Tralisa Maraj Sells 25,000 Shares of LiveWire Group, Inc. (NYSE:LVWR) Stock

LiveWire Group, Inc. (NYSE:LVWR) CFO Tralisa Maraj sold 25,000 shares of the stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $8.60, for a total transaction of $215,000.00. Following the completion of the transaction, the chief financial officer now directly owns 324,771 shares of the company’s stock, valued at approximately $2,793,030.60. The trade was a 7.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

LiveWire Group Stock Performance

LVWR stock opened at $5.62 on Friday. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of -12.22 and a beta of 1.73. The firm has a 50 day moving average price of $2.60 and a 200-day moving average price of $3.23. LiveWire Group, Inc. has a 52-week low of $0.93 and a 52-week high of $9.04.

LiveWire Group (NYSE:LVWR) last released its earnings results on Thursday, May 1st. The company reported ($0.09) EPS for the quarter. LiveWire Group had a negative return on equity of 58.65% and a negative net margin of 352.66%. The company had revenue of $2.74 million during the quarter.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of LiveWire Group to a “sell” rating in a research note on Saturday.

Hedge Funds Weigh In On LiveWire Group

Institutional investors and hedge funds have recently modified their holdings of the stock. Rhumbline Advisers increased its holdings in shares of LiveWire Group by 21.9% during the first quarter. Rhumbline Advisers now owns 17,655 shares of the company’s stock valued at $35,000 after acquiring an additional 3,167 shares in the last quarter. Nuveen LLC bought a new stake in shares of LiveWire Group during the first quarter valued at approximately $43,000. Wexford Capital LP bought a new stake in shares of LiveWire Group during the fourth quarter valued at approximately $87,000. Charles Schwab Investment Management Inc. increased its position in shares of LiveWire Group by 14.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 46,511 shares of the company’s stock valued at $224,000 after acquiring an additional 5,968 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of LiveWire Group by 120.5% during the fourth quarter. JPMorgan Chase & Co. now owns 66,523 shares of the company’s stock valued at $320,000 after acquiring an additional 36,357 shares in the last quarter. 0.88% of the stock is currently owned by institutional investors.

About LiveWire Group

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.