Liberty Live Group (NASDAQ:LLYVK) Hits New 1-Year High – Time to Buy?

Shares of Liberty Live Group (NASDAQ:LLYVK) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $55.62 and last traded at $55.62, with a volume of 111 shares changing hands. The stock had previously closed at $54.64.

Liberty Live Group Price Performance

The firm has a fifty day moving average of $44.05 and a 200 day moving average of $40.47.

Liberty Live Group (NASDAQ:LLYVK) last announced its quarterly earnings data on Thursday, August 8th. The company reported $1.46 earnings per share (EPS) for the quarter.

Insider Activity

In other Liberty Live Group news, insider Renee L. Wilm sold 19,202 shares of the stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $78.78, for a total transaction of $1,512,733.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Liberty Live Group news, CAO Brian J. Wendling sold 10,011 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $73.80, for a total value of $738,811.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Renee L. Wilm sold 19,202 shares of the firm’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $78.78, for a total value of $1,512,733.56. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 30,817 shares of company stock valued at $2,327,591.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Quarry LP acquired a new position in shares of Liberty Live Group during the second quarter worth about $28,000. Beach Investment Counsel Inc. PA acquired a new stake in shares of Liberty Live Group during the 2nd quarter valued at approximately $30,000. Whittier Trust Co. increased its stake in Liberty Live Group by 1,359.3% in the 2nd quarter. Whittier Trust Co. now owns 861 shares of the company’s stock valued at $33,000 after purchasing an additional 802 shares in the last quarter. Daiwa Securities Group Inc. purchased a new stake in shares of Liberty Live Group in the 2nd quarter worth about $39,000. Finally, Hahn Capital Management LLC grew its stake in Liberty Live Group by 33.6% in the 2nd quarter. Hahn Capital Management LLC now owns 2,908 shares of the company’s stock valued at $111,000 after acquiring an additional 732 shares during the last quarter. 60.36% of the stock is currently owned by institutional investors and hedge funds.

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.