Liberty Live Group (NASDAQ:LLYVA) Sees Strong Trading Volume – Time to Buy?

Liberty Live Group (NASDAQ:LLYVA) saw strong 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 Trading Down 0.1 %

The firm’s fifty day moving average is $66.92 and its two-hundred day moving average is $50.86.

Insider Transactions at Liberty Live Group

In other news, CEO Gregory B. Maffei sold 35,463 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $71.53, for a total transaction of $2,536,668.39. Following the completion of the sale, the chief executive officer now owns 1,240,785 shares in the company, valued at $88,753,351.05. This trade represents a 2.78 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Brian J. Wendling sold 1,094 shares of Liberty Live Group stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $69.57, for a total transaction of $76,109.58. The disclosure for this sale can be found here.

Institutional Trading of Liberty Live Group

A number of large investors have recently bought and sold shares of LLYVA. Hsbc Holdings PLC purchased a new position in shares of Liberty Live Group during the 2nd quarter valued at $2,484,000. Orion Portfolio Solutions LLC bought a new stake in Liberty Live Group in the 3rd quarter valued at about $795,000. Susquehanna International Group LLP lifted its holdings in Liberty Live Group by 22.2% during the second quarter. Susquehanna International Group LLP now owns 169,186 shares of the company’s stock valued at $6,346,000 after purchasing an additional 30,775 shares during the last quarter. Barclays PLC lifted its holdings in Liberty Live Group by 21.5% during the third quarter. Barclays PLC now owns 24,532 shares of the company’s stock valued at $1,214,000 after purchasing an additional 4,335 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in Liberty Live Group during the second quarter worth about $560,000. 25.07% of the stock is owned by hedge funds and other institutional investors.

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.