Voloridge Investment Management LLC acquired a new position in shares of Liberty Live Group (NASDAQ:LLYVK - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 39,043 shares of the company's stock, valued at approximately $2,657,000.
Several other large investors also recently modified their holdings of LLYVK. ValueAct Holdings L.P. increased its position in shares of 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. T. Rowe Price Investment Management Inc. grew its holdings in Liberty Live Group by 25.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,968,861 shares of the company's stock worth $474,301,000 after purchasing an additional 1,427,968 shares during the period. Finepoint Capital LP acquired a new stake in Liberty Live Group in the fourth quarter worth $55,319,000. Norges Bank acquired a new stake in Liberty Live Group in the fourth quarter worth $49,458,000. Finally, JNE Partners LLP grew its holdings in Liberty Live Group by 28.5% in the fourth quarter. JNE Partners LLP now owns 1,300,890 shares of the company's stock worth $88,539,000 after purchasing an additional 288,390 shares during the period. 60.36% of the stock is currently owned by institutional investors and hedge funds.
Liberty Live Group Stock Down 0.3%
NASDAQ:LLYVK traded down $0.23 during trading hours on Friday, reaching $72.43. The company had a trading volume of 479,807 shares, compared to its average volume of 365,776. The firm has a market cap of $6.65 billion, a price-to-earnings ratio of 268.26 and a beta of 1.54. The business's 50-day simple moving average is $71.54 and its two-hundred day simple moving average is $71.31. Liberty Live Group has a twelve month low of $33.50 and a twelve month high of $81.66.
Liberty Live Group (NASDAQ:LLYVK - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of $0.04 by ($0.22).
Insider Buying and Selling at Liberty Live Group
In related news, Director Chase Carey sold 50,000 shares of the firm's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $94.60, for a total transaction of $4,730,000.00. Following the transaction, the director now directly owns 93,102 shares of the company's stock, valued at $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 Securities & Exchange Commission, which is available at this link.
Liberty Live Group Profile
(
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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