LiveWire Group, Inc. (NYSE:LVWR) Director Sells $32,650.00 in Stock

LiveWire Group, Inc. (NYSE:LVWR) Director Kjell Gruner sold 5,000 shares of the business’s stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $6.53, for a total value of $32,650.00. Following the completion of the transaction, the director now directly owns 51,777 shares of the company’s stock, valued at approximately $338,103.81. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Kjell Gruner also recently made the following trade(s):

• On Wednesday, May 22nd, Kjell Gruner sold 6,000 shares of LiveWire Group stock. The shares were sold at an average price of $6.48, for a total transaction of $38,880.00.
• On Friday, May 17th, Kjell Gruner sold 5,000 shares of LiveWire Group stock. The stock was sold at an average price of $6.59, for a total value of $32,950.00.
• On Wednesday, May 15th, Kjell Gruner sold 5,000 shares of LiveWire Group stock. The stock was sold at an average price of $6.63, for a total value of $33,150.00.
• On Monday, May 13th, Kjell Gruner sold 5,000 shares of LiveWire Group stock. The shares were sold at an average price of $6.67, for a total value of $33,350.00.
• On Thursday, May 9th, Kjell Gruner sold 5,000 shares of LiveWire Group stock. The stock was sold at an average price of $6.67, for a total value of $33,350.00.

LiveWire Group Trading Down 0.5 %

Shares of LVWR opened at $6.57 on Friday. LiveWire Group, Inc. has a 52 week low of $5.71 and a 52 week high of $12.50. The stock has a fifty day moving average of $6.88 and a 200-day moving average of $9.17.

LiveWire Group (NYSE:LVWR) last posted its earnings results on Thursday, April 25th. The company reported ($0.12) EPS for the quarter. The firm had revenue of $4.98 million during the quarter. LiveWire Group had a negative net margin of 317.96% and a negative return on equity of 49.54%.

Analyst Ratings Changes

Separately, Citigroup decreased their price target on shares of LiveWire Group from $7.75 to $7.25 and set a “neutral” rating on the stock in a report on Thursday, May 9th.

About LiveWire Group

LiveWire Group, Inc manufactures electric motorcycles in the United States and internationally. It operates in two segments Electric Motorcycles and STACYC. The company designs and sells electric motorcycles and parts, accessories, and apparel; and electric balance bikes for kids. It serves wholesalers, independent dealers, retailers, and through online.