LiveWire Group, Inc. (NYSE:LVWR) CEO Sells $16,770.00 in Stock

Posted by James Conley on Dec 4th, 2024

LiveWire Group, Inc. (NYSE:LVWR – Get Free Report) CEO Karim Donnez sold 2,795 shares of the stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $6.00, for a total transaction of $16,770.00. Following the transaction, the chief executive officer now owns 453,977 shares of the company’s stock, valued at $2,723,862. This represents a 0.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Karim Donnez also recently made the following trade(s):

On Wednesday, November 27th, Karim Donnez sold 9,202 shares of LiveWire Group stock. The shares were sold at an average price of $6.05, for a total transaction of $55,672.10.

LiveWire Group Trading Down 0.3 %

LVWR stock opened at $5.83 on Wednesday. The firm has a 50 day moving average of $6.15 and a 200-day moving average of $6.65. LiveWire Group, Inc. has a 12 month low of $5.20 and a 12 month high of $12.04. The firm has a market capitalization of $1.18 billion, a P/E ratio of -11.43 and a beta of 0.94.

LiveWire Group (NYSE:LVWR – Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The company reported ($0.11) 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.

Institutional Investors Weigh In On LiveWire Group

A hedge fund recently raised its stake in LiveWire Group stock. Barclays PLC boosted its stake in LiveWire Group, Inc. (NYSE:LVWR – Free Report) by 289.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,210 shares of the company’s stock after purchasing an additional 19,474 shares during the quarter. Barclays PLC’s holdings in LiveWire Group were worth $159,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 0.88% of the stock is owned by institutional investors.

About LiveWire Group

(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.