Point72 Asset Management L.P. Buys 180,017 Shares of Liberty Live Group (NASDAQ:LLYVA)

Point72 Asset Management L.P. boosted its position in shares of Liberty Live Group (NASDAQ:LLYVA - Free Report) by 13.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,524,516 shares of the company's stock after purchasing an additional 180,017 shares during the period. Point72 Asset Management L.P. owned 1.66% of Liberty Live Group worth $57,185,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its holdings in shares of Liberty Live Group by 31.4% in the 4th quarter. Principal Financial Group Inc. now owns 38,149 shares of the company's stock valued at $1,394,000 after purchasing an additional 9,115 shares during the period. Commerce Bank purchased a new stake in Liberty Live Group in the 4th quarter worth approximately $344,000. Bank of Nova Scotia purchased a new position in shares of Liberty Live Group during the 4th quarter valued at $3,995,000. Alberta Investment Management Corp increased its stake in shares of Liberty Live Group by 10.1% in the fourth quarter. Alberta Investment Management Corp now owns 764,951 shares of the company's stock worth $27,959,000 after acquiring an additional 70,000 shares during the last quarter. Finally, KBC Group NV acquired a new position in shares of Liberty Live Group in the fourth quarter worth $344,000. 25.07% of the stock is owned by institutional investors and hedge funds.

Liberty Live Group Price Performance

LLYVA traded up $1.90 during trading on Thursday, reaching $48.71. 301,518 shares of the stock traded hands, compared to its average volume of 150,179. The stock's 50-day simple moving average is $38.82 and its two-hundred day simple moving average is $38.27. Liberty Live Group has a fifty-two week low of $29.48 and a fifty-two week high of $49.16.

Liberty Live Group (NASDAQ:LLYVA - Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported $1.46 earnings per share (EPS) for the quarter.

Insider Activity at Liberty Live Group

In related news, CAO Brian J. Wendling sold 10,011 shares of Liberty Live Group stock in a transaction on Friday, September 20th. The shares were sold at an average price of $73.80, for a total value of $738,811.80. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Liberty Live Group news, insider Renee L. Wilm sold 19,202 shares of the business's stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $78.78, for a total value of $1,512,733.56. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Brian J. Wendling sold 10,011 shares of the firm's stock in a transaction on Friday, September 20th. The shares were sold at an average price of $73.80, for a total value of $738,811.80. The disclosure for this sale can be found here.

Liberty Live Group Profile

Liberty Live Group operates in the media, communications, and entertainment industries primarily in North America and the United Kingdom. The company is headquartered in Englewood, Colorado.