Liberty 77 Capital L.P. Buys 289,488 Shares of Lions Gate Entertainment Corp. (NYSE:LGF-B) Stock

Lions Gate Entertainment Corp. (NYSE:LGF-B) major shareholder Liberty 77 Capital L.P. acquired 289,488 shares of Lions Gate Entertainment stock in a transaction dated Tuesday, July 9th. The stock was purchased at an average cost of $8.73 per share, for a total transaction of $2,527,230.24. Following the completion of the purchase, the insider now directly owns 9,680,346 shares in the company, valued at $84,509,420.58. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Liberty 77 Capital L.P. also recently made the following trade(s):

• On Monday, June 24th, Liberty 77 Capital L.P. purchased 42,922 shares of Lions Gate Entertainment stock. The shares were acquired at an average cost of $8.64 per share, for a total transaction of $370,846.08.
• On Friday, June 21st, Liberty 77 Capital L.P. acquired 6,047 shares of Lions Gate Entertainment stock. The stock was acquired at an average cost of $8.51 per share, with a total value of $51,459.97.
• On Friday, June 14th, Liberty 77 Capital L.P. bought 98,858 shares of Lions Gate Entertainment stock. The shares were acquired at an average price of $8.19 per share, for a total transaction of $809,647.02.
• On Wednesday, June 12th, Liberty 77 Capital L.P. purchased 275,245 shares of Lions Gate Entertainment stock. The stock was bought at an average price of $8.01 per share, with a total value of $2,204,712.45.

Lions Gate Entertainment Price Performance

Shares of LGF-B traded up $0.15 during midday trading on Thursday, reaching $8.38. 800,749 shares of the company were exchanged. The company’s fifty day moving average is $8.49 and its 200-day moving average is $9.09.

Lions Gate Entertainment Company Profile

Lions Gate Entertainment Corp. engages in the film, television, subscription, and location-based entertainment businesses in the United States, Canada, and internationally. The company operates through three segments: Motion Picture, Television Production, and Media Networks. The Motion Picture segment engages in the development and production of feature films; acquisition of North American and worldwide distribution rights; North American theatrical, home entertainment, and television distribution of feature films produced and acquired; and worldwide licensing of distribution rights to feature films produced and acquired.