Insider Buying: Liberty Live Group (NASDAQ:LLYVK) Major Shareholder Buys $5,754,316.48 in Stock

Posted by John. R. Edwardson on Mar 28th, 2024

Liberty Live Group (NASDAQ:LLYVK – Get Free Report) major shareholder Berkshire Hathaway Inc bought 199,664 shares of the business’s stock in a transaction dated Monday, March 25th. The stock was acquired at an average cost of $28.82 per share, for a total transaction of $5,754,316.48. Following the completion of the acquisition, the insider now directly owns 57,886,716 shares in the company, valued at $1,668,295,155.12. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Berkshire Hathaway Inc also recently made the following trade(s):

On Thursday, March 21st, Berkshire Hathaway Inc acquired 333,916 shares of Liberty Live Group stock. The stock was purchased at an average price of $28.92 per share, for a total transaction of $9,656,850.72.
On Monday, March 11th, Berkshire Hathaway Inc acquired 20,609 shares of Liberty Live Group stock. The stock was purchased at an average price of $29.94 per share, for a total transaction of $617,033.46.
On Friday, March 8th, Berkshire Hathaway Inc acquired 521,804 shares of Liberty Live Group stock. The stock was purchased at an average price of $29.86 per share, for a total transaction of $15,581,067.44.
On Wednesday, March 6th, Berkshire Hathaway Inc acquired 1,188,000 shares of Liberty Live Group stock. The stock was purchased at an average price of $29.39 per share, for a total transaction of $34,915,320.00.
On Monday, March 4th, Berkshire Hathaway Inc acquired 234,194 shares of Liberty Live Group stock. The stock was purchased at an average price of $28.77 per share, for a total transaction of $6,737,761.38.
On Thursday, February 1st, Berkshire Hathaway Inc acquired 175,827 shares of Liberty Live Group stock. The stock was purchased at an average price of $30.70 per share, for a total transaction of $5,397,888.90.
On Tuesday, January 30th, Berkshire Hathaway Inc acquired 495,739 shares of Liberty Live Group stock. The stock was purchased at an average price of $30.12 per share, for a total transaction of $14,931,658.68.
On Thursday, January 25th, Berkshire Hathaway Inc bought 139,132 shares of Liberty Live Group stock. The shares were bought at an average price of $30.99 per share, for a total transaction of $4,311,700.68.
On Tuesday, January 23rd, Berkshire Hathaway Inc bought 650,224 shares of Liberty Live Group stock. The shares were bought at an average price of $30.96 per share, for a total transaction of $20,130,935.04.
On Tuesday, January 16th, Berkshire Hathaway Inc bought 543,977 shares of Liberty Live Group stock. The shares were bought at an average price of $30.43 per share, for a total transaction of $16,553,220.11.

Liberty Live Group Stock Performance

Shares of NASDAQ LLYVK opened at $43.69 on Thursday. Liberty Live Group has a one year low of $29.63 and a one year high of $43.87. The company’s fifty day moving average is $38.57 and its two-hundred day moving average is $35.56.

Institutional Investors Weigh In On Liberty Live Group

Several institutional investors have recently made changes to their positions in the stock. Dougherty Wealth Advisers LLC purchased a new stake in shares of Liberty Live Group in the 3rd quarter worth about $25,000. Balentine LLC purchased a new stake in shares of Liberty Live Group in the 3rd quarter worth about $35,000. Ardevora Asset Management LLP purchased a new stake in shares of Liberty Live Group in the 3rd quarter worth about $38,000. Glenmede Trust Co. NA purchased a new stake in shares of Liberty Live Group in the 3rd quarter worth about $39,000. Finally, PNC Financial Services Group Inc. purchased a new stake in shares of Liberty Live Group in the 3rd quarter worth about $41,000. 60.36% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Live Group Company Profile

(Get Free Report)

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.