LiveWire Group, Inc. (NYSE:LVWR - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $4.52 and last traded at $4.66, with a volume of 19418 shares changing hands. The stock had previously closed at $4.88.
LiveWire Group Stock Performance
The firm has a 50-day moving average of $5.90 and a 200-day moving average of $6.49. The firm has a market capitalization of $926.82 million, a P/E ratio of -8.94 and a beta of 0.94.
LiveWire Group (NYSE:LVWR - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The company reported ($0.11) EPS for the quarter. The firm had revenue of $4.45 million for the quarter. LiveWire Group had a negative net margin of 336.65% and a negative return on equity of 60.75%.
Insider Buying and Selling
In other LiveWire Group news, CEO Karim Donnez sold 9,202 shares of LiveWire Group stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $6.05, for a total value of $55,672.10. Following the completion of the transaction, the chief executive officer now directly owns 456,772 shares of the company's stock, valued at approximately $2,763,470.60. The trade was a 1.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 12,729 shares of company stock valued at $76,841 over the last three months. Corporate insiders own 1.92% of the company's stock.
Institutional Investors Weigh In On LiveWire Group
A number of large investors have recently added to or reduced their stakes in LVWR. JPMorgan Chase & Co. boosted its holdings in LiveWire Group by 201.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 30,166 shares of the company's stock worth $184,000 after buying an additional 20,144 shares during the period. Barclays PLC boosted its position in shares of LiveWire Group by 289.1% during the 3rd quarter. Barclays PLC now owns 26,210 shares of the company's stock valued at $159,000 after acquiring an additional 19,474 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of LiveWire Group by 3.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 47,209 shares of the company's stock worth $362,000 after buying an additional 1,530 shares in the last quarter. Institutional investors own 0.88% of the company's stock.
About LiveWire Group
(
Get Free Report)
LiveWire Group, Inc manufactures electric motorcycles in the United States and internationally. It operates in two segments Electric Motorcycles and STACYC. The company designs and sells electric motorcycles and parts, accessories, and apparel; and electric balance bikes for kids. It serves wholesalers, independent dealers, retailers, and through online.
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