Principal Financial Group Inc. Sells 2,558 Shares of Liberty Live Group (NASDAQ:LLYVK)

Principal Financial Group Inc. lowered its stake in shares of Liberty Live Group (NASDAQ:LLYVK) by 1.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 189,069 shares of the company’s stock after selling 2,558 shares during the period. Principal Financial Group Inc. owned 0.21% of Liberty Live Group worth $9,705,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Pinnacle Associates Ltd. increased its position in shares of Liberty Live Group by 2.4% during the 3rd quarter. Pinnacle Associates Ltd. now owns 11,438 shares of the company’s stock valued at $587,000 after purchasing an additional 272 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in Liberty Live Group by 5.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,082,764 shares of the company’s stock valued at $55,578,000 after purchasing an additional 54,473 shares during the last quarter. Point72 DIFC Ltd purchased a new stake in Liberty Live Group in the 2nd quarter worth approximately $157,000. Quarry LP bought a new stake in shares of Liberty Live Group in the 2nd quarter worth approximately $28,000. Finally, Lighthouse Investment Partners LLC increased its position 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 purchasing an additional 42,457 shares during the period. 60.36% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Liberty Live Group news, CAO Brian J. Wendling sold 10,011 shares of Liberty Live Group 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Andrea L. Wong sold 1,604 shares of the business’s stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $47.41, for a total value of $76,045.64. Following the completion of the sale, the director now directly owns 5,274 shares in the company, valued at $250,040.34. This trade represents a 23.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 30,817 shares of company stock worth $2,327,591 over the last three months.

Liberty Live Group Stock Up 3.4 %

NASDAQ:LLYVK opened at $67.07 on Tuesday. The company has a 50-day moving average price of $53.60 and a 200-day moving average price of $43.76. Liberty Live Group has a 12 month low of $32.49 and a 12 month high of $69.07.

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.