ValueAct Holdings L.P. acquired a new stake in shares of Liberty Live Group (NASDAQ:LLYVA - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 671,800 shares of the company's stock, valued at approximately $33,261,000. Liberty Live Group makes up about 0.8% of ValueAct Holdings L.P.'s investment portfolio, making the stock its 11th biggest position. ValueAct Holdings L.P. owned 0.73% of Liberty Live Group at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of LLYVA. Whittier Trust Co. raised its stake in shares of Liberty Live Group by 6,756.5% in the 2nd quarter. Whittier Trust Co. now owns 1,577 shares of the company's stock valued at $59,000 after purchasing an additional 1,554 shares in the last quarter. Point72 DIFC Ltd bought a new stake in Liberty Live Group in the third quarter valued at about $77,000. Quantinno Capital Management LP acquired a new stake in Liberty Live Group during the third quarter valued at approximately $222,000. XTX Topco Ltd lifted its holdings in Liberty Live Group by 28.4% during the 2nd quarter. XTX Topco Ltd now owns 7,113 shares of the company's stock worth $267,000 after buying an additional 1,574 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Liberty Live Group by 21.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,417 shares of the company's stock worth $466,000 after acquiring an additional 2,230 shares in the last quarter. 25.07% of the stock is currently owned by hedge funds and other institutional investors.
Liberty Live Group Stock Performance
Shares of LLYVA stock traded up $0.41 on Friday, hitting $71.84. 46,798 shares of the stock traded hands, compared to its average volume of 195,639. The company's fifty day moving average is $59.94 and its 200 day moving average is $45.70. Liberty Live Group has a 1-year low of $31.90 and a 1-year high of $72.59.
Insiders Place Their Bets
In other Liberty Live Group news, CAO Brian J. Wendling sold 10,011 shares of the stock in a transaction on Friday, September 20th. The stock was sold at an average price of $73.80, for a total value of $738,811.80. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Renee L. Wilm sold 19,202 shares of the firm's stock in a transaction on Friday, September 20th. The shares were sold at an average price of $78.78, for a total value of $1,512,733.56. The disclosure for this sale can be found here. Over the last three months, insiders have sold 31,911 shares of company stock valued at $2,403,701.
About Liberty Live Group
(
Free Report)
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.
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