Shares of LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) traded down 5.5% during trading on Thursday . The stock traded as low as $4.61 and last traded at $4.61. 3,203 shares were traded during mid-day trading, a decline of 88% from the average session volume of 26,606 shares. The stock had previously closed at $4.88.
LiveWire Group Stock Down 4.5 %
The stock has a market cap of $947.15 million, a PE ratio of -9.14 and a beta of 0.94. The business has a 50 day moving average price of $5.94 and a 200 day moving average price of $6.51.
LiveWire Group (NYSE:LVWR - Get Free Report) last posted its earnings results on Thursday, October 24th. The company reported ($0.11) earnings per share (EPS) for the quarter. LiveWire Group had a negative net margin of 336.65% and a negative return on equity of 60.75%. The firm had revenue of $4.45 million during the quarter.
Insiders Place Their Bets
In other news, CEO Karim Donnez sold 9,202 shares of the firm'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 value of $55,672.10. Following the transaction, the chief executive officer now owns 456,772 shares in the company, valued at $2,763,470.60. This trade represents a 1.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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.
Institutional Trading of LiveWire Group
Large investors have recently bought and sold shares of the business. Barclays PLC grew its holdings in LiveWire Group by 289.1% in the 3rd quarter. Barclays PLC now owns 26,210 shares of the company's stock valued at $159,000 after buying an additional 19,474 shares in the last quarter. JPMorgan Chase & Co. grew its position in LiveWire Group by 201.0% in the third quarter. JPMorgan Chase & Co. now owns 30,166 shares of the company's stock worth $184,000 after acquiring an additional 20,144 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in shares of LiveWire Group by 3.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 47,209 shares of the company's stock worth $362,000 after purchasing an additional 1,530 shares during the period. Hedge funds and other institutional investors own 0.88% of the company's stock.
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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