Principal Financial Group Inc. Sells 2,915 Shares of Liberty Live Group (NASDAQ:LLYVK)

Principal Financial Group Inc. lowered its stake in shares of Liberty Live Group (NASDAQ:LLYVK) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 191,627 shares of the company’s stock after selling 2,915 shares during the period. Principal Financial Group Inc.’s holdings in Liberty Live Group were worth $7,334,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Liberty Live Group by 7.1% during the fourth quarter. Vanguard Group Inc. now owns 4,731,716 shares of the company’s stock valued at $176,919,000 after buying an additional 314,161 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Liberty Live Group by 984.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,392,915 shares of the company’s stock worth $52,081,000 after purchasing an additional 1,264,486 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Liberty Live Group by 5.9% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,028,291 shares of the company’s stock valued at $39,353,000 after purchasing an additional 57,608 shares in the last quarter. Bamco Inc. NY boosted its position in shares of Liberty Live Group by 5.6% during the first quarter. Bamco Inc. NY now owns 943,458 shares of the company’s stock valued at $41,342,000 after buying an additional 50,000 shares during the last quarter. Finally, Highbridge Capital Management LLC raised its position in Liberty Live Group by 7.9% in the 4th quarter. Highbridge Capital Management LLC now owns 739,839 shares of the company’s stock valued at $27,663,000 after buying an additional 54,263 shares during the last quarter. Institutional investors own 60.36% of the company’s stock.

Liberty Live Group Stock Performance

Shares of NASDAQ:LLYVK opened at $38.58 on Monday. Liberty Live Group has a 1-year low of $30.00 and a 1-year high of $44.16. The stock’s fifty day simple moving average is $38.68 and its two-hundred day simple moving average is $39.11.

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

Insiders Place Their Bets

In related news, major shareholder Berkshire Hathaway Inc sold 52,911 shares of Liberty Live Group stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $34.06, for a total transaction of $1,802,148.66. Following the sale, the insider now directly owns 4,999,007 shares in the company, valued at $170,266,178.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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.