Miracle Mile Advisors LLC Takes Position in Liberty Live Group (NASDAQ:LLYVK)

Miracle Mile Advisors LLC acquired a new position in shares of Liberty Live Group (NASDAQ:LLYVK) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,097 shares of the company’s stock, valued at approximately $211,000.

Several other institutional investors have also recently bought and sold shares of the business. Linonia Partnership LP increased its holdings in shares of Liberty Live Group by 170.1% during the second quarter. Linonia Partnership LP now owns 5,314,824 shares of the company’s stock worth $203,398,000 after buying an additional 3,346,783 shares in the last quarter. ValueAct Holdings L.P. acquired a new position in Liberty Live Group in the 3rd quarter worth about $68,654,000. Troluce Capital Advisors LLC increased its holdings in Liberty Live Group by 39.3% in the 2nd quarter. Troluce Capital Advisors LLC now owns 1,305,000 shares of the company’s stock worth $49,942,000 after purchasing an additional 367,900 shares in the last quarter. Millennium Management LLC raised its position in Liberty Live Group by 221.5% in the second quarter. Millennium Management LLC now owns 362,474 shares of the company’s stock valued at $13,872,000 after purchasing an additional 249,746 shares during the last quarter. Finally, Bamco Inc. NY boosted its stake in shares of Liberty Live Group by 23.4% during the third quarter. Bamco Inc. NY now owns 1,167,019 shares of the company’s stock valued at $59,903,000 after purchasing an additional 221,666 shares in the last quarter. Institutional investors and hedge funds own 60.36% of the company’s stock.

Insiders Place Their Bets

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

Liberty Live Group Stock Up 1.1 %

Liberty Live Group stock opened at $69.82 on Friday. The business has a 50 day moving average of $69.12 and a 200-day moving average of $53.10. Liberty Live Group has a 1 year low of $33.50 and a 1 year high of $73.89.

Liberty Live Group 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.