Liberty Live Group (NASDAQ:LLYVK) Sets New 52-Week High – What’s Next?

Liberty Live Group (NASDAQ:LLYVK) reached a new 52-week high during trading on Wednesday . The company traded as high as $62.31 and last traded at $61.89, with a volume of 46322 shares traded. The stock had previously closed at $58.24.

Liberty Live Group Trading Up 8.3 %

The firm’s 50-day moving average price is $49.15 and its 200 day moving average price is $42.05.

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

Insider Buying and Selling at Liberty Live Group

In other news, CAO Brian J. Wendling sold 10,011 shares of the company’s stock in a transaction dated Friday, September 20th. The stock was 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 can be accessed through the SEC website. In other Liberty Live Group news, CAO Brian J. Wendling sold 10,011 shares of the company’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $73.80, for a total transaction of $738,811.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Renee L. Wilm sold 19,202 shares of the stock in a transaction that occurred on Friday, September 20th. The shares were 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. Over the last three months, insiders sold 30,817 shares of company stock valued at $2,327,591.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. KBC Group NV boosted its stake 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 valued at $111,000 after purchasing an additional 458 shares in the last quarter. Victory Capital Management Inc. boosted its position in Liberty Live Group by 1.7% in 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 during the last quarter. Pinnacle Associates Ltd. lifted its position in shares of 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 last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of Liberty Live Group by 5.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,082,764 shares of the company’s stock valued at $55,578,000 after purchasing an additional 54,473 shares during the period. Finally, Point72 DIFC Ltd bought a new position in Liberty Live Group in the 2nd quarter worth about $157,000. Institutional investors own 60.36% of the company’s stock.

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.