LiveWire Group, Inc. (NYSE:LVWR - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $3.03 and last traded at $3.07, with a volume of 51038 shares trading hands. The stock had previously closed at $3.35.
LiveWire Group Trading Down 5.6 %
The stock has a market capitalization of $585.36 million, a PE ratio of -5.65 and a beta of 0.95. The firm has a 50-day moving average price of $4.68 and a 200-day moving average price of $5.79.
LiveWire Group (NYSE:LVWR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The company reported ($0.11) EPS for the quarter. LiveWire Group had a negative net margin of 336.65% and a negative return on equity of 60.75%. During the same period in the previous year, the firm posted ($0.16) EPS.
Insider Activity at LiveWire Group
In other news, CEO Karim Donnez sold 9,202 shares of the 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 sale, the chief executive officer now directly owns 456,772 shares of the company's stock, valued at approximately $2,763,470.60. This represents a 1.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last ninety days, insiders have sold 12,729 shares of company stock worth $76,841. 1.92% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its stake in LiveWire Group by 14.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 46,511 shares of the company's stock worth $224,000 after acquiring an additional 5,968 shares during the last quarter. Barclays PLC boosted its holdings in shares of LiveWire Group by 289.1% in the 3rd quarter. Barclays PLC now owns 26,210 shares of the company's stock worth $159,000 after purchasing an additional 19,474 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of LiveWire Group by 201.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 30,166 shares of the company's stock valued at $184,000 after buying an additional 20,144 shares in the last quarter. 0.88% of the stock is currently owned by hedge funds and other institutional investors.
LiveWire Group Company Profile
(
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.
Further Reading
Before you consider LiveWire Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and LiveWire Group wasn't on the list.
While LiveWire Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for March 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
