Liberty Live Group (NASDAQ:LLYVK) Sees Large Volume Increase – Time to Buy?

Liberty Live Group (NASDAQ:LLYVK) shares saw strong trading volume on Wednesday . 1,145,745 shares changed hands during trading, an increase of 252% from the previous session’s volume of 325,246 shares.The stock last traded at $65.77 and had previously closed at $67.19.

Liberty Live Group Stock Performance

The firm’s 50 day moving average is $51.47 and its 200-day moving average is $42.96.

Insider Buying and Selling at Liberty Live Group

In related news, Director Andrea L. Wong sold 1,604 shares of the stock in a transaction on Wednesday, September 25th. The shares were sold at an average price of $47.41, for a total value of $76,045.64. Following the transaction, the director now directly owns 5,274 shares of the company’s stock, valued at $250,040.34. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Liberty Live Group news, CAO Brian J. Wendling sold 10,011 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $73.80, for a total transaction of $738,811.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Andrea L. Wong sold 1,604 shares of the business’s stock in a transaction that occurred on Wednesday, September 25th. The stock was sold at an average price of $47.41, for a total transaction of $76,045.64. Following the sale, the director now owns 5,274 shares of the company’s stock, valued at approximately $250,040.34. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 30,817 shares of company stock valued at $2,327,591.

Institutional Investors Weigh In On Liberty Live Group

Institutional investors have recently bought and sold shares of the business. Quarry LP purchased a new position in shares of Liberty Live Group in the second quarter valued at $28,000. Beach Investment Counsel Inc. PA purchased a new position in shares of Liberty Live Group in the second quarter valued at $30,000. Whittier Trust Co. boosted its stake in shares of Liberty Live Group by 1,359.3% in the second quarter. Whittier Trust Co. now owns 861 shares of the company’s stock valued at $33,000 after purchasing an additional 802 shares during the period. Daiwa Securities Group Inc. purchased a new position in shares of Liberty Live Group in the second quarter valued at $39,000. Finally, Hahn Capital Management LLC boosted its stake in shares of Liberty Live Group by 33.6% in the second quarter. Hahn Capital Management LLC now owns 2,908 shares of the company’s stock valued at $111,000 after purchasing an additional 732 shares during the period. 60.36% of the stock is currently owned by hedge funds and other 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.