Liberty Live Group (NASDAQ:LLYVA - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $79.38 and last traded at $79.12, with a volume of 21382 shares trading hands. The stock had previously closed at $79.08.
Liberty Live Group Trading Down 1.5 %
The business's fifty day simple moving average is $70.34 and its two-hundred day simple moving average is $58.49.
Insiders Place Their Bets
In related news, CEO Gregory B. Maffei sold 35,463 shares of the company's 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 sale, the chief executive officer now directly owns 1,240,785 shares of the company's stock, valued at $88,753,351.05. This represents a 2.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Institutional Trading of Liberty Live Group
A number of large investors have recently made changes to their positions in the company. Linonia Partnership LP boosted its position in shares of Liberty Live Group by 9.7% in the 3rd quarter. Linonia Partnership LP now owns 2,498,950 shares of the company's stock valued at $123,723,000 after purchasing an additional 220,317 shares during the period. Vanguard Group Inc. increased its stake 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 valued at $133,305,000 after purchasing an additional 8,769 shares during the period. Point72 Asset Management L.P. increased its stake in Liberty Live Group by 3.3% in 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 purchasing an additional 49,784 shares during the period. ValueAct Holdings L.P. increased its stake in Liberty Live Group by 88.8% in the fourth quarter. ValueAct Holdings L.P. now owns 1,268,448 shares of the company's stock valued at $84,428,000 after purchasing an additional 596,648 shares during the period. Finally, Sculptor Capital LP increased its stake in Liberty Live Group by 8.4% in the fourth quarter. Sculptor Capital LP now owns 1,100,000 shares of the company's stock valued at $73,216,000 after purchasing an additional 84,875 shares during the period. 25.07% of the stock is owned by institutional investors and hedge funds.
About Liberty Live Group
(
Get 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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