Insider Selling: LiveWire Group, Inc. (NYSE:LVWR) CEO Sells 2,795 Shares of Stock

LiveWire Group, Inc. (NYSE:LVWR) CEO Karim Donnez sold 2,795 shares of the company’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $6.00, for a total transaction of $16,770.00. Following the transaction, the chief executive officer now owns 453,977 shares of the company’s stock, valued at $2,723,862. This represents a 0.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Karim Donnez also recently made the following trade(s):

• On Wednesday, November 27th, Karim Donnez sold 9,202 shares of LiveWire Group stock. The stock was sold at an average price of $6.05, for a total transaction of $55,672.10.

LiveWire Group Trading Down 2.5 %

Shares of LiveWire Group stock opened at $5.85 on Tuesday. LiveWire Group, Inc. has a twelve month low of $5.20 and a twelve month high of $12.04. The firm has a market capitalization of $1.19 billion, a PE ratio of -11.47 and a beta of 0.95. The firm’s 50-day moving average price is $6.16 and its 200 day moving average price is $6.65.

LiveWire Group (NYSE:LVWR) last announced its earnings results on Thursday, October 24th. The company reported ($0.11) EPS for the quarter. The firm had revenue of $4.45 million for the quarter. LiveWire Group had a negative net margin of 336.65% and a negative return on equity of 60.75%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in LiveWire Group stock. Barclays PLC raised its holdings in shares of LiveWire Group, Inc. (NYSE:LVWR) by 289.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,210 shares of the company’s stock after buying an additional 19,474 shares during the quarter. Barclays PLC’s holdings in LiveWire Group were worth $159,000 as of its most recent SEC filing. 0.88% of the stock is owned by institutional investors and hedge funds.

About LiveWire Group

LiveWire Group, Inc manufactures electric motorcycles in the United States and internationally. It operates in two segments Electric Motorcycles and STACYC. The company designs and sells electric motorcycles and parts, accessories, and apparel; and electric balance bikes for kids. It serves wholesalers, independent dealers, retailers, and through online.