Point72 DIFC Ltd Makes New Investment in Liberty Live Group (NASDAQ:LLYVK)

Point72 DIFC Ltd purchased a new position in Liberty Live Group (NASDAQ:LLYVK) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 4,114 shares of the company’s stock, valued at approximately $157,000.

A number of other hedge funds also recently bought and sold shares of LLYVK. Quarry LP purchased a new stake in Liberty Live Group during the 2nd quarter valued at $28,000. Lighthouse Investment Partners LLC raised its stake in Liberty Live Group by 33.3% during the 2nd quarter. Lighthouse Investment Partners LLC now owns 170,032 shares of the company’s stock valued at $6,507,000 after buying an additional 42,457 shares during the last quarter. Linonia Partnership LP lifted its holdings in Liberty Live Group by 170.1% in the second quarter. Linonia Partnership LP now owns 5,314,824 shares of the company’s stock valued at $203,398,000 after acquiring an additional 3,346,783 shares during the period. Millennium Management LLC grew its stake in shares of Liberty Live Group by 221.5% during the 2nd quarter. Millennium Management LLC now owns 362,474 shares of the company’s stock valued at $13,872,000 after purchasing an additional 249,746 shares during the period. Finally, D. E. Shaw & Co. Inc. increased its position in shares of Liberty Live Group by 7.9% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,404,019 shares of the company’s stock valued at $53,732,000 after purchasing an additional 102,967 shares during the last quarter. Institutional investors own 60.36% of the company’s stock.

Liberty Live Group Price Performance

Shares of LLYVK stock opened at $51.57 on Wednesday. Liberty Live Group has a 1 year low of $30.00 and a 1 year high of $52.10. The firm has a fifty day moving average price of $40.69 and a 200-day moving average price of $39.67.

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

Insider Activity at Liberty Live Group

In related news, insider Renee L. Wilm sold 19,202 shares of the firm’s stock in a transaction on Friday, September 20th. The shares were 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 Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Renee L. Wilm sold 19,202 shares of the company’s 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 SEC, which can be accessed through the SEC website. Also, CAO Brian J. Wendling sold 10,011 shares of the business’s stock in a transaction 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. In the last 90 days, insiders have sold 30,817 shares of company stock valued at $2,327,591.

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.