LiveWire Group (NYSE:LVWR) Shares Down 8.8% – Should You Sell?

LiveWire Group, Inc. (NYSE:LVWR)’s stock price fell 8.8% during mid-day trading on Monday . The company traded as low as $4.54 and last traded at $4.15. 19,413 shares changed hands during trading, an increase of 12% from the average session volume of 17,264 shares. The stock had previously closed at $4.55.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of LiveWire Group in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

LiveWire Group Price Performance

The company has a market capitalization of $861.86 million, a price-to-earnings ratio of -10.83 and a beta of 1.77. The business’s 50-day moving average price is $4.62 and its two-hundred day moving average price is $4.47.

LiveWire Group (NYSE:LVWR) last announced its quarterly earnings data on Tuesday, November 4th. The company reported ($0.10) earnings per share for the quarter. The company had revenue of $5.70 million during the quarter. LiveWire Group had a negative net margin of 320.10% and a negative return on equity of 90.76%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. UBS Group AG lifted its stake in LiveWire Group by 12.4% in the 3rd quarter. UBS Group AG now owns 160,098 shares of the company’s stock valued at $760,000 after purchasing an additional 17,672 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of LiveWire Group by 117.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 9,363 shares of the company’s stock valued at $44,000 after acquiring an additional 5,060 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in shares of LiveWire Group by 82.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 6,751 shares of the company’s stock valued at $32,000 after acquiring an additional 3,042 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of LiveWire Group by 109.4% during the 3rd quarter. Vanguard Group Inc. now owns 547,021 shares of the company’s stock valued at $2,598,000 after acquiring an additional 285,850 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in LiveWire Group during the 3rd quarter worth $55,000. 0.88% of the stock is currently owned by institutional investors and hedge funds.

LiveWire Group Company Profile

LiveWire Group Inc (NYSE: LVWR) is an independent electric vehicle manufacturer specializing in high-performance two-wheelers and innovative urban mobility solutions. Established as a wholly owned subsidiary of Harley-Davidson Inc in 2018, the company was spun off in September 2022 following a merger with a special-purpose acquisition company, commencing trading as LiveWire Group. Since then, LiveWire has focused on scaling its core electric motorcycle business and developing a new generation of connected, battery-powered vehicles.

LiveWire’s product lineup is anchored by its first production model, the LiveWire One, known for its rapid acceleration, long-range battery architecture and integrated connectivity features.