Liberty Live Group (NASDAQ:LLYVA) Sees Large Volume Increase – Here’s What Happened

Shares of Liberty Live Group (NASDAQ:LLYVA) saw unusually-high trading volume on Friday . Approximately 130,791 shares were traded during mid-day 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 stock has a fifty day moving average of $67.08 and a two-hundred day moving average of $51.17.

Insider Activity

In other news, CEO Gregory B. Maffei sold 35,463 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $71.53, for a total value of $2,536,668.39. Following the transaction, the chief executive officer now directly owns 1,240,785 shares of the company’s stock, valued at $88,753,351.05. The trade was a 2.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Brian J. Wendling sold 1,094 shares of the firm’s stock in a transaction that occurred on 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

Institutional investors have recently made changes to their positions in the stock. Point72 DIFC Ltd bought a new position in shares of Liberty Live Group in the 3rd quarter worth $77,000. Quantinno Capital Management LP bought a new position in shares of Liberty Live Group in the third quarter valued at $222,000. XTX Topco Ltd grew its holdings 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 last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Liberty Live Group in the 2nd quarter worth about $560,000. Finally, Canada Pension Plan Investment Board lifted its position in Liberty Live Group by 27.4% in the 2nd quarter. Canada Pension Plan Investment Board now owns 19,075 shares of the company’s stock valued at $716,000 after acquiring an additional 4,100 shares in the last quarter. Institutional investors and hedge funds own 25.07% of the company’s stock.

About Liberty Live Group

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.