Bamco Inc. NY Buys 50,000 Shares of Liberty Live Group (NASDAQ:LLYVK)

Bamco Inc. NY boosted its stake in Liberty Live Group (NASDAQ:LLYVK) by 5.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 943,458 shares of the company’s stock after purchasing an additional 50,000 shares during the quarter. Bamco Inc. NY owned about 1.03% of Liberty Live Group worth $41,342,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of LLYVK. Principal Financial Group Inc. increased its stake in shares of Liberty Live Group by 0.3% in the 1st quarter. Principal Financial Group Inc. now owns 194,542 shares of the company’s stock valued at $8,525,000 after purchasing an additional 537 shares during the last quarter. Arizona State Retirement System grew its position in Liberty Live Group by 4.7% in the fourth quarter. Arizona State Retirement System now owns 14,224 shares of the company’s stock valued at $532,000 after acquiring an additional 643 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in Liberty Live Group by 124.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,617 shares of the company’s stock worth $60,000 after acquiring an additional 897 shares in the last quarter. Quent Capital LLC bought a new position in shares of Liberty Live Group in the fourth quarter worth about $43,000. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of Liberty Live Group by 5.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 26,138 shares of the company’s stock valued at $1,146,000 after purchasing an additional 1,378 shares in the last quarter. Institutional investors own 60.36% of the company’s stock.

Insiders Place Their Bets

In related news, major shareholder Berkshire Hathaway Inc acquired 311,637 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The shares were bought at an average cost of $25.47 per share, with a total value of $7,937,394.39. Following the completion of the purchase, the insider now directly owns 70,002,897 shares in the company, valued at $1,782,973,786.59. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Liberty Live Group news, major shareholder Berkshire Hathaway Inc purchased 311,637 shares of the business’s stock in a transaction on Monday, April 29th. The shares were purchased at an average cost of $25.47 per share, for a total transaction of $7,937,394.39. Following the acquisition, the insider now owns 70,002,897 shares of the company’s stock, valued at $1,782,973,786.59. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman John C. Malone sold 139,065 shares of the firm’s stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $68.98, for a total value of $9,592,703.70. Following the completion of the sale, the chairman now owns 2,401,365 shares of the company’s stock, valued at $165,646,157.70. The disclosure for this sale can be found here. In the last three months, insiders have sold 282,072 shares of company stock valued at $17,749,275.

Liberty Live Group Stock Up 2.7 %

Shares of NASDAQ:LLYVK traded up $1.01 during trading on Friday, hitting $38.09. 179,583 shares of the company were exchanged, compared to its average volume of 207,654. Liberty Live Group has a 1-year low of $29.63 and a 1-year high of $44.16. The business’s 50 day moving average is $37.80 and its 200-day moving average is $38.63.

Liberty Live Group (NASDAQ:LLYVK) last released its quarterly earnings data on Wednesday, May 8th. The company reported ($0.79) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.78).

About Liberty Live Group

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.