LiveWire Group, Inc. (NYSE:LVWR) CEO Karim Donnez Sells 2,795 Shares of Stock

LiveWire Group, Inc. (NYSE:LVWR) CEO Karim Donnez sold 2,795 shares of LiveWire Group stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $6.00, for a total value of $16,770.00. Following the transaction, the chief executive officer now owns 453,977 shares of the company’s stock, valued at $2,723,862. The trade was a 0.61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Karim Donnez also recently made the following trade(s):

• On Wednesday, November 27th, Karim Donnez sold 9,202 shares of LiveWire Group stock. The stock was sold at an average price of $6.05, for a total value of $55,672.10.

LiveWire Group Trading Down 2.5 %

Shares of LVWR stock opened at $5.85 on Tuesday. LiveWire Group, Inc. has a twelve month low of $5.20 and a twelve month high of $12.04. The stock has a market cap of $1.19 billion, a P/E ratio of -11.47 and a beta of 0.95. The stock has a 50 day moving average of $6.16 and a 200 day moving average of $6.65.

LiveWire Group (NYSE:LVWR) last posted its earnings results on Thursday, October 24th. The company reported ($0.11) earnings per share for the quarter. LiveWire Group had a negative net margin of 336.65% and a negative return on equity of 60.75%. The firm had revenue of $4.45 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in LiveWire Group stock. Barclays PLC lifted its holdings in LiveWire Group, Inc. (NYSE:LVWR) by 289.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,210 shares of the company’s stock after purchasing an additional 19,474 shares during the period. Barclays PLC’s holdings in LiveWire Group were worth $159,000 as of its most recent filing with the Securities & Exchange Commission. 0.88% of the stock is currently owned by hedge funds and other institutional investors.

About LiveWire Group

LiveWire Group, Inc manufactures electric motorcycles in the United States and internationally. It operates in two segments Electric Motorcycles and STACYC. The company designs and sells electric motorcycles and parts, accessories, and apparel; and electric balance bikes for kids. It serves wholesalers, independent dealers, retailers, and through online.