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 during mid-day trading on Tuesday . The stock traded as high as $79.38 and last traded at $79.12, with a volume of 21382 shares trading hands. The stock had previously closed at $79.08.

Liberty Live Group Stock Performance

The stock has a 50 day moving average price of $70.06 and a 200 day moving average price of $58.08.

Insider Buying and Selling at Liberty Live Group

In other Liberty Live Group news, CEO Gregory B. Maffei sold 35,463 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer now owns 1,240,785 shares in the company, valued at $88,753,351.05. This trade represents a 2.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Institutional Trading of Liberty Live Group

Institutional investors have recently modified their holdings of the business. Daiwa Securities Group Inc. bought a new position in Liberty Live Group in the 4th quarter worth about $27,000. US Bancorp DE boosted its position in shares of Liberty Live Group by 24.0% in the fourth quarter. US Bancorp DE now owns 822 shares of the company’s stock valued at $55,000 after acquiring an additional 159 shares during the period. Point72 DIFC Ltd purchased a new position in Liberty Live Group during the third quarter valued at approximately $77,000. Sterling Capital Management LLC increased its holdings in Liberty Live Group by 65.2% during the 4th quarter. Sterling Capital Management LLC now owns 1,178 shares of the company’s stock worth $78,000 after acquiring an additional 465 shares during the period. Finally, Tower Research Capital LLC TRC lifted its stake in Liberty Live Group by 215.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,361 shares of the company’s stock worth $91,000 after purchasing an additional 929 shares in the last quarter. 25.07% of the stock is currently 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.