Liberty Live Group (NASDAQ:LLYVK) Sets New 12-Month High – Here’s What Happened

Liberty Live Group (NASDAQ:LLYVK) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $69.08 and last traded at $68.88, with a volume of 79178 shares. The stock had previously closed at $68.05.

Liberty Live Group Stock Performance

The stock’s fifty day simple moving average is $55.37 and its 200-day simple moving average is $44.32.

Insiders Place Their Bets

In related news, CAO Brian J. Wendling sold 1,094 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $69.57, for a total value of $76,109.58. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Renee L. Wilm sold 19,202 shares of the company’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $78.78, for a total transaction of $1,512,733.56. The disclosure for this sale can be found here. Insiders have sold 31,911 shares of company stock valued at $2,403,701 in the last three months.

Institutional Investors Weigh In On Liberty Live Group

Several institutional investors have recently added to or reduced their stakes in the business. Bamco Inc. NY increased its position in shares of Liberty Live Group by 5.6% during the first quarter. Bamco Inc. NY now owns 943,458 shares of the company’s stock valued at $41,342,000 after buying an additional 50,000 shares during the period. D. E. Shaw & Co. Inc. increased its position in shares of Liberty Live Group by 7.9% during the second quarter. D. E. Shaw & Co. Inc. now owns 1,404,019 shares of the company’s stock valued at $53,732,000 after buying an additional 102,967 shares during the period. Lighthouse Investment Partners LLC increased its position in shares of Liberty Live Group by 33.3% during the second quarter. Lighthouse Investment Partners LLC now owns 170,032 shares of the company’s stock valued at $6,507,000 after buying an additional 42,457 shares during the period. Troluce Capital Advisors LLC increased its position in shares of Liberty Live Group by 39.3% during the second quarter. Troluce Capital Advisors LLC now owns 1,305,000 shares of the company’s stock valued at $49,942,000 after buying an additional 367,900 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its position in shares of Liberty Live Group by 5.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,082,764 shares of the company’s stock valued at $55,578,000 after buying an additional 54,473 shares during the period. 60.36% of the stock is owned by hedge funds and other 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.