LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) Director William L. Cornog sold 40,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $7.62, for a total value of $304,800.00. Following the completion of the transaction, the director now owns 196,739 shares of the company's stock, valued at approximately $1,499,151.18. This represents a 16.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
LiveWire Group Price Performance
NYSE LVWR traded down $0.56 on Friday, hitting $5.70. 687,351 shares of the stock were exchanged, compared to its average volume of 1,000,007. The business's fifty day moving average is $2.53 and its 200 day moving average is $3.23. LiveWire Group, Inc. has a 52 week low of $0.93 and a 52 week high of $9.04. The company has a market capitalization of $1.16 billion, a PE ratio of -12.43 and a beta of 1.73.
LiveWire Group (NYSE:LVWR - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported ($0.09) EPS for the quarter. The company had revenue of $2.74 million for the quarter. LiveWire Group had a negative return on equity of 58.65% and a negative net margin of 352.66%.
Institutional Trading of LiveWire Group
A number of institutional investors and hedge funds have recently made changes to their positions in LVWR. Rhumbline Advisers boosted its position in LiveWire Group by 21.9% during the 1st quarter. Rhumbline Advisers now owns 17,655 shares of the company's stock worth $35,000 after buying an additional 3,167 shares during the period. Wexford Capital LP bought a new stake in LiveWire Group in the fourth quarter valued at approximately $87,000. Nuveen LLC bought a new position in shares of LiveWire Group in the 1st quarter worth about $43,000. Charles Schwab Investment Management Inc. lifted its position in shares of LiveWire Group by 14.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 46,511 shares of the company's stock valued at $224,000 after acquiring an additional 5,968 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of LiveWire Group by 120.5% in the 4th quarter. JPMorgan Chase & Co. now owns 66,523 shares of the company's stock valued at $320,000 after buying an additional 36,357 shares during the period. Institutional investors own 0.88% of the company's stock.
LiveWire Group Company Profile
(
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LiveWire Group, Inc manufactures electric motorcycles in the United States and internationally. It operates in two segments Electric Motorcycles and STACYC. The company designs and sells electric motorcycles and parts, accessories, and apparel; and electric balance bikes for kids. It serves wholesalers, independent dealers, retailers, and through online.
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