Linonia Partnership LP Buys 1,086,337 Shares of Liberty Live Group (NASDAQ:LLYVA)

Linonia Partnership LP grew its stake in Liberty Live Group (NASDAQ:LLYVA) by 91.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,278,633 shares of the company’s stock after buying an additional 1,086,337 shares during the quarter. Liberty Live Group accounts for about 6.8% of Linonia Partnership LP’s portfolio, making the stock its 7th largest holding. Linonia Partnership LP owned about 2.48% of Liberty Live Group worth $85,472,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in Liberty Live Group by 2.3% during the first quarter. Vanguard Group Inc. now owns 2,040,447 shares of the company’s stock valued at $86,413,000 after buying an additional 45,325 shares during the period. Point72 Asset Management L.P. grew its position in shares of Liberty Live Group by 13.4% during the 2nd quarter. Point72 Asset Management L.P. now owns 1,524,516 shares of the company’s stock valued at $57,185,000 after acquiring an additional 180,017 shares during the period. Alberta Investment Management Corp increased its stake in shares of Liberty Live Group by 10.1% in the 4th quarter. Alberta Investment Management Corp now owns 764,951 shares of the company’s stock valued at $27,959,000 after purchasing an additional 70,000 shares in the last quarter. Virtu Financial LLC increased its stake in shares of Liberty Live Group by 65.4% in the 1st quarter. Virtu Financial LLC now owns 215,831 shares of the company’s stock valued at $9,140,000 after purchasing an additional 85,350 shares in the last quarter. Finally, Bank of Montreal Can raised its holdings in Liberty Live Group by 1,481.7% in the 2nd quarter. Bank of Montreal Can now owns 136,062 shares of the company’s stock worth $5,108,000 after purchasing an additional 127,460 shares during the period. Hedge funds and other institutional investors own 25.07% of the company’s stock.

Insider Activity

In other Liberty Live Group news, insider Renee L. Wilm sold 19,202 shares of the stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $78.78, for a total transaction of $1,512,733.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Andrea L. Wong sold 1,604 shares of the firm’s stock in a transaction dated 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 directly owns 5,274 shares of the company’s stock, valued at $250,040.34. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Renee L. Wilm sold 19,202 shares of the company’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $78.78, for a total transaction of $1,512,733.56. The disclosure for this sale can be found here. Insiders have sold a total of 30,817 shares of company stock worth $2,327,591 over the last 90 days.

Liberty Live Group Price Performance

Shares of LLYVA opened at $48.72 on Friday. Liberty Live Group has a 12 month low of $29.48 and a 12 month high of $49.16. The stock’s 50 day moving average is $39.05 and its two-hundred day moving average is $38.34.

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

Liberty Live Group Company 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.