Liberty Live Group (NASDAQ:LLYVA) Sets New 52-Week High – Here’s Why

Liberty Live Group (NASDAQ:LLYVA) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $72.88 and last traded at $72.16, with a volume of 5695 shares traded. The stock had previously closed at $71.84.

Liberty Live Group Trading Down 1.3 %

The business’s 50-day moving average price is $59.94 and its two-hundred day moving average price is $45.70.

Insider Activity

In other news, Director Andrea L. Wong sold 1,604 shares of the business’s stock in a transaction on Wednesday, September 25th. The shares were sold at an average price of $47.41, for a total value of $76,045.64. Following the sale, the director now owns 5,274 shares of the company’s stock, valued at $250,040.34. The trade was a 23.32 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Brian J. Wendling sold 1,094 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $69.57, for a total transaction of $76,109.58. The disclosure for this sale can be found here. Insiders sold 31,911 shares of company stock worth $2,403,701 over the last quarter.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Hsbc Holdings PLC acquired a new position in shares of Liberty Live Group during the 2nd quarter worth about $2,484,000. Susquehanna International Group LLP increased its position in Liberty Live Group by 22.2% during the second quarter. Susquehanna International Group LLP now owns 169,186 shares of the company’s stock worth $6,346,000 after buying an additional 30,775 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new position in Liberty Live Group during the second quarter worth approximately $560,000. Linonia Partnership LP increased its position 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 worth $85,472,000 after buying an additional 1,086,337 shares during the last quarter. Finally, HBK Investments L P acquired a new stake in shares of Liberty Live Group in the third quarter valued at approximately $8,979,000. 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.