Liberty Live Group (NASDAQ:LLYVK) Shares Gap Down to $41.09

Liberty Live Group (NASDAQ:LLYVK) gapped down before the market opened on Tuesday . The stock had previously closed at $41.09, but opened at $39.46. Liberty Live Group shares last traded at $37.99, with a volume of 102,612 shares trading hands.

Liberty Live Group Stock Up 0.4 %

The business’s 50 day moving average price is $40.37 and its 200 day moving average price is $36.71.

Insider Buying and Selling

In other news, major shareholder Berkshire Hathaway Inc acquired 650,224 shares of Liberty Live Group stock in a transaction that occurred on Tuesday, January 23rd. The shares were bought at an average cost of $30.96 per share, with a total value of $20,130,935.04. Following the transaction, the insider now directly owns 47,118,902 shares of the company’s stock, valued at approximately $1,458,801,205.92. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have purchased 7,264,095 shares of company stock worth $207,506,924.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in LLYVK. Dougherty Wealth Advisers LLC bought a new stake in shares of Liberty Live Group during the third quarter valued at approximately $25,000. Balentine LLC purchased a new stake in shares of Liberty Live Group in the 3rd quarter worth $35,000. Ardevora Asset Management LLP bought a new position in shares of Liberty Live Group during the 3rd quarter worth $38,000. Glenmede Trust Co. NA purchased a new position in shares of Liberty Live Group during the third quarter valued at $39,000. Finally, PNC Financial Services Group Inc. bought a new stake in shares of Liberty Live Group in the third quarter valued at about $41,000. 60.36% of the stock is currently owned by institutional investors.

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.