LiveWire Group, Inc. (NYSE:LVWR) Director Sells $32,950.00 in Stock

LiveWire Group, Inc. (NYSE:LVWR) Director Kjell Gruner sold 5,000 shares of the company’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $6.59, for a total transaction of $32,950.00. Following the completion of the sale, the director now owns 37,808 shares in the company, valued at approximately $249,154.72. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Kjell Gruner also recently made the following trade(s):

• On Monday, May 20th, Kjell Gruner sold 5,000 shares of LiveWire Group stock. The shares were sold at an average price of $6.53, for a total transaction of $32,650.00.
• On Wednesday, May 15th, Kjell Gruner sold 5,000 shares of LiveWire Group stock. The shares were sold at an average price of $6.63, for a total transaction of $33,150.00.
• On Monday, May 13th, Kjell Gruner sold 5,000 shares of LiveWire Group stock. The shares were sold at an average price of $6.67, for a total transaction of $33,350.00.
• On Thursday, May 9th, Kjell Gruner sold 5,000 shares of LiveWire Group stock. The shares were sold at an average price of $6.67, for a total transaction of $33,350.00.

LiveWire Group Trading Up 0.2 %

LVWR opened at $6.60 on Thursday. LiveWire Group, Inc. has a fifty-two week low of $5.71 and a fifty-two week high of $12.50. The company’s 50-day moving average price is $6.88 and its 200 day moving average price is $9.19.

LiveWire Group (NYSE:LVWR) last released its quarterly earnings data on Thursday, April 25th. The company reported ($0.12) earnings per share for the quarter. The business had revenue of $4.98 million for the quarter. LiveWire Group had a negative return on equity of 49.54% and a negative net margin of 317.96%.

Wall Street Analyst Weigh In

Separately, Citigroup dropped their price objective on shares of LiveWire Group from $7.75 to $7.25 and set a “neutral” rating on the stock in a research note on Thursday, May 9th.

LiveWire Group Company Profile

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.