Empirical Asset Management LLC Makes New Investment in Liberty Live Group (NASDAQ:LLYVA)

Empirical Asset Management LLC purchased a new position in shares of Liberty Live Group (NASDAQ:LLYVA) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 45,217 shares of the company’s stock, valued at approximately $3,010,000.

Several other hedge funds also recently made changes to their positions in LLYVA. Point72 DIFC Ltd bought a new position in shares of Liberty Live Group during the third quarter valued at approximately $77,000. Quantinno Capital Management LP bought a new stake in shares of Liberty Live Group during the third quarter valued at about $222,000. XTX Topco Ltd lifted its stake in shares of Liberty Live Group by 28.4% in the 2nd quarter. XTX Topco Ltd now owns 7,113 shares of the company’s stock worth $267,000 after acquiring an additional 1,574 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in Liberty Live Group in the second quarter worth approximately $560,000. Finally, Canada Pension Plan Investment Board boosted its stake in Liberty Live Group by 27.4% during the second quarter. Canada Pension Plan Investment Board now owns 19,075 shares of the company’s stock valued at $716,000 after buying an additional 4,100 shares in the last quarter. Institutional investors and hedge funds own 25.07% of the company’s stock.

Insider Activity

In related news, CAO Brian J. Wendling sold 1,094 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $69.57, for a total value of $76,109.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gregory B. Maffei sold 35,463 shares of Liberty Live Group stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $71.53, for a total transaction of $2,536,668.39. Following the sale, the chief executive officer now owns 1,240,785 shares in the company, valued at approximately $88,753,351.05. This trade represents a 2.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here.

Liberty Live Group Price Performance

LLYVA stock opened at $68.23 on Friday. Liberty Live Group has a 12 month low of $32.54 and a 12 month high of $72.88. The firm has a 50 day simple moving average of $67.72 and a 200 day simple moving average of $51.92.

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.