LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $3.07, but opened at $3.32. LiveWire Group shares last traded at $3.09, with a volume of 6,267 shares traded.
LiveWire Group Price Performance
The stock's 50-day moving average price is $4.56 and its 200-day moving average price is $5.73. The company has a market cap of $546.74 million, a P/E ratio of -5.85 and a beta of 0.94.
LiveWire Group (NYSE:LVWR - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported ($0.11) earnings per share (EPS) for the quarter. LiveWire Group had a negative net margin of 352.66% and a negative return on equity of 58.65%. During the same quarter in the prior year, the company posted ($0.16) earnings per share.
Insider Activity at LiveWire Group
In related news, CEO Karim Donnez sold 9,202 shares of the company's stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $6.05, for a total transaction of $55,672.10. Following the completion of the sale, the chief executive officer now owns 456,772 shares of the company's stock, valued at $2,763,470.60. This represents a 1.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last ninety days, insiders sold 12,729 shares of company stock worth $76,841. Company insiders own 1.92% of the company's stock.
Hedge Funds Weigh In On LiveWire Group
Hedge funds and other institutional investors have recently made changes to their positions in the company. 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 worth $159,000 after acquiring an additional 19,474 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in LiveWire Group by 201.0% during the third quarter. JPMorgan Chase & Co. now owns 30,166 shares of the company's stock worth $184,000 after purchasing an additional 20,144 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of LiveWire Group by 14.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 46,511 shares of the company's stock valued at $224,000 after purchasing an additional 5,968 shares during the last quarter. 0.88% of the stock is currently owned by institutional investors and hedge funds.
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.
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