Liberty Live Group (NASDAQ:LLYVK) Shares Gap Down to $41.09

Liberty Live Group (NASDAQ:LLYVK)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $41.09, but opened at $39.46. Liberty Live Group shares last traded at $37.99, with a volume of 102,612 shares.

Liberty Live Group Price Performance

The stock has a fifty day moving average price of $40.37 and a two-hundred day moving average price of $36.71.

Insider Activity at Liberty Live Group

In other news, major shareholder Berkshire Hathaway Inc bought 413,227 shares of the firm’s stock in a transaction that occurred on Friday, April 12th. The shares were purchased at an average price of $25.58 per share, for a total transaction of $10,570,346.66. Following the completion of the transaction, the insider now owns 69,044,244 shares in the company, valued at $1,766,151,761.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In the last quarter, insiders bought 7,264,095 shares of company stock valued at $207,506,924.

Institutional Trading of Liberty Live Group

A number of hedge funds have recently added to or reduced their stakes in the business. Dougherty Wealth Advisers LLC purchased a new position in shares of Liberty Live Group during the 3rd quarter worth about $25,000. Balentine LLC acquired a new position in Liberty Live Group during the third quarter worth approximately $35,000. Ardevora Asset Management LLP purchased a new position in Liberty Live Group during the third quarter worth approximately $38,000. Glenmede Trust Co. NA acquired a new position in shares of Liberty Live Group in the 3rd quarter valued at $39,000. Finally, PNC Financial Services Group Inc. purchased a new stake in Liberty Live Group during the third quarter valued at about $41,000. 60.36% of the stock is 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.