Insider Selling: Liberty Live Group (NASDAQ:LLYVK) CEO Sells 35,463 Shares of 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 shares were sold at an average price of $71.53, for a total value of $2,536,668.39. Following the completion of the sale, the chief executive officer now owns 1,240,785 shares of the company’s stock, valued at $88,753,351.05. The trade was a 2.78 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Liberty Live Group Trading Down 5.2 %

NASDAQ:LLYVK traded down $3.72 on Wednesday, hitting $67.63. 291,651 shares of the company’s stock traded hands, compared to its average volume of 332,237. The firm has a 50-day moving average price of $64.26 and a 200-day moving average price of $48.52. Liberty Live Group has a 1 year low of $33.50 and a 1 year high of $73.89.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Quarry LP acquired a new position in Liberty Live Group in the second quarter worth approximately $28,000. Point72 Asia Singapore Pte. Ltd. increased its stake in shares of Liberty Live Group by 1,000.0% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 583 shares of the company’s stock worth $30,000 after purchasing an additional 530 shares during the last quarter. Whittier Trust Co. raised 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 valued at $33,000 after purchasing an additional 802 shares in the last quarter. Daiwa Securities Group Inc. acquired a new stake in shares of Liberty Live Group in the 2nd quarter valued at $39,000. Finally, Franklin Resources Inc. lifted its stake 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 valued at $56,000 after purchasing an additional 918 shares during the last quarter. Institutional investors and hedge funds 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.