Insider Selling: Liberty Live Group (NASDAQ:LLYVA) Director Sells 100,000 Shares of Stock

Liberty Live Group (NASDAQ:LLYVA) Director Chase Carey sold 100,000 shares of the firm’s stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $96.38, for a total value of $9,638,000.00. Following the completion of the transaction, the director now owns 93,102 shares of the company’s stock, valued at approximately $8,973,170.76. This represents a 51.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Liberty Live Group Stock Down 1.1%

Shares of NASDAQ LLYVA opened at $75.86 on Thursday. Liberty Live Group has a 52 week low of $32.55 and a 52 week high of $79.63. The business has a 50-day simple moving average of $68.04 and a two-hundred day simple moving average of $68.49. The company has a market cap of $6.97 billion, a P/E ratio of 280.96 and a beta of 1.51.

Liberty Live Group (NASDAQ:LLYVA) last released its quarterly earnings results on Wednesday, May 7th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.22).

Institutional Trading of Liberty Live Group

Several institutional investors and hedge funds have recently modified their holdings of LLYVA. Barclays PLC raised its holdings in shares of Liberty Live Group by 21.5% in the 3rd quarter. Barclays PLC now owns 24,532 shares of the company’s stock valued at $1,214,000 after acquiring an additional 4,335 shares in the last quarter. Empirical Asset Management LLC purchased a new stake in shares of Liberty Live Group in the 4th quarter valued at about $3,010,000. HB Wealth Management LLC purchased a new stake in shares of Liberty Live Group in the 4th quarter valued at about $244,000. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Liberty Live Group by 39,550.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 3,172 shares of the company’s stock valued at $211,000 after acquiring an additional 3,164 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of Liberty Live Group in the 4th quarter valued at about $1,336,000. Hedge funds and other institutional investors own 25.07% of the company’s stock.

About Liberty Live Group

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.