LiveWire Group, Inc. (NYSE:LVWR) Director Kjell Gruner Sells 5,000 Shares

LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) Director Kjell Gruner sold 5,000 shares of the company's stock in a transaction on Monday, May 13th. The stock was sold at an average price of $6.67, for a total transaction of $33,350.00. Following the completion of the transaction, the director now directly owns 57,808 shares of the company's stock, valued at $385,579.36. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Kjell Gruner also recently made the following trade(s):

• On Thursday, May 9th, Kjell Gruner sold 5,000 shares of LiveWire Group stock. The stock was sold at an average price of $6.67, for a total value of $33,350.00.

LiveWire Group Price Performance

LVWR stock traded up $0.16 during midday trading on Tuesday, hitting $6.85. The company's stock had a trading volume of 30,709 shares, compared to its average volume of 25,461. The company's fifty day moving average price is $7.05 and its 200 day moving average price is $9.33. LiveWire Group, Inc. has a twelve month low of $5.71 and a twelve month high of $12.50. The stock has a market capitalization of $1.39 billion, a P/E ratio of -12.45 and a beta of 0.96.

LiveWire Group (NYSE:LVWR - Get Free Report) last released its earnings results on Thursday, April 25th. The company reported ($0.12) earnings per share (EPS) for the quarter. LiveWire Group had a negative net margin of 317.96% and a negative return on equity of 49.54%. The company had revenue of $4.98 million during the quarter.

Analyst Ratings Changes

Separately, Citigroup cut their target price on LiveWire Group from $7.75 to $7.25 and set a "neutral" rating on the stock in a research note on Thursday, May 9th.

LiveWire Group Company Profile

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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