Lions Gate Entertainment Corp. (NYSE:LGF-B) Major Shareholder Liberty 77 Capital L.P. Acquires 119,587 Shares

Lions Gate Entertainment Corp. (NYSE:LGF-B) major shareholder Liberty 77 Capital L.P. acquired 119,587 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The shares were acquired at an average price of $8.49 per share, for a total transaction of $1,015,293.63. Following the purchase, the insider now owns 10,998,945 shares of the company’s stock, valued at $93,381,043.05. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Liberty 77 Capital L.P. also recently made the following trade(s):

• On Friday, July 26th, Liberty 77 Capital L.P. purchased 209,209 shares of Lions Gate Entertainment stock. The stock was purchased at an average price of $8.50 per share, for a total transaction of $1,778,276.50.
• On Tuesday, July 23rd, Liberty 77 Capital L.P. purchased 95,781 shares of Lions Gate Entertainment stock. The stock was purchased at an average price of $8.51 per share, for a total transaction of $815,096.31.
• On Tuesday, July 9th, Liberty 77 Capital L.P. purchased 289,488 shares of Lions Gate Entertainment stock. The stock was purchased at an average price of $8.73 per share, for a total transaction of $2,527,230.24.
• On Monday, June 24th, Liberty 77 Capital L.P. acquired 42,922 shares of Lions Gate Entertainment stock. The shares were bought at an average price of $8.64 per share, for a total transaction of $370,846.08.
• On Friday, June 21st, Liberty 77 Capital L.P. acquired 6,047 shares of Lions Gate Entertainment stock. The shares were bought at an average price of $8.51 per share, for a total transaction of $51,459.97.
• On Friday, June 14th, Liberty 77 Capital L.P. acquired 98,858 shares of Lions Gate Entertainment stock. The shares were bought at an average price of $8.19 per share, for a total transaction of $809,647.02.
• On Wednesday, June 12th, Liberty 77 Capital L.P. acquired 275,245 shares of Lions Gate Entertainment stock. The shares were bought at an average price of $8.01 per share, for a total transaction of $2,204,712.45.

Lions Gate Entertainment Price Performance

Shares of NYSE LGF-B traded down $0.08 during mid-day trading on Tuesday, reaching $7.81. 2,627,040 shares of the company traded hands. The company has a fifty day moving average of $7.99 and a two-hundred day moving average of $8.91.

About Lions Gate Entertainment

Lions Gate Entertainment Corp. engages in the film, television, subscription, and location-based entertainment businesses in the United States, Canada, and internationally. The company operates through three segments: Motion Picture, Television Production, and Media Networks. The Motion Picture segment engages in the development and production of feature films; acquisition of North American and worldwide distribution rights; North American theatrical, home entertainment, and television distribution of feature films produced and acquired; and worldwide licensing of distribution rights to feature films produced and acquired.