Liberty Live Group (NASDAQ:LLYVA) Shares Purchased by Sculptor Capital LP

Sculptor Capital LP raised its holdings in Liberty Live Group (NASDAQ:LLYVA - Free Report) by 8.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,100,000 shares of the company's stock after buying an additional 84,875 shares during the quarter. Liberty Live Group comprises 1.0% of Sculptor Capital LP's holdings, making the stock its 27th largest position. Sculptor Capital LP owned 1.20% of Liberty Live Group worth $73,216,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in LLYVA. Vanguard Group Inc. lifted its stake in shares of Liberty Live Group by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 2,002,784 shares of the company's stock valued at $133,305,000 after purchasing an additional 8,769 shares during the period. Pentwater Capital Management LP raised its position in shares of Liberty Live Group by 2,346.0% in the fourth quarter. Pentwater Capital Management LP now owns 611,500 shares of the company's stock valued at $40,701,000 after buying an additional 586,500 shares during the last quarter. Susquehanna International Group LLP raised its position in shares of Liberty Live Group by 352.1% in the fourth 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 raised its position in shares of Liberty Live Group by 1,446.7% in the fourth 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 grew its holdings in shares of Liberty Live Group by 83.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 233,428 shares of the company's stock valued at $15,537,000 after purchasing an additional 105,942 shares during the period. Hedge funds and other institutional investors own 25.07% of the company's stock.

Insiders Place Their Bets

In other news, Director Chase Carey sold 100,000 shares of the stock in a transaction dated Tuesday, May 13th. The shares were 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 $8,973,170.76. This represents a 51.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Liberty Live Group Price Performance

Shares of LLYVA traded down $1.47 during mid-day trading on Tuesday, reaching $76.61. The stock had a trading volume of 69,234 shares, compared to its average volume of 140,491. Liberty Live Group has a 52-week low of $32.55 and a 52-week high of $79.63. The firm has a market cap of $7.04 billion, a price-to-earnings ratio of 283.74 and a beta of 1.51. The business's fifty day moving average is $68.81 and its 200 day moving average is $69.08.

Liberty Live Group (NASDAQ:LLYVA - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.22).

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.