Liberty Live Group (NASDAQ:LLYVK) CEO Sells $2,536,668.39 in Stock

Liberty Live Group (NASDAQ:LLYVK) CEO Gregory B. Maffei sold 35,463 shares of the stock in a transaction 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 transaction, the chief executive officer now directly owns 1,240,785 shares in the company, valued at approximately $88,753,351.05. This represents a 2.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Liberty Live Group Price Performance

Shares of LLYVK opened at $67.63 on Thursday. The stock has a 50 day moving average price of $64.56 and a two-hundred day moving average price of $48.66. Liberty Live Group has a 52 week low of $33.50 and a 52 week high of $73.89.

Institutional Investors Weigh In On Liberty Live Group

Several large investors have recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. boosted its stake in Liberty Live Group by 1,000.0% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 583 shares of the company’s stock valued at $30,000 after buying an additional 530 shares during the period. Quarry LP purchased a new stake in shares of Liberty Live Group in the 2nd quarter worth about $28,000. Whittier Trust Co. grew its holdings in shares of Liberty Live Group by 1,359.3% during the 2nd quarter. Whittier Trust Co. now owns 861 shares of the company’s stock worth $33,000 after acquiring an additional 802 shares during the period. Daiwa Securities Group Inc. purchased a new stake in shares of Liberty Live Group in the 2nd quarter worth about $39,000. Finally, Franklin Resources Inc. boosted its position in shares of Liberty Live Group by 900.0% in the 3rd quarter. Franklin Resources Inc. now owns 1,020 shares of the company’s stock worth $56,000 after purchasing an additional 918 shares in the last quarter. Hedge funds and other 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.