Insider Selling: Liberty Live Group (NASDAQ:LLYVK) CEO Sells 35,463 Shares of Stock


Insider Selling: Liberty Live Group (NASDAQ:LLYVK) CEO Sells 35,463 Shares of Stock

Liberty Live Group (NASDAQ:LLYVK - Get Free Report) CEO Gregory B. Maffei sold 35,463 shares of the firm's stock in a transaction on Monday, December 16th. The shares were sold at an average price of $71.53, for a total value of $2,536,668.39. Following the transaction, the chief executive officer now directly owns 1,240,785 shares in the company, valued at $88,753,351.05. This trade represents a 2.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of Liberty Live Group stock traded down $3.72 on Wednesday, hitting $67.63. The company had a trading volume of 291,651 shares, compared to its average volume of 332,237. Liberty Live Group has a 52 week low of $33.50 and a 52 week high of $73.89. The business has a 50-day simple moving average of $64.26 and a 200-day simple moving average of $48.52.

Several institutional investors have recently modified their holdings of the company. Walleye Capital LLC bought a new stake in Liberty Live Group in the third quarter worth about $976,000. D. E. Shaw & Co. Inc. raised its holdings in shares of Liberty Live Group by 7.9% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,404,019 shares of the company's stock worth $53,732,000 after purchasing an additional 102,967 shares in the last quarter. Lighthouse Investment Partners LLC lifted its stake in Liberty Live Group by 33.3% during the second quarter. Lighthouse Investment Partners LLC now owns 170,032 shares of the company's stock valued at $6,507,000 after purchasing an additional 42,457 shares during the last quarter. XTX Topco Ltd bought a new stake in Liberty Live Group during the third quarter worth approximately $408,000. Finally, Troluce Capital Advisors LLC grew its position in Liberty Live Group by 39.3% in the second quarter. Troluce Capital Advisors LLC now owns 1,305,000 shares of the company's stock worth $49,942,000 after buying an additional 367,900 shares during the last quarter. Institutional investors and hedge funds own 60.36% of the company's stock.

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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