State Street Corp Decreases Stake in Liberty Live Group (NASDAQ:LLYVA)

State Street Corp decreased its stake in shares of Liberty Live Group (NASDAQ:LLYVA) by 2.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 362,658 shares of the company’s stock after selling 7,950 shares during the quarter. State Street Corp owned about 0.40% of Liberty Live Group worth $17,955,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp increased its position in shares of Liberty Live Group by 13.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 52,637 shares of the company’s stock worth $1,974,000 after purchasing an additional 6,162 shares during the last quarter. Whittier Trust Co. raised its stake in shares of Liberty Live Group by 6,756.5% in the second quarter. Whittier Trust Co. now owns 1,577 shares of the company’s stock valued at $59,000 after acquiring an additional 1,554 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Liberty Live Group by 21.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,417 shares of the company’s stock valued at $466,000 after buying an additional 2,230 shares during the period. MUFG Securities EMEA plc purchased a new position in Liberty Live Group in the second quarter worth approximately $1,185,000. Finally, State of New Jersey Common Pension Fund D purchased a new stake in shares of Liberty Live Group during the 2nd quarter worth $1,909,000. Institutional investors and hedge funds own 25.07% of the company’s stock.

Liberty Live Group Price Performance

Liberty Live Group stock opened at $67.84 on Tuesday. The stock has a 50-day simple moving average of $63.66 and a 200-day simple moving average of $47.96. Liberty Live Group has a fifty-two week low of $32.54 and a fifty-two week high of $72.88.

Insider Activity

In other Liberty Live Group news, CAO Brian J. Wendling sold 1,094 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $69.57, for a total value of $76,109.58. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Gregory B. Maffei sold 35,463 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $71.53, for a total value of $2,536,668.39. Following the sale, the chief executive officer now owns 1,240,785 shares in the company, valued at $88,753,351.05. This trade represents a 2.78 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 38,161 shares of company stock valued at $2,688,824.

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.