Liberty Live Group (NASDAQ:LLYVA) Stock Price Up 4.2% – Here’s What Happened

Liberty Live Group (NASDAQ:LLYVA) traded up 4.2% on Monday . The stock traded as high as $78.77 and last traded at $79.01. 30,562 shares changed hands during trading, a decline of 68% from the average session volume of 94,229 shares. The stock had previously closed at $75.85.

Liberty Live Group Price Performance

The business’s 50-day moving average is $70.34 and its two-hundred day moving average is $58.80.

Insider Activity

In other Liberty Live Group news, CEO Gregory B. Maffei sold 35,463 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $71.53, for a total transaction of $2,536,668.39. Following the sale, the chief executive officer now directly owns 1,240,785 shares in the company, valued at approximately $88,753,351.05. The trade was a 2.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Institutional Trading of Liberty Live Group

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Daiwa Securities Group Inc. purchased a new stake in Liberty Live Group during the fourth quarter worth $27,000. US Bancorp DE boosted its position in shares of Liberty Live Group by 24.0% in the 4th quarter. US Bancorp DE now owns 822 shares of the company’s stock worth $55,000 after buying an additional 159 shares in the last quarter. Sterling Capital Management LLC grew its stake in Liberty Live Group by 65.2% in the 4th quarter. Sterling Capital Management LLC now owns 1,178 shares of the company’s stock valued at $78,000 after acquiring an additional 465 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in Liberty Live Group by 215.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,361 shares of the company’s stock valued at $91,000 after acquiring an additional 929 shares in the last quarter. Finally, Point72 DIFC Ltd purchased a new position in Liberty Live Group during the 3rd quarter valued at about $77,000. Institutional investors and hedge funds own 25.07% of the company’s stock.

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.