Liberty Live Group (NASDAQ:LLYVK) Hits New 12-Month High – Still a Buy?

Liberty Live Group (NASDAQ:LLYVK)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $59.66 and last traded at $59.39, with a volume of 10332 shares traded. The stock had previously closed at $59.21.

Liberty Live Group Stock Down 1.7 %

The firm’s fifty day moving average price is $47.66 and its 200-day moving average price is $41.46.

Liberty Live Group (NASDAQ:LLYVK) last issued its quarterly earnings results on Thursday, August 8th. The company reported $1.46 earnings per share (EPS) for the quarter.

Insider Buying and Selling at Liberty Live Group

In other Liberty Live Group news, Director Andrea L. Wong sold 1,604 shares of Liberty Live Group stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $47.41, for a total value of $76,045.64. Following the transaction, the director now owns 5,274 shares in the company, valued at approximately $250,040.34. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, Director Andrea L. Wong sold 1,604 shares of the stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $47.41, for a total value of $76,045.64. Following the completion of the transaction, the director now owns 5,274 shares in the company, valued at $250,040.34. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Renee L. Wilm sold 19,202 shares of Liberty Live Group stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $78.78, for a total value of $1,512,733.56. The disclosure for this sale can be found here. In the last three months, insiders sold 30,817 shares of company stock valued at $2,327,591.

Institutional Investors Weigh In On Liberty Live Group

Several hedge funds have recently made changes to their positions in the company. Quarry LP purchased a new stake in Liberty Live Group in the 2nd quarter worth about $28,000. Beach Investment Counsel Inc. PA acquired a new stake in shares of Liberty Live Group during the second quarter worth approximately $30,000. Whittier Trust Co. boosted its holdings in shares of Liberty Live Group by 1,359.3% during the second quarter. Whittier Trust Co. now owns 861 shares of the company’s stock worth $33,000 after purchasing an additional 802 shares during the period. Daiwa Securities Group Inc. purchased a new position in Liberty Live Group during the second quarter valued at approximately $39,000. Finally, Hahn Capital Management LLC increased its stake in Liberty Live Group by 33.6% in the 2nd quarter. Hahn Capital Management LLC now owns 2,908 shares of the company’s stock valued at $111,000 after buying an additional 732 shares during the period. Hedge funds and other institutional investors own 60.36% 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.