Liberty Live Group (NASDAQ:LLYVK) Sets New 1-Year High – Here’s Why

Liberty Live Group (NASDAQ:LLYVK) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $69.08 and last traded at $68.88, with a volume of 79178 shares traded. The stock had previously closed at $68.05.

Liberty Live Group Trading Up 0.9 %

The company’s 50-day moving average is $54.17 and its 200 day moving average is $43.96.

Insider Buying and Selling

In related news, insider Renee L. Wilm sold 19,202 shares of the stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $78.78, for a total transaction of $1,512,733.56. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Brian J. Wendling sold 10,011 shares of the firm’s stock in a transaction 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. Insiders have sold 30,817 shares of company stock worth $2,327,591 in the last three months.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in LLYVK. Victory Capital Management Inc. lifted its stake in Liberty Live Group by 1.7% during the third quarter. Victory Capital Management Inc. now owns 12,257 shares of the company’s stock worth $629,000 after purchasing an additional 199 shares in the last quarter. Pinnacle Associates Ltd. increased its stake in Liberty Live Group by 2.4% during the 3rd quarter. Pinnacle Associates Ltd. now owns 11,438 shares of the company’s stock valued at $587,000 after buying an additional 272 shares during the period. KBC Group NV boosted its holdings in shares of Liberty Live Group by 26.8% during the third quarter. KBC Group NV now owns 2,170 shares of the company’s stock worth $111,000 after purchasing an additional 458 shares during the period. Point72 Asia Singapore Pte. Ltd. boosted its holdings in Liberty Live Group by 1,000.0% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 583 shares of the company’s stock valued at $30,000 after purchasing an additional 530 shares during the period. Finally, Quarry LP acquired a new stake in Liberty Live Group in the 2nd quarter valued at about $28,000. Institutional investors own 60.36% of the company’s stock.

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.