Liberty Live Group (NASDAQ:LLYVK) Shares Sold by Point72 Asset Management L.P.

Point72 Asset Management L.P. trimmed its stake in shares of Liberty Live Group (NASDAQ:LLYVK) by 99.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 360,663 shares of the company’s stock after selling 40,464,024 shares during the period. Point72 Asset Management L.P. owned about 0.39% of Liberty Live Group worth $13,803,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of LLYVK. Quarry LP purchased a new position in Liberty Live Group during the 2nd quarter valued at about $28,000. Beach Investment Counsel Inc. PA purchased a new position in shares of Liberty Live Group during the 2nd quarter worth approximately $30,000. Whittier Trust Co. raised its position in shares of Liberty Live Group by 1,359.3% during the 2nd quarter. Whittier Trust Co. now owns 861 shares of the company’s stock worth $33,000 after purchasing an additional 802 shares during the last quarter. Daiwa Securities Group Inc. purchased a new stake in Liberty Live Group in the 2nd quarter valued at approximately $39,000. Finally, Mango Investments LLC acquired a new stake in Liberty Live Group during the 4th quarter valued at $100,000. Hedge funds and other institutional investors own 60.36% of the company’s stock.

Insider Activity

In other news, insider Renee L. Wilm sold 19,202 shares of the firm’s stock in a transaction 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 transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, insider Renee L. Wilm sold 19,202 shares of the 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Brian J. Wendling sold 10,011 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $73.80, for a total transaction of $738,811.80. The disclosure for this sale can be found here. Insiders sold a total of 30,817 shares of company stock valued at $2,327,591 over the last 90 days.

Liberty Live Group Price Performance

NASDAQ LLYVK opened at $51.33 on Tuesday. Liberty Live Group has a fifty-two week low of $30.00 and a fifty-two week high of $51.45. The business has a fifty day moving average of $40.44 and a 200-day moving average of $39.60.

Liberty Live Group (NASDAQ:LLYVK) last announced its earnings results on Thursday, August 8th. The company reported $1.46 earnings per share 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.