Southeastern Asset Management Inc. TN Lowers Stake in Liberty Live Group (NASDAQ:LLYVA)

Southeastern Asset Management Inc. TN decreased its holdings in Liberty Live Group (NASDAQ:LLYVA - Free Report) by 53.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 55,259 shares of the company's stock after selling 64,628 shares during the quarter. Southeastern Asset Management Inc. TN owned 0.06% of Liberty Live Group worth $3,678,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Liberty Live Group by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 2,002,784 shares of the company's stock worth $133,305,000 after acquiring an additional 8,769 shares in the last quarter. Pentwater Capital Management LP lifted its position in shares of Liberty Live Group by 2,346.0% during the 4th quarter. Pentwater Capital Management LP now owns 611,500 shares of the company's stock worth $40,701,000 after buying an additional 586,500 shares during the last quarter. Susquehanna International Group LLP grew its position in shares of Liberty Live Group by 352.1% in the 4th quarter. Susquehanna International Group LLP now owns 279,938 shares of the company's stock valued at $18,633,000 after buying an additional 218,014 shares during the last quarter. Bank of America Corp DE grew its position in shares of Liberty Live Group by 1,446.7% in the 4th quarter. Bank of America Corp DE now owns 252,823 shares of the company's stock valued at $16,828,000 after buying an additional 236,477 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in Liberty Live Group by 83.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 233,428 shares of the company's stock worth $15,537,000 after acquiring an additional 105,942 shares in the last quarter. 25.07% of the stock is owned by institutional investors and hedge funds.

Liberty Live Group Stock Performance

NASDAQ LLYVA traded down $0.24 during trading hours on Wednesday, hitting $76.37. The company had a trading volume of 29,870 shares, compared to its average volume of 147,130. The business has a 50 day moving average of $69.11 and a 200-day moving average of $69.13. The company has a market cap of $7.01 billion, a PE ratio of 282.86 and a beta of 1.51. Liberty Live Group has a 1-year low of $32.54 and a 1-year high of $79.63.

Liberty Live Group (NASDAQ:LLYVA - Get Free Report) last announced its quarterly earnings data 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 100,000 shares of the stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $96.38, for a total transaction of $9,638,000.00. Following the transaction, the director now directly owns 93,102 shares in the company, valued at approximately $8,973,170.76. This represents a 51.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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.