Southeastern Asset Management Inc. TN Trims Stock Holdings in Liberty Live Group (NASDAQ:LLYVA)

Southeastern Asset Management Inc. TN lowered its holdings in Liberty Live Group (NASDAQ:LLYVA) by 53.9% in the fourth quarter, HoldingsChannel reports. The firm owned 55,259 shares of the company’s stock after selling 64,628 shares during the period. Southeastern Asset Management Inc. TN’s holdings in Liberty Live Group were worth $3,678,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LLYVA. Daiwa Securities Group Inc. bought a new position in Liberty Live Group during the 4th quarter worth approximately $27,000. US Bancorp DE lifted its holdings in Liberty Live Group by 24.0% during the 4th quarter. US Bancorp DE now owns 822 shares of the company’s stock worth $55,000 after buying an additional 159 shares during the last quarter. Sterling Capital Management LLC lifted its holdings in Liberty Live Group by 65.2% during the 4th quarter. Sterling Capital Management LLC now owns 1,178 shares of the company’s stock worth $78,000 after buying an additional 465 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in 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 buying an additional 929 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in Liberty Live Group by 39,550.0% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 3,172 shares of the company’s stock worth $211,000 after buying an additional 3,164 shares during the last quarter. Hedge funds and other institutional investors own 25.07% of the company’s stock.

Insider Transactions at Liberty Live Group

In other news, Director Chase Carey sold 100,000 shares of the stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $96.38, for a total transaction of $9,638,000.00. Following the sale, the director now directly owns 93,102 shares in the company, valued at approximately $8,973,170.76. This represents a 51.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Liberty Live Group Stock Up 1.7%

NASDAQ:LLYVA opened at $77.15 on Friday. The business’s 50 day moving average is $68.29 and its two-hundred day moving average is $68.62. Liberty Live Group has a 52 week low of $32.55 and a 52 week high of $79.63. The company has a market cap of $7.08 billion, a PE ratio of 285.74 and a beta of 1.51.

Liberty Live Group (NASDAQ:LLYVA) last announced its quarterly earnings results on Wednesday, May 7th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.22).

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.