Insider Selling: Liberty Live Group (NASDAQ:LLYVK) CEO Sells 35,463 Shares of Stock

Liberty Live Group (NASDAQ:LLYVK) CEO Gregory B. Maffei sold 35,463 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $71.53, for a total value of $2,536,668.39. Following the transaction, the chief executive officer now directly 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 SEC, which is available at this link.

Liberty Live Group Trading Down 5.2 %

Shares of Liberty Live Group stock traded down $3.72 on Wednesday, hitting $67.63. The company had a trading volume of 291,651 shares, compared to its average volume of 332,237. Liberty Live Group has a 52 week low of $33.50 and a 52 week high of $73.89. The business has a 50-day simple moving average of $64.26 and a 200-day simple moving average of $48.52.

Institutional Trading of Liberty Live Group

Several institutional investors have recently modified their holdings of the company. Walleye Capital LLC bought a new stake in Liberty Live Group in the third quarter worth about $976,000. D. E. Shaw & Co. Inc. raised its holdings in shares of Liberty Live Group by 7.9% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,404,019 shares of the company’s stock worth $53,732,000 after purchasing an additional 102,967 shares in the last quarter. Lighthouse Investment Partners LLC lifted its stake in 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 purchasing an additional 42,457 shares during the last quarter. XTX Topco Ltd bought a new stake in Liberty Live Group during the third quarter worth approximately $408,000. Finally, Troluce Capital Advisors LLC grew its position in Liberty Live Group by 39.3% in the second quarter. Troluce Capital Advisors LLC now owns 1,305,000 shares of the company’s stock worth $49,942,000 after buying an additional 367,900 shares during the last quarter. Institutional investors and hedge funds own 60.36% of the company’s stock.

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.