Liberty Live Group (NASDAQ:LLYVA) Reaches New 12-Month High – What’s Next?

Liberty Live Group (NASDAQ:LLYVA)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $71.77 and last traded at $71.68, with a volume of 14045 shares trading hands. The stock had previously closed at $70.95.

Liberty Live Group Trading Up 1.4 %

The company’s fifty day moving average price is $55.63 and its 200 day moving average price is $43.84.

Insider Activity

In other news, Director Andrea L. Wong sold 1,604 shares of the business’s stock in a transaction dated Wednesday, September 25th. The stock was sold at an average price of $47.41, for a total value of $76,045.64. Following the transaction, the director now directly owns 5,274 shares of the company’s stock, valued at $250,040.34. The trade was a 23.32 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Brian J. Wendling sold 1,094 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $69.57, for a total value of $76,109.58. The disclosure for this sale can be found here. Over the last three months, insiders have sold 31,911 shares of company stock valued at $2,403,701.

Hedge Funds Weigh In On Liberty Live Group

A number of large investors have recently modified their holdings of LLYVA. Hsbc Holdings PLC purchased a new position in shares of Liberty Live Group during the second quarter valued at approximately $2,484,000. Vanguard Group Inc. boosted its holdings in Liberty Live Group by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 2,040,447 shares of the company’s stock worth $86,413,000 after acquiring an additional 45,325 shares during the last quarter. Susquehanna International Group LLP grew its stake in shares of Liberty Live Group by 22.2% in the 2nd quarter. Susquehanna International Group LLP now owns 169,186 shares of the company’s stock worth $6,346,000 after acquiring an additional 30,775 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Liberty Live Group in the second quarter valued at about $560,000. Finally, Linonia Partnership LP lifted its position in shares of Liberty Live Group by 91.1% during the second quarter. Linonia Partnership LP now owns 2,278,633 shares of the company’s stock valued at $85,472,000 after purchasing an additional 1,086,337 shares in the last quarter. 25.07% of the stock is currently owned by institutional investors.

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.