Liberty Live Group (NASDAQ:LLYVK) Sets New 1-Year High at $43.88

Liberty Live Group (NASDAQ:LLYVK) hit a new 52-week high during trading on Thursday . The company traded as high as $43.88 and last traded at $43.82, with a volume of 170589 shares changing hands. The stock had previously closed at $43.69.

Liberty Live Group Price Performance

The stock’s 50-day moving average price is $38.73 and its 200 day moving average price is $35.62.

Insider Activity

In other Liberty Live Group news, major shareholder Berkshire Hathaway Inc bought 469,563 shares of Liberty Live Group stock in a transaction dated Friday, January 12th. The stock was acquired at an average cost of $30.40 per share, for a total transaction of $14,274,715.20. Following the completion of the transaction, the insider now directly owns 21,767,997 shares of the company’s stock, valued at $661,747,108.80. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders acquired 4,972,649 shares of company stock worth $148,862,468 over the last three months.

Institutional Investors Weigh In On Liberty Live Group

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Dougherty Wealth Advisers LLC acquired a new stake in shares of Liberty Live Group during the third quarter valued at about $25,000. Balentine LLC purchased a new position in shares of Liberty Live Group in the third quarter valued at approximately $35,000. Quent Capital LLC purchased a new position in shares of Liberty Live Group in the fourth quarter valued at approximately $43,000. Ardevora Asset Management LLP purchased a new position in shares of Liberty Live Group in the third quarter valued at approximately $38,000. Finally, Glenmede Trust Co. NA purchased a new position in shares of Liberty Live Group in the third quarter valued at approximately $39,000. 60.36% 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.