49,784 shares in the last quarter. ValueAct Holdings L.P. acquired a new stake in Liberty Live Group in the third quarter valued at approximately $33,261,000. Finally, Arrowstreet Capital Limited Partnership grew its position in Liberty Live Group by 83.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 233,428 shares of the company’s stock worth $15,537,000 after acquiring an additional 105,942 shares in the last quarter. 25.07% of the stock is currently owned by hedge funds and other 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.