Southeastern Asset Management Inc. TN Reduces Stock Holdings in Liberty Live Group (NASDAQ:LLYVK)

Southeastern Asset Management Inc. TN decreased its stake in Liberty Live Group (NASDAQ:LLYVK - Free Report) by 71.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 159,319 shares of the company's stock after selling 392,821 shares during the quarter. Southeastern Asset Management Inc. TN owned about 0.17% of Liberty Live Group worth $10,843,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. T. Rowe Price Investment Management Inc. grew its holdings in Liberty Live Group by 25.8% during 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 acquiring an additional 1,427,968 shares during the period. Vanguard Group Inc. lifted its position in shares of Liberty Live Group by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 4,759,475 shares of the company's stock valued at $323,930,000 after acquiring an additional 56,026 shares in the last quarter. D. E. Shaw & Co. Inc. lifted its position in shares of Liberty Live Group by 2.7% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,567,869 shares of the company's stock valued at $106,709,000 after acquiring an additional 41,717 shares in the last quarter. JNE Partners LLP lifted its position in shares of Liberty Live Group by 28.5% in the fourth quarter. JNE Partners LLP now owns 1,300,890 shares of the company's stock valued at $88,539,000 after acquiring an additional 288,390 shares in the last quarter. Finally, Finepoint Capital LP acquired a new stake in shares of Liberty Live Group in the fourth quarter valued at approximately $55,319,000. Hedge funds and other institutional investors own 60.36% of the company's stock.

Insiders Place Their Bets

In other Liberty Live Group news, Director Chase Carey sold 50,000 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $94.60, for a total transaction of $4,730,000.00. Following the transaction, the director now owns 93,102 shares in the company, valued at approximately $8,807,449.20. The trade was a 34.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Liberty Live Group Stock Performance

NASDAQ:LLYVK opened at $78.12 on Friday. Liberty Live Group has a one year low of $33.50 and a one year high of $81.66. The stock has a market cap of $7.17 billion, a PE ratio of 289.33 and a beta of 1.54. The stock has a 50 day moving average price of $69.41 and a 200 day moving average price of $70.06.

Liberty Live Group (NASDAQ:LLYVK - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates 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.

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