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

Liberty Live Group (NASDAQ:LLYVA)’s share price hit 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 1.7 %

The stock has a fifty day moving average of $70.06 and a two-hundred day moving average of $58.08.

Insider Activity at Liberty Live Group

In related 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 transaction, the chief executive officer now owns 1,240,785 shares in the company, valued at $88,753,351.05. The trade was a 2.78 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Institutional Trading of Liberty Live Group

Large investors have recently made changes to their positions in the company. ValueAct Holdings L.P. acquired a new position in Liberty Live Group during the third quarter worth $33,261,000. Pentwater Capital Management LP lifted its position in Liberty Live Group by 2,346.0% in the 4th quarter. Pentwater Capital Management LP now owns 611,500 shares of the company’s stock valued at $40,701,000 after acquiring an additional 586,500 shares in the last quarter. Bank of America Corp DE boosted its stake in Liberty Live Group by 1,446.7% during the 4th quarter. Bank of America Corp DE now owns 252,823 shares of the company’s stock valued at $16,828,000 after purchasing an additional 236,477 shares during the last quarter. Linonia Partnership LP increased its holdings in Liberty Live Group by 9.7% during the 3rd quarter. Linonia Partnership LP now owns 2,498,950 shares of the company’s stock worth $123,723,000 after purchasing an additional 220,317 shares in the last quarter. Finally, Susquehanna International Group LLP raised its stake in shares of Liberty Live Group by 352.1% in the fourth quarter. Susquehanna International Group LLP now owns 279,938 shares of the company’s stock worth $18,633,000 after purchasing an additional 218,014 shares during the last quarter. 25.07% of the stock is currently owned by institutional investors and hedge funds.

Liberty Live Group Company Profile

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.