Southeastern Asset Management Inc. TN lowered its stake in shares of Liberty Live Group (NASDAQ:LLYVK - Free Report) by 71.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 159,319 shares of the company's stock after selling 392,821 shares during the period. Southeastern Asset Management Inc. TN owned approximately 0.17% of Liberty Live Group worth $10,843,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its stake in shares of Liberty Live Group by 16.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,378 shares of the company's stock worth $94,000 after purchasing an additional 192 shares during the last quarter. Kirr Marbach & Co. LLC IN increased its holdings in Liberty Live Group by 0.8% during the 4th quarter. Kirr Marbach & Co. LLC IN now owns 33,856 shares of the company's stock worth $2,304,000 after acquiring an additional 281 shares during the period. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Liberty Live Group in the fourth quarter worth $27,000. Lee Danner & Bass Inc. bought a new stake in shares of Liberty Live Group during the 4th quarter valued at about $37,000. Finally, KBC Group NV grew its stake in Liberty Live Group by 25.7% in the 4th quarter. KBC Group NV now owns 2,727 shares of the company's stock worth $186,000 after buying an additional 557 shares in the last quarter. Institutional investors own 60.36% of the company's stock.
Insiders Place Their Bets
In related news, Director Chase Carey sold 50,000 shares of the stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $94.60, for a total transaction of $4,730,000.00. Following the sale, the director now directly owns 93,102 shares of the company's stock, valued at approximately $8,807,449.20. This represents a 34.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Liberty Live Group Price Performance
NASDAQ LLYVK traded down $0.16 during trading on Wednesday, hitting $77.31. 108,211 shares of the company's stock traded hands, compared to its average volume of 358,142. The stock has a fifty day moving average of $70.20 and a two-hundred day moving average of $70.55. Liberty Live Group has a 12-month low of $33.50 and a 12-month high of $81.66. The firm has a market cap of $7.10 billion, a P/E ratio of 286.01 and a beta of 1.54.
Liberty Live Group (NASDAQ:LLYVK - Get Free Report) last announced its quarterly earnings data 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
(
Free Report)
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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