Liberty Live Group (NASDAQ:LLYVA) Sets New 52-Week High – Time to Buy?

Shares of Liberty Live Group (NASDAQ:LLYVA) reached a new 52-week high on Friday . The company traded as high as $73.11 and last traded at $72.89, with a volume of 26199 shares trading hands. The stock had previously closed at $71.57.

Liberty Live Group Price Performance

The firm’s fifty day moving average price is $68.80 and its 200-day moving average price is $54.19.

Liberty Live Group (NASDAQ:LLYVA) last issued its quarterly earnings data on Tuesday, November 12th. The company reported $0.16 earnings per share (EPS) for the quarter.

Insider Activity at Liberty Live Group

In related news, CAO Brian J. Wendling sold 1,094 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $69.57, for a total value of $76,109.58. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Gregory B. Maffei sold 35,463 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was 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 of the company’s stock, valued at approximately $88,753,351.05. The trade was a 2.78 % decrease in their position. The disclosure for this sale can be found here.

Institutional Trading of Liberty Live Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Marshall Wace LLP increased its holdings in Liberty Live Group by 12.6% in the second quarter. Marshall Wace LLP now owns 21,100 shares of the company’s stock worth $791,000 after purchasing an additional 2,365 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in Liberty Live Group in the second quarter valued at $560,000. Susquehanna International Group LLP increased its stake in Liberty Live Group by 22.2% in the second quarter. Susquehanna International Group LLP now owns 169,186 shares of the company’s stock valued at $6,346,000 after purchasing an additional 30,775 shares in the last quarter. Pinnacle Associates Ltd. raised its holdings in shares of Liberty Live Group by 1.5% during the third quarter. Pinnacle Associates Ltd. now owns 100,428 shares of the company’s stock valued at $4,972,000 after purchasing an additional 1,528 shares during the period. Finally, swisspartners Advisors Ltd boosted its position in shares of Liberty Live Group by 5.3% during the 3rd quarter. swisspartners Advisors Ltd now owns 43,849 shares of the company’s stock worth $2,171,000 after purchasing an additional 2,220 shares in the last quarter. 25.07% of the stock is currently owned by institutional investors and hedge funds.

Liberty Live Group Company 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.