D. E. Shaw & Co. Inc. Raises Stake in Liberty Live Group (NASDAQ:LLYVK)

D. E. Shaw & Co. Inc. raised its stake in shares of Liberty Live Group (NASDAQ:LLYVK) by 7.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,404,019 shares of the company’s stock after buying an additional 102,967 shares during the quarter. D. E. Shaw & Co. Inc.’s holdings in Liberty Live Group were worth $53,732,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Troluce Capital Advisors LLC grew its position in shares of Liberty Live Group by 39.3% during the 2nd quarter. Troluce Capital Advisors LLC now owns 1,305,000 shares of the company’s stock valued at $49,942,000 after purchasing an additional 367,900 shares in the last quarter. Cubist Systematic Strategies LLC grew its position in Liberty Live Group by 85.4% during the second quarter. Cubist Systematic Strategies LLC now owns 43,928 shares of the company’s stock worth $1,681,000 after buying an additional 20,228 shares in the last quarter. Point72 DIFC Ltd purchased a new position in Liberty Live Group during the second quarter worth about $157,000. Bank of Montreal Can increased its stake in Liberty Live Group by 7,201.9% in the 2nd quarter. Bank of Montreal Can now owns 23,512 shares of the company’s stock worth $901,000 after acquiring an additional 23,190 shares during the last quarter. Finally, Canada Pension Plan Investment Board raised its holdings in shares of Liberty Live Group by 4.4% in the 2nd quarter. Canada Pension Plan Investment Board now owns 46,998 shares of the company’s stock valued at $1,799,000 after acquiring an additional 2,000 shares in the last quarter. 60.36% of the stock is currently owned by institutional investors.

Liberty Live Group Trading Down 0.6 %

Shares of LLYVK opened at $50.09 on Friday. The stock has a 50-day moving average price of $40.18 and a 200-day moving average price of $39.54. Liberty Live Group has a 12-month low of $30.00 and a 12-month high of $50.86.

Liberty Live Group (NASDAQ:LLYVK) last released its quarterly earnings results on Thursday, August 8th. The company reported $1.46 EPS for the quarter.

Insider Buying and Selling

In other news, Director Andrea L. Wong sold 1,604 shares of the stock in a transaction dated Wednesday, September 25th. The stock was sold at an average price of $47.41, for a total transaction of $76,045.64. Following the transaction, the director now directly owns 5,274 shares in the company, valued at approximately $250,040.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CAO Brian J. Wendling sold 10,011 shares of the stock in a transaction on Friday, September 20th. The shares were sold at an average price of $73.80, for a total transaction of $738,811.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 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 transaction of $76,045.64. Following the completion of the sale, the director now directly owns 5,274 shares of the company’s stock, valued at $250,040.34. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 30,817 shares of company stock worth $2,327,591.

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.