Shares of LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $5.74, but opened at $5.57. LiveWire Group shares last traded at $5.47, with a volume of 4,732 shares.
LiveWire Group Stock Down 2.4 %
The company has a market cap of $1.14 billion, a P/E ratio of -11.04 and a beta of 0.94. The company has a fifty day moving average of $6.09 and a 200 day moving average of $6.59.
LiveWire Group (NYSE:LVWR - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The company reported ($0.11) earnings per share (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 Activity
In other news, CEO Karim Donnez sold 9,202 shares of the company's stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $6.05, for a total transaction of $55,672.10. Following the sale, the chief executive officer now directly owns 456,772 shares of the company's stock, valued at $2,763,470.60. This represents a 1.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 12,729 shares of company stock valued at $76,841 in the last 90 days. Company insiders own 1.92% of the company's stock.
Institutional Investors Weigh In On LiveWire Group
A hedge fund recently raised its stake in LiveWire Group stock. Barclays PLC grew its holdings in shares of LiveWire Group, Inc. (NYSE:LVWR - Free Report) by 289.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 26,210 shares of the company's stock after buying an additional 19,474 shares during the quarter. Barclays PLC's holdings in LiveWire Group were worth $159,000 at the end of the most recent reporting period. 0.88% of the stock is owned by hedge funds and other institutional investors.
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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