GAMMA Investing LLC Boosts Stock Position in Liberty Live Group (NASDAQ:LLYVK)

GAMMA Investing LLC boosted its position in shares of Liberty Live Group (NASDAQ:LLYVK - Free Report) by 6,372.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,468 shares of the company's stock after buying an additional 15,229 shares during the quarter. GAMMA Investing LLC's holdings in Liberty Live Group were worth $1,054,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Versant Capital Management Inc boosted its stake in Liberty Live Group by 410.9% during the first quarter. Versant Capital Management Inc now owns 751 shares of the company's stock worth $51,000 after buying an additional 604 shares during the period. Voloridge Investment Management LLC purchased a new position in Liberty Live Group during the fourth quarter worth $2,657,000. ValueAct Holdings L.P. boosted its stake in Liberty Live Group by 136.9% during the fourth quarter. ValueAct Holdings L.P. now owns 3,168,788 shares of the company's stock worth $215,668,000 after buying an additional 1,831,288 shares during the period. Sculptor Capital LP boosted its stake in Liberty Live Group by 45.0% during the fourth quarter. Sculptor Capital LP now owns 888,500 shares of the company's stock worth $60,471,000 after buying an additional 275,647 shares during the period. Finally, Quantinno Capital Management LP boosted its stake in Liberty Live Group by 16.0% during the fourth quarter. Quantinno Capital Management LP now owns 12,900 shares of the company's stock worth $878,000 after buying an additional 1,778 shares during the period. 60.36% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Chase Carey sold 50,000 shares of the company's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $94.60, for a total value of $4,730,000.00. Following the completion of the sale, the director now directly owns 93,102 shares of the company's stock, valued at $8,807,449.20. This represents a 34.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Liberty Live Group Stock Down 2.4%

NASDAQ LLYVK opened at $73.24 on Monday. The firm has a market capitalization of $6.73 billion, a price-to-earnings ratio of 271.26 and a beta of 1.39. Liberty Live Group has a 52 week low of $34.34 and a 52 week high of $81.66. The company has a fifty day moving average of $73.18 and a two-hundred day moving average of $71.66.

Liberty Live Group (NASDAQ:LLYVK - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.22).

Liberty Live Group 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.

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