Liberty Live Group (NASDAQ:LLYVA) Chairman Sells $6,344,244.03 in Stock

Liberty Live Group (NASDAQ:LLYVA) Chairman John C. Malone sold 89,951 shares of the company’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of $70.53, for a total value of $6,344,244.03. Following the completion of the transaction, the chairman now directly owns 2,540,430 shares in the company, valued at approximately $179,176,527.90. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Liberty Live Group Price Performance

Shares of LLYVA opened at $38.43 on Friday. The firm has a fifty day moving average price of $39.14 and a 200-day moving average price of $36.61. Liberty Live Group has a 12-month low of $29.48 and a 12-month high of $43.24.

Institutional Investors Weigh In On Liberty Live Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. swisspartners Advisors Ltd grew its stake in Liberty Live Group by 1.1% in the 1st quarter. swisspartners Advisors Ltd now owns 40,729 shares of the company’s stock worth $1,725,000 after acquiring an additional 453 shares in the last quarter. Camelot Portfolios LLC boosted its holdings in shares of Liberty Live Group by 4.5% in the fourth quarter. Camelot Portfolios LLC now owns 11,997 shares of the company’s stock valued at $438,000 after purchasing an additional 522 shares during the period. DAVENPORT & Co LLC grew its stake in Liberty Live Group by 1.7% in the fourth quarter. DAVENPORT & Co LLC now owns 36,670 shares of the company’s stock worth $1,340,000 after purchasing an additional 600 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Liberty Live Group by 6.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,366 shares of the company’s stock worth $482,000 after purchasing an additional 647 shares during the period. Finally, Quent Capital LLC purchased a new position in Liberty Live Group during the 4th quarter worth $27,000. Institutional investors own 25.07% of the company’s stock.

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.