MAI Capital Management Sells 163,420 Shares of Liberty Live Group (NASDAQ:LLYVK)

MAI Capital Management decreased its stake in shares of Liberty Live Group (NASDAQ:LLYVK) by 89.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,577 shares of the company’s stock after selling 163,420 shares during the quarter. MAI Capital Management’s holdings in Liberty Live Group were worth $1,005,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Quarry LP purchased a new position in Liberty Live Group in the second quarter worth $28,000. Beach Investment Counsel Inc. PA acquired a new stake in Liberty Live Group in the second quarter worth about $30,000. Whittier Trust Co. grew its stake in shares of Liberty Live Group by 1,359.3% during the second quarter. Whittier Trust Co. now owns 861 shares of the company’s stock worth $33,000 after acquiring an additional 802 shares during the last quarter. Daiwa Securities Group Inc. acquired a new position in shares of Liberty Live Group during the second quarter valued at about $39,000. Finally, Hahn Capital Management LLC raised its position in shares of Liberty Live Group by 33.6% in the 2nd quarter. Hahn Capital Management LLC now owns 2,908 shares of the company’s stock valued at $111,000 after purchasing an additional 732 shares during the last quarter. Hedge funds and other institutional investors own 60.36% of the company’s stock.

Liberty Live Group Stock Performance

Shares of Liberty Live Group stock opened at $71.31 on Friday. Liberty Live Group has a 12-month low of $32.49 and a 12-month high of $71.67. The firm’s 50 day simple moving average is $55.37 and its two-hundred day simple moving average is $44.32.

Insider Buying and Selling

In other news, CAO Brian J. Wendling sold 10,011 shares of the company’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $73.80, for a total value of $738,811.80. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Andrea L. Wong sold 1,604 shares of Liberty Live Group stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $47.41, for a total value of $76,045.64. Following the transaction, the director now owns 5,274 shares of the company’s stock, valued at approximately $250,040.34. This represents a 23.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 30,817 shares of company stock worth $2,327,591 in the last 90 days.

About Liberty Live Group

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.