Alberta Investment Management Corp cut its holdings in Liberty Live Group (NASDAQ:LLYVK - Free Report) by 50.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 250,330 shares of the company's stock after selling 250,391 shares during the period. Alberta Investment Management Corp owned 0.27% of Liberty Live Group worth $17,037,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in LLYVK. Point72 Asia Singapore Pte. Ltd. boosted its stake in Liberty Live Group by 1,000.0% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 583 shares of the company's stock valued at $30,000 after buying an additional 530 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Liberty Live Group by 900.0% in the third quarter. Franklin Resources Inc. now owns 1,020 shares of the company's stock valued at $56,000 after purchasing an additional 918 shares in the last quarter. KBC Group NV increased its position in Liberty Live Group by 26.8% in the third quarter. KBC Group NV now owns 2,170 shares of the company's stock worth $111,000 after purchasing an additional 458 shares during the last quarter. Simon Quick Advisors LLC purchased a new stake in Liberty Live Group during the fourth quarter valued at $210,000. Finally, Miracle Mile Advisors LLC bought a new position in Liberty Live Group during the fourth quarter valued at $211,000. 60.36% of the stock is currently owned by institutional investors.
Liberty Live Group Stock Performance
Shares of NASDAQ:LLYVK traded down $1.12 on Friday, reaching $77.56. The company's stock had a trading volume of 238,803 shares, compared to its average volume of 195,144. The company has a 50-day simple moving average of $72.02 and a 200 day simple moving average of $59.89. Liberty Live Group has a 52-week low of $33.50 and a 52-week high of $81.66.
Insider Buying and Selling
In other news, CEO Gregory B. Maffei sold 35,463 shares of the firm's stock in a transaction dated 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 approximately $88,753,351.05. This trade represents a 2.78 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Liberty Live Group Company Profile
(
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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