Liberty Live Group (NASDAQ:LLYVA) Reaches New 52-Week High – Should You Buy?

Shares of Liberty Live Group (NASDAQ:LLYVA) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $79.63 and last traded at $78.76, with a volume of 70634 shares. The stock had previously closed at $75.85.

Liberty Live Group Trading Up 3.8 %

The stock has a 50-day simple moving average of $70.51 and a 200 day simple moving average of $59.10.

Insider Buying and Selling at Liberty Live Group

In related news, CEO Gregory B. Maffei sold 35,463 shares of Liberty Live Group stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $71.53, for a total transaction of $2,536,668.39. Following the completion of the sale, the chief executive officer now owns 1,240,785 shares in the company, valued at approximately $88,753,351.05. This trade represents a 2.78 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Institutional Trading of Liberty Live Group

Hedge funds have recently added to or reduced their stakes in the business. Daiwa Securities Group Inc. purchased a new position in shares of Liberty Live Group in the 4th quarter worth $27,000. US Bancorp DE raised its holdings in shares of Liberty Live Group by 24.0% in the 4th quarter. US Bancorp DE now owns 822 shares of the company’s stock worth $55,000 after purchasing an additional 159 shares during the period. Point72 DIFC Ltd purchased a new position in shares of Liberty Live Group in the 3rd quarter worth about $77,000. Sterling Capital Management LLC lifted its stake in shares of Liberty Live Group by 65.2% in the 4th quarter. Sterling Capital Management LLC now owns 1,178 shares of the company’s stock valued at $78,000 after purchasing an additional 465 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Liberty Live Group by 215.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,361 shares of the company’s stock worth $91,000 after purchasing an additional 929 shares during the period. 25.07% of the stock is 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.