Insider Selling: Liberty Live Group (NASDAQ:LLYVA) CEO Sells 35,463 Shares of Stock

Liberty Live Group (NASDAQ:LLYVA) CEO Gregory B. Maffei sold 35,463 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $71.53, for a total transaction of $2,536,668.39. Following the completion of the transaction, the chief executive officer now directly owns 1,240,785 shares of the company’s stock, valued at approximately $88,753,351.05. This represents a 2.78 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Liberty Live Group Stock Performance

Shares of Liberty Live Group stock traded down $3.43 on Wednesday, hitting $66.67. 190,548 shares of the company traded hands, compared to its average volume of 152,491. Liberty Live Group has a 12-month low of $32.54 and a 12-month high of $72.88. The firm’s 50-day simple moving average is $62.71 and its 200 day simple moving average is $47.32.

Institutional Investors Weigh In On Liberty Live Group

A number of large investors have recently added to or reduced their stakes in the company. Linonia Partnership LP increased its position in shares of Liberty Live Group by 9.7% during the 3rd quarter. Linonia Partnership LP now owns 2,498,950 shares of the company’s stock valued at $123,723,000 after purchasing an additional 220,317 shares during the last quarter. Point72 Asset Management L.P. grew its position in Liberty Live Group by 3.3% during the third quarter. Point72 Asset Management L.P. now owns 1,574,300 shares of the company’s stock valued at $77,944,000 after acquiring an additional 49,784 shares during the last quarter. ValueAct Holdings L.P. bought a new position in Liberty Live Group during the third quarter valued at approximately $33,261,000. Virtu Financial LLC raised its stake in shares of Liberty Live Group by 141.2% during the third quarter. Virtu Financial LLC now owns 182,372 shares of the company’s stock worth $9,029,000 after acquiring an additional 106,752 shares in the last quarter. Finally, HBK Investments L P bought a new stake in shares of Liberty Live Group in the 3rd quarter worth approximately $8,979,000. Hedge funds and other institutional investors own 25.07% 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.