Liberty Live Group (NASDAQ:LLYVK) Major Shareholder Acquires $7,937,394.39 in Stock

Liberty Live Group (NASDAQ:LLYVK) major shareholder Berkshire Hathaway Inc acquired 311,637 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The stock was purchased at an average price of $25.47 per share, for a total transaction of $7,937,394.39. Following the acquisition, the insider now directly owns 70,002,897 shares of the company’s stock, valued at approximately $1,782,973,786.59. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Berkshire Hathaway Inc also recently made the following trade(s):

• On Friday, April 26th, Berkshire Hathaway Inc acquired 219,303 shares of Liberty Live Group stock. The stock was purchased at an average price of $24.46 per share, for a total transaction of $5,364,151.38.
• On Wednesday, April 24th, Berkshire Hathaway Inc acquired 123,388 shares of Liberty Live Group stock. The stock was purchased at an average price of $25.22 per share, for a total transaction of $3,111,845.36.
• On Friday, April 12th, Berkshire Hathaway Inc bought 413,227 shares of Liberty Live Group stock. The shares were bought at an average cost of $25.58 per share, with a total value of $10,570,346.66.
• On Wednesday, April 10th, Berkshire Hathaway Inc bought 513,104 shares of Liberty Live Group stock. The shares were bought at an average cost of $25.96 per share, with a total value of $13,320,179.84.
• On Monday, April 8th, Berkshire Hathaway Inc bought 938,896 shares of Liberty Live Group stock. The shares were bought at an average cost of $26.98 per share, with a total value of $25,331,414.08.
• On Thursday, April 4th, Berkshire Hathaway Inc bought 1,250,000 shares of Liberty Live Group stock. The shares were bought at an average cost of $27.76 per share, with a total value of $34,700,000.00.
• On Wednesday, March 27th, Berkshire Hathaway Inc bought 189,759 shares of Liberty Live Group stock. The shares were bought at an average cost of $29.25 per share, with a total value of $5,550,450.75.
• On Monday, March 25th, Berkshire Hathaway Inc bought 199,664 shares of Liberty Live Group stock. The shares were bought at an average cost of $28.82 per share, with a total value of $5,754,316.48.
• On Thursday, March 21st, Berkshire Hathaway Inc acquired 333,916 shares of Liberty Live Group stock. The stock was acquired at an average cost of $28.92 per share, with a total value of $9,656,850.72.
• On Monday, March 11th, Berkshire Hathaway Inc acquired 20,609 shares of Liberty Live Group stock. The stock was acquired at an average cost of $29.94 per share, with a total value of $617,033.46.

Liberty Live Group Price Performance

LLYVK opened at $37.16 on Thursday. Liberty Live Group has a 1-year low of $29.63 and a 1-year high of $44.16. The business has a 50 day moving average of $40.42 and a 200-day moving average of $37.07.

Institutional Investors Weigh In On Liberty Live Group

Hedge funds have recently modified their holdings of the business. Dougherty Wealth Advisers LLC bought a new stake in shares of Liberty Live Group in the third quarter valued at approximately $25,000. Balentine LLC bought a new stake in shares of Liberty Live Group in the third quarter valued at approximately $35,000. Ardevora Asset Management LLP bought a new stake in shares of Liberty Live Group in the third quarter valued at approximately $38,000. PNC Financial Services Group Inc. bought a new stake in shares of Liberty Live Group in the third quarter valued at approximately $41,000. Finally, Quent Capital LLC bought a new position in Liberty Live Group in the fourth quarter worth $43,000. 60.36% of the stock is owned by institutional investors.

About Liberty Live Group

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.