Insider Buying: Liberty Live Group (NASDAQ:LLYVA) Major Shareholder Buys 123,388 Shares of Stock

Liberty Live Group (NASDAQ:LLYVA) major shareholder Berkshire Hathaway Inc purchased 123,388 shares of the stock in a transaction on Wednesday, April 24th. The shares were purchased at an average price of $25.22 per share, with a total value of $3,111,845.36. Following the acquisition, the insider now directly owns 34,805,607 shares in the company, valued at $877,797,408.54. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Berkshire Hathaway Inc also recently made the following trade(s):

• On Friday, April 26th, Berkshire Hathaway Inc acquired 219,303 shares of Liberty Live Group stock. The shares were bought at an average price of $24.46 per share, with a total value of $5,364,151.38.
• On Friday, April 12th, Berkshire Hathaway Inc acquired 413,227 shares of Liberty Live Group stock. The shares were bought at an average price of $25.58 per share, with a total value of $10,570,346.66.
• On Wednesday, April 10th, Berkshire Hathaway Inc acquired 513,104 shares of Liberty Live Group stock. The shares were bought at an average price of $25.96 per share, with a total value of $13,320,179.84.
• On Monday, April 8th, Berkshire Hathaway Inc acquired 938,896 shares of Liberty Live Group stock. The shares were bought at an average price of $26.98 per share, with a total value of $25,331,414.08.
• On Thursday, April 4th, Berkshire Hathaway Inc purchased 1,250,000 shares of Liberty Live Group stock. The shares were bought at an average cost of $27.76 per share, for a total transaction of $34,700,000.00.
• On Wednesday, March 27th, Berkshire Hathaway Inc acquired 189,759 shares of Liberty Live Group stock. The stock was acquired at an average cost of $29.25 per share, for a total transaction of $5,550,450.75.
• On Monday, March 25th, Berkshire Hathaway Inc acquired 199,664 shares of Liberty Live Group stock. The stock was acquired at an average cost of $28.82 per share, for a total transaction of $5,754,316.48.
• On Thursday, March 21st, Berkshire Hathaway Inc acquired 333,916 shares of Liberty Live Group stock. The stock was acquired at an average cost of $28.92 per share, for a total transaction of $9,656,850.72.
• On Monday, March 11th, Berkshire Hathaway Inc acquired 20,609 shares of Liberty Live Group stock. The stock was acquired at an average cost of $29.94 per share, for a total transaction of $617,033.46.
• On Friday, March 8th, Berkshire Hathaway Inc bought 521,804 shares of Liberty Live Group stock. The stock was purchased at an average price of $29.86 per share, for a total transaction of $15,581,067.44.

Liberty Live Group Stock Performance

NASDAQ:LLYVA opened at $36.26 on Friday. The company’s 50-day moving average is $39.10 and its two-hundred day moving average is $35.97. Liberty Live Group has a 12-month low of $29.48 and a 12-month high of $43.24.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LLYVA. DAVENPORT & Co LLC purchased a new position in Liberty Live Group in the 3rd quarter valued at about $1,151,000. Secure Asset Management LLC purchased a new position in Liberty Live Group in the 3rd quarter valued at about $353,000. Camelot Portfolios LLC purchased a new position in Liberty Live Group in the 3rd quarter valued at about $366,000. Pinnacle Associates Ltd. purchased a new position in Liberty Live Group in the 3rd quarter valued at about $3,222,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Liberty Live Group during the 3rd quarter worth about $1,575,000. 25.07% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Live Group Company 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.