LiveWire Group, Inc. (NYSE:LVWR) CEO Karim Donnez Sells 9,202 Shares

LiveWire Group, Inc. (NYSE:LVWR) CEO Karim Donnez sold 9,202 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $6.05, for a total value of $55,672.10. Following the completion of the sale, the chief executive officer now directly owns 456,772 shares in the company, valued at approximately $2,763,470.60. The trade was a 1.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Karim Donnez also recently made the following trade(s):

• On Friday, November 29th, Karim Donnez sold 2,795 shares of LiveWire Group stock. The shares were sold at an average price of $6.00, for a total value of $16,770.00.

LiveWire Group Trading Down 0.3 %

LiveWire Group stock opened at $5.83 on Wednesday. LiveWire Group, Inc. has a twelve month low of $5.20 and a twelve month high of $12.04. The stock’s fifty day simple moving average is $6.15 and its 200-day simple moving average is $6.65. The firm has a market capitalization of $1.18 billion, a P/E ratio of -11.43 and a beta of 0.94.

LiveWire Group (NYSE:LVWR) last posted its quarterly earnings data on Thursday, October 24th. The company reported ($0.11) earnings per share for the quarter. LiveWire Group had a negative return on equity of 60.75% and a negative net margin of 336.65%. The company had revenue of $4.45 million for the quarter.

Institutional Trading of LiveWire Group

An institutional investor recently raised its position in LiveWire Group stock. Barclays PLC lifted its stake in shares of LiveWire Group, Inc. (NYSE:LVWR) by 289.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,210 shares of the company’s stock after acquiring an additional 19,474 shares during the quarter. Barclays PLC’s holdings in LiveWire Group were worth $159,000 as of its most recent filing with the Securities and Exchange Commission. 0.88% of the stock is currently owned by hedge funds and other institutional investors.

LiveWire Group Company Profile

LiveWire Group, Inc manufactures electric motorcycles in the United States and internationally. It operates in two segments Electric Motorcycles and STACYC. The company designs and sells electric motorcycles and parts, accessories, and apparel; and electric balance bikes for kids. It serves wholesalers, independent dealers, retailers, and through online.