Liberty Live Group (NASDAQ:LLYVA) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Liberty Live Group (NASDAQ:LLYVA) saw an uptick in trading volume on Friday . 130,791 shares changed hands during trading, an increase of 46% from the previous session’s volume of 89,408 shares.The stock last traded at $64.49 and had previously closed at $64.98.

Liberty Live Group Stock Down 0.6 %

The firm has a fifty day moving average price of $67.08 and a 200-day moving average price of $51.17.

Insider Buying and Selling at Liberty Live Group

In other news, CEO Gregory B. Maffei sold 35,463 shares of the company’s stock in a transaction on 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 transaction, the chief executive officer now owns 1,240,785 shares of the company’s stock, valued at $88,753,351.05. This represents a 2.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Brian J. Wendling sold 1,094 shares of Liberty Live Group stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $69.57, for a total value of $76,109.58. The disclosure for this sale can be found here.

Hedge Funds Weigh In On Liberty Live Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pinnacle Associates Ltd. grew its position in shares of Liberty Live Group by 1.5% in the third quarter. Pinnacle Associates Ltd. now owns 100,428 shares of the company’s stock valued at $4,972,000 after purchasing an additional 1,528 shares in the last quarter. Point72 DIFC Ltd bought a new position in Liberty Live Group in the 3rd quarter worth about $77,000. XTX Topco Ltd increased its position in shares of Liberty Live Group by 28.4% during the second quarter. XTX Topco Ltd now owns 7,113 shares of the company’s stock valued at $267,000 after buying an additional 1,574 shares during the period. swisspartners Advisors Ltd increased its position in shares of Liberty Live Group by 5.3% during the third quarter. swisspartners Advisors Ltd now owns 43,849 shares of the company’s stock valued at $2,171,000 after buying an additional 2,220 shares during the period. Finally, Marshall Wace LLP lifted its holdings in shares of Liberty Live Group by 12.6% in the second quarter. Marshall Wace LLP now owns 21,100 shares of the company’s stock worth $791,000 after buying an additional 2,365 shares in the last quarter. Institutional investors own 25.07% of the company’s stock.

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.