Barclays PLC Has $159,000 Stake in LiveWire Group, Inc. (NYSE:LVWR)

Barclays PLC grew its stake in LiveWire Group, Inc. (NYSE:LVWR) by 289.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,210 shares of the company’s stock after purchasing an additional 19,474 shares during the period. Barclays PLC’s holdings in LiveWire Group were worth $159,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Bank of New York Mellon Corp boosted its position in LiveWire Group by 3.3% in the second quarter. Bank of New York Mellon Corp now owns 47,209 shares of the company’s stock valued at $362,000 after buying an additional 1,530 shares in the last quarter. Institutional investors and hedge funds own 0.88% of the company’s stock.

LiveWire Group Stock Performance

NYSE LVWR opened at $4.88 on Wednesday. The firm’s fifty day moving average price is $5.72 and its two-hundred day moving average price is $6.35. The stock has a market cap of $991.86 million, a PE ratio of -9.57 and a beta of 1.00. LiveWire Group, Inc. has a fifty-two week low of $4.35 and a fifty-two week high of $11.77.

LiveWire Group (NYSE:LVWR) last issued its quarterly earnings data on Thursday, October 24th. The company reported ($0.11) earnings per share for the quarter. The firm had revenue of $4.45 million for the quarter. LiveWire Group had a negative return on equity of 60.75% and a negative net margin of 336.65%.

Insider Transactions at LiveWire Group

In other news, CEO Karim Donnez sold 9,202 shares of LiveWire Group stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $6.05, for a total transaction of $55,672.10. Following the transaction, the chief executive officer now owns 456,772 shares in the company, valued at approximately $2,763,470.60. The trade was a 1.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders have sold 12,729 shares of company stock worth $76,841. Insiders own 1.92% of the company’s stock.

LiveWire Group Profile

LiveWire Group, Inc manufactures electric motorcycles in the United States and internationally. It operates in two segments Electric Motorcycles and STACYC. The company designs and sells electric motorcycles and parts, accessories, and apparel; and electric balance bikes for kids. It serves wholesalers, independent dealers, retailers, and through online.