Highbridge Capital Management LLC Reduces Position in Liberty Live Group (NASDAQ:LLYVK)

Highbridge Capital Management LLC lowered its position in Liberty Live Group (NASDAQ:LLYVK) by 12.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 776,098 shares of the company’s stock after selling 108,405 shares during the quarter. Highbridge Capital Management LLC owned approximately 0.85% of Liberty Live Group worth $29,701,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Goldman Sachs Group Inc. increased its position in Liberty Live Group by 984.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,392,915 shares of the company’s stock valued at $52,081,000 after acquiring an additional 1,264,486 shares during the period. Norges Bank acquired a new position in shares of Liberty Live Group in the fourth quarter valued at approximately $24,393,000. Weiss Asset Management LP purchased a new stake in shares of Liberty Live Group during the fourth quarter worth approximately $16,717,000. Bank of Nova Scotia acquired a new stake in shares of Liberty Live Group during the fourth quarter worth $12,637,000. Finally, Vanguard Group Inc. lifted its holdings in shares of Liberty Live Group by 7.1% during the fourth quarter. Vanguard Group Inc. now owns 4,731,716 shares of the company’s stock worth $176,919,000 after purchasing an additional 314,161 shares during the period. 60.36% of the stock is owned by institutional investors and hedge funds.

Liberty Live Group Price Performance

Shares of LLYVK opened at $42.57 on Thursday. Liberty Live Group has a 1 year low of $30.00 and a 1 year high of $44.16. The company’s fifty day moving average is $39.10 and its two-hundred day moving average is $39.23.

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.

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.