Great Lakes Advisors LLC Buys New Position in Liberty Live Group (NASDAQ:LLYVK)

Great Lakes Advisors LLC purchased a new position in shares of Liberty Live Group (NASDAQ:LLYVK - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 99,522 shares of the company's stock, valued at approximately $6,773,000. Great Lakes Advisors LLC owned about 0.11% of Liberty Live Group at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. ValueAct Holdings L.P. purchased a new stake in Liberty Live Group in the 3rd quarter worth approximately $68,654,000. Linonia Partnership LP increased its stake in shares of Liberty Live Group by 7.3% in the third quarter. Linonia Partnership LP now owns 5,703,902 shares of the company's stock worth $292,781,000 after purchasing an additional 389,078 shares in the last quarter. Bamco Inc. NY raised its position in shares of Liberty Live Group by 23.4% during the 3rd quarter. Bamco Inc. NY now owns 1,167,019 shares of the company's stock valued at $59,903,000 after purchasing an additional 221,666 shares during the period. Makena Capital Management LLC purchased a new position in shares of Liberty Live Group during the 3rd quarter valued at $10,222,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of Liberty Live Group by 61.8% during the 4th quarter. Bank of New York Mellon Corp now owns 224,606 shares of the company's stock valued at $15,287,000 after buying an additional 85,763 shares in the last quarter. Institutional investors own 60.36% of the company's stock.

Liberty Live Group Stock Performance

Shares of LLYVK stock opened at $62.79 on Friday. The stock has a fifty day simple moving average of $72.46 and a two-hundred day simple moving average of $62.99. The firm has a market capitalization of $5.77 billion, a PE ratio of -184.68 and a beta of 1.55. Liberty Live Group has a 52-week low of $33.50 and a 52-week high of $81.66.

Insider Transactions at Liberty Live Group

In related news, CEO Gregory B. Maffei sold 35,463 shares of the firm's stock in a transaction on Monday, December 16th. The shares were sold at an average price of $71.53, for a total transaction of $2,536,668.39. Following the completion of the transaction, the chief executive officer now directly owns 1,240,785 shares of the company's stock, valued at approximately $88,753,351.05. This trade represents a 2.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Liberty Live Group Company Profile

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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