Parallax Volatility Advisers L.P. Cuts Stock Position in Liberty Live Group (NASDAQ:LLYVK)

Parallax Volatility Advisers L.P. lessened its stake in shares of Liberty Live Group (NASDAQ:LLYVK) by 33.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 10,038 shares of the company’s stock after selling 5,049 shares during the quarter. Parallax Volatility Advisers L.P.’s holdings in Liberty Live Group were worth $515,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of LLYVK. Price T Rowe Associates Inc. MD raised its stake in shares of Liberty Live Group by 5.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 26,138 shares of the company’s stock worth $1,146,000 after purchasing an additional 1,378 shares during the last quarter. OFI Invest Asset Management purchased a new position in Liberty Live Group in the second quarter worth $210,000. Bank of New York Mellon Corp raised its position in Liberty Live Group by 20.1% in the second quarter. Bank of New York Mellon Corp now owns 224,981 shares of the company’s stock worth $8,610,000 after acquiring an additional 37,703 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in Liberty Live Group by 5.9% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,028,291 shares of the company’s stock worth $39,353,000 after acquiring an additional 57,608 shares in the last quarter. Finally, Whittier Trust Co. raised its position in Liberty Live Group by 1,359.3% in the second quarter. Whittier Trust Co. now owns 861 shares of the company’s stock worth $33,000 after acquiring an additional 802 shares in the last quarter. Hedge funds and other institutional investors own 60.36% of the company’s stock.

Liberty Live Group Price Performance

Liberty Live Group stock opened at $72.91 on Friday. Liberty Live Group has a fifty-two week low of $32.97 and a fifty-two week high of $73.89. The stock’s fifty day moving average is $61.08 and its two-hundred day moving average is $46.62.

Insider Buying and Selling at Liberty Live Group

In other news, Director Andrea L. Wong sold 1,604 shares of the firm’s stock in a transaction dated Wednesday, September 25th. The stock was sold at an average price of $47.41, for a total value of $76,045.64. Following the transaction, the director now directly owns 5,274 shares in the company, valued at $250,040.34. This trade represents a 23.32 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Brian J. Wendling sold 1,094 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $69.57, for a total value of $76,109.58. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 31,911 shares of company stock valued at $2,403,701.

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.