Wittenberg Investment Management Inc. Lowers Stock Position in Liberty Live Group (NASDAQ:LLYVK)

Wittenberg Investment Management Inc. trimmed its position in Liberty Live Group (NASDAQ:LLYVK) by 3.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 24,886 shares of the company’s stock after selling 817 shares during the quarter. Wittenberg Investment Management Inc.’s holdings in Liberty Live Group were worth $1,277,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LLYVK. Algert Global LLC purchased a new stake in Liberty Live Group in the 3rd quarter worth $1,343,000. Charles Schwab Investment Management Inc. boosted its stake in Liberty Live Group by 1.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 395,077 shares of the company’s stock worth $20,279,000 after purchasing an additional 5,110 shares during the period. Makena Capital Management LLC purchased a new stake in Liberty Live Group during the 3rd quarter valued at approximately $10,222,000. Commerce Bank raised its position in shares of Liberty Live Group by 79.9% during the third quarter. Commerce Bank now owns 16,684 shares of the company’s stock valued at $856,000 after buying an additional 7,408 shares during the last quarter. Finally, KBC Group NV raised its position in shares of Liberty Live Group by 26.8% during the third quarter. KBC Group NV now owns 2,170 shares of the company’s stock valued at $111,000 after buying an additional 458 shares during the last quarter. Institutional investors own 60.36% of the company’s stock.

Insiders Place Their Bets

In other Liberty Live Group news, CAO Brian J. Wendling sold 1,094 shares of Liberty Live Group stock in a transaction on 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andrea L. Wong sold 1,604 shares of the business’s stock in a transaction dated Wednesday, September 25th. The stock was sold at an average price of $47.41, for a total transaction of $76,045.64. Following the completion of the sale, the director now owns 5,274 shares in the company, valued at approximately $250,040.34. This trade represents a 23.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 31,911 shares of company stock worth $2,403,701 in the last 90 days.

Liberty Live Group Stock Performance

Shares of NASDAQ:LLYVK opened at $71.91 on Monday. The firm has a fifty day moving average price of $55.99 and a 200 day moving average price of $44.62. Liberty Live Group has a fifty-two week low of $32.49 and a fifty-two week high of $72.01.

Liberty Live Group 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.