Liberty Live Group (NASDAQ:LLYVA) Stock Position Cut by Horizon Kinetics Asset Management LLC

Horizon Kinetics Asset Management LLC reduced its stake in Liberty Live Group (NASDAQ:LLYVA) by 49.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,659 shares of the company’s stock after selling 4,618 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in Liberty Live Group were worth $310,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. ValueAct Holdings L.P. acquired a new position in Liberty Live Group during the third quarter worth about $33,261,000. Linonia Partnership LP boosted its position in shares of Liberty Live Group by 9.7% during the 3rd quarter. Linonia Partnership LP now owns 2,498,950 shares of the company’s stock valued at $123,723,000 after purchasing an additional 220,317 shares in the last quarter. Proficio Capital Partners LLC bought a new position in shares of Liberty Live Group during the 4th quarter valued at about $12,285,000. HBK Investments L P acquired a new position in shares of Liberty Live Group in the 3rd quarter worth approximately $8,979,000. Finally, Virtu Financial LLC raised its holdings in shares of Liberty Live Group by 141.2% in the 3rd quarter. Virtu Financial LLC now owns 182,372 shares of the company’s stock worth $9,029,000 after purchasing an additional 106,752 shares in the last quarter. 25.07% of the stock is currently owned by institutional investors.

Liberty Live Group Stock Performance

Shares of NASDAQ:LLYVA opened at $64.69 on Tuesday. The stock has a market capitalization of $5.94 billion, a price-to-earnings ratio of -190.26 and a beta of 1.54. Liberty Live Group has a 1-year low of $32.55 and a 1-year high of $79.63. The company has a 50 day moving average price of $70.67 and a 200 day moving average price of $62.17.

Liberty Live Group 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.