Liberty Live Group (NASDAQ:LLYVK) Major Shareholder Acquires $10,570,346.66 in Stock

Posted by admin on Apr 13th, 2024

Liberty Live Group (NASDAQ:LLYVK – Get Free Report) major shareholder Berkshire Hathaway Inc bought 413,227 shares of the company’s stock in a transaction dated Friday, April 12th. The stock was purchased at an average cost of $25.58 per share, for a total transaction of $10,570,346.66. Following the completion of the acquisition, the insider now owns 69,044,244 shares in the company, valued at approximately $1,766,151,761.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

On Wednesday, April 10th, Berkshire Hathaway Inc bought 513,104 shares of Liberty Live Group stock. The stock was purchased at an average cost of $25.96 per share, for a total transaction of $13,320,179.84.
On Monday, April 8th, Berkshire Hathaway Inc purchased 938,896 shares of Liberty Live Group stock. The stock was bought at an average price of $26.98 per share, for a total transaction of $25,331,414.08.
On Thursday, April 4th, Berkshire Hathaway Inc purchased 1,250,000 shares of Liberty Live Group stock. The stock was bought at an average price of $27.76 per share, for a total transaction of $34,700,000.00.
On Wednesday, March 27th, Berkshire Hathaway Inc purchased 189,759 shares of Liberty Live Group stock. The stock was bought at an average price of $29.25 per share, for a total transaction of $5,550,450.75.
On Monday, March 25th, Berkshire Hathaway Inc bought 199,664 shares of Liberty Live Group stock. The shares were acquired at an average price of $28.82 per share, for a total transaction of $5,754,316.48.
On Thursday, March 21st, Berkshire Hathaway Inc bought 333,916 shares of Liberty Live Group stock. The shares were acquired 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 bought 20,609 shares of Liberty Live Group stock. The shares were acquired at an average price of $29.94 per share, for a total transaction of $617,033.46.
On Friday, March 8th, Berkshire Hathaway Inc bought 521,804 shares of Liberty Live Group stock. The shares were acquired 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 purchased 1,188,000 shares of Liberty Live Group stock. The shares were 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 purchased 234,194 shares of Liberty Live Group stock. The shares were purchased at an average price of $28.77 per share, for a total transaction of $6,737,761.38.

Liberty Live Group Price Performance

NASDAQ:LLYVK traded down $0.84 on Friday, hitting $42.08. The company had a trading volume of 285,994 shares, compared to its average volume of 335,286. The firm has a 50 day moving average of $40.11 and a two-hundred day moving average of $36.44. Liberty Live Group has a 52 week low of $29.63 and a 52 week high of $44.16.

Hedge Funds Weigh In On Liberty Live Group

A number of hedge funds have recently modified their holdings of the business. Berkshire Hathaway Inc acquired a new position in shares of Liberty Live Group during the third quarter worth $357,356,000. Vanguard Group Inc. lifted 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 worth $176,919,000 after purchasing an additional 314,161 shares during the period. JPMorgan Chase & Co. acquired a new position in shares of Liberty Live Group during the third quarter worth $83,905,000. Baupost Group LLC MA acquired a new position in shares of Liberty Live Group during the third quarter worth $61,069,000. Finally, Goldman Sachs Group Inc. lifted its holdings in 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 valued at $52,081,000 after buying an additional 1,264,486 shares during the period. Institutional investors and hedge funds own 60.36% of the company’s stock.

About Liberty Live Group

(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.