Highbridge Capital Management LLC Sells 493,625 Shares of Liberty Live Group (NASDAQ:LLYVK)

Highbridge Capital Management LLC lowered its position in Liberty Live Group (NASDAQ:LLYVK) by 62.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 296,965 shares of the company’s stock after selling 493,625 shares during the period. Highbridge Capital Management LLC owned 0.32% of Liberty Live Group worth $20,211,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. ValueAct Holdings L.P. bought a new position in Liberty Live Group in the 3rd quarter valued at about $68,654,000. Norges Bank purchased a new stake in shares of Liberty Live Group in the fourth quarter worth approximately $49,458,000. Bamco Inc. NY lifted its holdings in shares of Liberty Live Group by 23.4% in the third quarter. Bamco Inc. NY now owns 1,167,019 shares of the company’s stock valued at $59,903,000 after purchasing an additional 221,666 shares in the last quarter. Great Lakes Advisors LLC purchased a new position in shares of Liberty Live Group during the fourth quarter valued at approximately $6,773,000. Finally, Bank of New York Mellon Corp boosted its position in shares of Liberty Live Group by 61.8% during the fourth quarter. Bank of New York Mellon Corp now owns 224,606 shares of the company’s stock valued at $15,287,000 after buying an additional 85,763 shares during the last quarter. Institutional investors and hedge funds own 60.36% of the company’s stock.

Liberty Live Group Trading Down 0.1 %

NASDAQ LLYVK opened at $69.06 on Friday. The business has a fifty day simple moving average of $72.33 and a 200 day simple moving average of $64.90. Liberty Live Group has a 12 month low of $33.50 and a 12 month high of $81.66. The firm has a market capitalization of $6.34 billion, a P/E ratio of -203.12 and a beta of 1.55.

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.