Bank of America Corp DE increased its position in shares of Liberty Live Group (NASDAQ:LLYVK - Free Report) by 413.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 188,854 shares of the company's stock after buying an additional 152,088 shares during the period. Bank of America Corp DE owned 0.21% of Liberty Live Group worth $12,853,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in LLYVK. PNC Financial Services Group Inc. raised its position in Liberty Live Group by 16.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,378 shares of the company's stock valued at $94,000 after purchasing an additional 192 shares during the last quarter. Kirr Marbach & Co. LLC IN grew its stake 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 period. Pilgrim Partners Asia Pte Ltd bought a new position in Liberty Live Group in the fourth quarter worth approximately $27,000. Lee Danner & Bass Inc. bought a new position in Liberty Live Group in the fourth quarter worth approximately $37,000. Finally, KBC Group NV lifted its holdings in shares of Liberty Live Group by 25.7% in the fourth quarter. KBC Group NV now owns 2,727 shares of the company's stock valued at $186,000 after purchasing an additional 557 shares in the last quarter. 60.36% of the stock is currently owned by institutional investors and hedge funds.
Liberty Live Group Stock Down 1.1%
Liberty Live Group stock traded down $0.82 during mid-day trading on Wednesday, reaching $74.80. 39,032 shares of the company's stock were exchanged, compared to its average volume of 359,746. The business's fifty day simple moving average is $71.24 and its 200 day simple moving average is $71.10. Liberty Live Group has a one year low of $33.50 and a one year high of $81.66. The firm has a market capitalization of $6.87 billion, a PE ratio of 277.07 and a beta of 1.54.
Liberty Live Group (NASDAQ:LLYVK - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.22).
Insiders Place Their Bets
In related news, Director Chase Carey sold 50,000 shares of the stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $94.60, for a total transaction of $4,730,000.00. Following the completion of the sale, the director now owns 93,102 shares in the company, valued at approximately $8,807,449.20. This trade represents a 34.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
About Liberty Live Group
(
Free Report)
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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