Liberty Live Group (NASDAQ:LLYVA) Sets New 1-Year High – Should You Buy?

Liberty Live Group (NASDAQ:LLYVA)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $72.59 and last traded at $71.79, with a volume of 3757 shares changing hands. The stock had previously closed at $71.96.

Liberty Live Group Trading Up 0.0 %

The business has a fifty day simple moving average of $59.02 and a two-hundred day simple moving average of $45.22.

Insiders Place Their Bets

In other news, Director Andrea L. Wong sold 1,604 shares of the firm’s stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of $47.41, for a total transaction of $76,045.64. Following the sale, the director now owns 5,274 shares of the company’s stock, valued at $250,040.34. This trade represents a 23.32 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Brian J. Wendling sold 10,011 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $73.80, for a total transaction of $738,811.80. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 31,911 shares of company stock valued at $2,403,701.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Linonia Partnership LP raised its holdings in Liberty Live Group by 91.1% during the second quarter. Linonia Partnership LP now owns 2,278,633 shares of the company’s stock valued at $85,472,000 after acquiring an additional 1,086,337 shares during the period. ValueAct Holdings L.P. purchased a new position in Liberty Live Group in the 3rd quarter worth approximately $33,261,000. HBK Investments L P bought a new position in Liberty Live Group in the 3rd quarter worth approximately $8,979,000. Point72 Asset Management L.P. raised its position in shares of Liberty Live Group by 13.4% during the second quarter. Point72 Asset Management L.P. now owns 1,524,516 shares of the company’s stock valued at $57,185,000 after buying an additional 180,017 shares during the last quarter. Finally, Bank of Montreal Can lifted its holdings in shares of Liberty Live Group by 1,481.7% in the second quarter. Bank of Montreal Can now owns 136,062 shares of the company’s stock worth $5,108,000 after buying an additional 127,460 shares in the last quarter. 25.07% of the stock is currently owned by institutional investors.

Liberty Live Group Company 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.