Liberty Live Group (NASDAQ:LLYVA) Reaches New 1-Year High – Here’s What Happened

Shares of Liberty Live Group (NASDAQ:LLYVA) reached a new 52-week high on Tuesday . The stock traded as high as $79.38 and last traded at $79.12, with a volume of 21382 shares. The stock had previously closed at $79.08.

Liberty Live Group Stock Down 0.2 %

The business has a 50 day simple moving average of $69.70 and a 200-day simple moving average of $57.63.

Insider Activity at Liberty Live Group

In related news, CEO Gregory B. Maffei sold 35,463 shares of the stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $71.53, for a total transaction of $2,536,668.39. Following the completion of the transaction, the chief executive officer now directly owns 1,240,785 shares in the company, valued at approximately $88,753,351.05. This trade represents a 2.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Brian J. Wendling sold 1,094 shares of Liberty Live Group stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $69.57, for a total value of $76,109.58. The disclosure for this sale can be found here.

Hedge Funds Weigh In On Liberty Live Group

Hedge funds have recently made changes to their positions in the business. Linonia Partnership LP grew its holdings in shares of Liberty Live Group by 9.7% in the 3rd quarter. Linonia Partnership LP now owns 2,498,950 shares of the company’s stock valued at $123,723,000 after acquiring an additional 220,317 shares in the last quarter. Vanguard Group Inc. boosted its position in Liberty Live Group by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 2,002,784 shares of the company’s stock valued at $133,305,000 after purchasing an additional 8,769 shares during the last quarter. Point72 Asset Management L.P. grew its stake in Liberty Live Group by 3.3% in the third quarter. Point72 Asset Management L.P. now owns 1,574,300 shares of the company’s stock valued at $77,944,000 after purchasing an additional 49,784 shares in the last quarter. ValueAct Holdings L.P. increased its position in shares of Liberty Live Group by 88.8% during the 4th quarter. ValueAct Holdings L.P. now owns 1,268,448 shares of the company’s stock worth $84,428,000 after purchasing an additional 596,648 shares during the last quarter. Finally, Sculptor Capital LP raised its stake in shares of Liberty Live Group by 8.4% during the 4th quarter. Sculptor Capital LP now owns 1,100,000 shares of the company’s stock worth $73,216,000 after purchasing an additional 84,875 shares in the last quarter. 25.07% of the stock is owned by institutional investors.

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.