Liberty Live Group (NASDAQ:LLYVA) Shares Gap Down to $39.57

Liberty Live Group (NASDAQ:LLYVA)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $39.57, but opened at $38.00. Liberty Live Group shares last traded at $36.74, with a volume of 31,344 shares traded.

Liberty Live Group Trading Down 8.5 %

The stock’s fifty day moving average price is $39.04 and its two-hundred day moving average price is $35.74.

Insider Buying and Selling

In other Liberty Live Group news, major shareholder Berkshire Hathaway Inc purchased 139,132 shares of the firm’s stock in a transaction on Thursday, January 25th. The stock was purchased at an average cost of $30.99 per share, for a total transaction of $4,311,700.68. Following the transaction, the insider now owns 47,471,419 shares in the company, valued at approximately $1,471,139,274.81. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders purchased a total of 7,264,095 shares of company stock worth $207,506,924 in the last three months.

Hedge Funds Weigh In On Liberty Live Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new position in Liberty Live Group during the third quarter worth $25,000. Quent Capital LLC bought a new position in Liberty Live Group during the fourth quarter worth $27,000. Signaturefd LLC bought a new position in Liberty Live Group during the third quarter worth $29,000. Ancora Advisors LLC bought a new position in Liberty Live Group during the third quarter worth $29,000. Finally, Comerica Bank bought a new position in Liberty Live Group during the third quarter worth $29,000. 25.07% of the stock is currently owned by institutional investors and hedge funds.

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.