LiveWire Group, Inc. (NYSE:LVWR) CEO Karim Donnez Sells 9,202 Shares

Posted by James Conley on Dec 3rd, 2024

LiveWire Group, Inc. (NYSE:LVWR – Get Free Report) CEO Karim Donnez sold 9,202 shares of the business’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $6.05, for a total transaction of $55,672.10. Following the transaction, the chief executive officer now directly owns 456,772 shares in the company, valued at approximately $2,763,470.60. The trade was a 1.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

On Friday, November 29th, Karim Donnez sold 2,795 shares of LiveWire Group stock. The stock was sold at an average price of $6.00, for a total transaction of $16,770.00.

LiveWire Group Price Performance

NYSE:LVWR opened at $5.85 on Tuesday. The firm has a 50-day moving average of $6.16 and a two-hundred day moving average of $6.65. The stock has a market cap of $1.19 billion, a P/E ratio of -11.47 and a beta of 0.95. LiveWire Group, Inc. has a 1-year low of $5.20 and a 1-year high of $12.04.

LiveWire Group (NYSE:LVWR – Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The company reported ($0.11) earnings per share for the quarter. LiveWire Group had a negative net margin of 336.65% and a negative return on equity of 60.75%. The business had revenue of $4.45 million for the quarter.

Institutional Trading of LiveWire Group

A hedge fund recently raised its stake in LiveWire Group stock. Barclays PLC lifted its stake in shares of LiveWire Group, Inc. (NYSE:LVWR – Free Report) by 289.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,210 shares of the company’s stock after purchasing an additional 19,474 shares during the period. Barclays PLC’s holdings in LiveWire Group were worth $159,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 0.88% of the company’s stock.

LiveWire Group Company Profile

(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.