Liberty Live Group (NASDAQ:LLYVK) Reaches New 1-Year High – Should You Buy?

Liberty Live Group (NASDAQ:LLYVK)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $74.08 and last traded at $73.66, with a volume of 11170 shares. The stock had previously closed at $73.04.

Liberty Live Group Trading Up 0.9 %

The company has a fifty day simple moving average of $70.34 and a 200-day simple moving average of $55.42.

Liberty Live Group (NASDAQ:LLYVK) last announced its quarterly earnings results on Tuesday, November 12th. The company reported $0.16 earnings per share (EPS) for the quarter.

Insiders Place Their Bets

In related news, CAO Brian J. Wendling sold 1,094 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $69.57, for a total transaction of $76,109.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gregory B. Maffei sold 35,463 shares of the business’s 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 completion of the transaction, the chief executive officer now owns 1,240,785 shares in the company, valued at $88,753,351.05. This represents a 2.78 % decrease in their position. The disclosure for this sale can be found here.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Victory Capital Management Inc. lifted its holdings in Liberty Live Group by 1.7% during the 3rd quarter. Victory Capital Management Inc. now owns 12,257 shares of the company’s stock valued at $629,000 after purchasing an additional 199 shares during the last quarter. Pinnacle Associates Ltd. increased its position in shares of Liberty Live Group by 2.4% during the third quarter. Pinnacle Associates Ltd. now owns 11,438 shares of the company’s stock worth $587,000 after acquiring an additional 272 shares in the last quarter. Kirr Marbach & Co. LLC IN boosted its holdings in Liberty Live Group by 0.8% during the fourth quarter. Kirr Marbach & Co. LLC IN now owns 33,856 shares of the company’s stock worth $2,304,000 after purchasing an additional 281 shares during the last quarter. KBC Group NV lifted its stake in Liberty Live Group by 26.8% in the third quarter. KBC Group NV now owns 2,170 shares of the company’s stock valued at $111,000 after acquiring an additional 458 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. lifted 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 buying an additional 530 shares during the last quarter. 60.36% of the stock is currently owned by institutional investors.

Liberty Live Group Company Profile

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.