Liberty Live Group (NASDAQ:LLYVA) Reaches New 52-Week High – Here’s Why

Shares of Liberty Live Group (NASDAQ:LLYVA) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $74.99 and last traded at $74.23, with a volume of 198909 shares. The stock had previously closed at $74.04.

Liberty Live Group Price Performance

The business’s 50 day moving average price is $69.00 and its 200-day moving average price is $55.42.

Liberty Live Group (NASDAQ:LLYVA) last released its earnings results on Tuesday, November 12th. The company reported $0.16 EPS for the quarter.

Insider Buying and Selling

In related news, CAO Brian J. Wendling sold 1,094 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $69.57, for a total value of $76,109.58. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Gregory B. Maffei sold 35,463 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $71.53, for a total value of $2,536,668.39. Following the transaction, the chief executive officer now owns 1,240,785 shares of the company’s stock, valued at approximately $88,753,351.05. The trade was a 2.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here.

Institutional Trading of Liberty Live Group

Large investors have recently added to or reduced their stakes in the business. Daiwa Securities Group Inc. bought a new stake in shares of Liberty Live Group during the 4th quarter worth about $27,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Liberty Live Group by 4.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,938 shares of the company’s stock valued at $861,000 after acquiring an additional 521 shares during the period. Raymond James Financial Inc. bought a new stake in Liberty Live Group during the fourth quarter worth approximately $559,000. Proficio Capital Partners LLC acquired a new stake in Liberty Live Group in the fourth quarter worth approximately $12,285,000. Finally, US Bancorp DE boosted its stake in Liberty Live Group by 24.0% during the 4th quarter. US Bancorp DE now owns 822 shares of the company’s stock valued at $55,000 after purchasing an additional 159 shares in the last quarter. 25.07% of the stock is currently owned by institutional investors and hedge funds.

About Liberty Live Group

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.