Alberta Investment Management Corp Reduces Stock Holdings in Liberty Live Group (NASDAQ:LLYVK)

Alberta Investment Management Corp trimmed its holdings in shares of Liberty Live Group (NASDAQ:LLYVK) by 50.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 250,330 shares of the company’s stock after selling 250,391 shares during the quarter. Alberta Investment Management Corp owned 0.27% of Liberty Live Group worth $17,037,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. grew its stake in Liberty Live Group by 1,000.0% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 583 shares of the company’s stock worth $30,000 after buying an additional 530 shares during the last quarter. Franklin Resources Inc. lifted its position in Liberty Live Group by 900.0% during the 3rd quarter. Franklin Resources Inc. now owns 1,020 shares of the company’s stock worth $56,000 after acquiring an additional 918 shares during the period. KBC Group NV lifted its position in Liberty Live Group by 26.8% during the 3rd quarter. KBC Group NV now owns 2,170 shares of the company’s stock worth $111,000 after acquiring an additional 458 shares during the period. Simon Quick Advisors LLC acquired a new stake in Liberty Live Group during the 4th quarter worth about $210,000. Finally, Miracle Mile Advisors LLC acquired a new stake in Liberty Live Group during the 4th quarter worth about $211,000. 60.36% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Live Group Stock Down 0.0 %

Shares of LLYVK opened at $80.33 on Wednesday. The stock has a 50-day moving average of $71.55 and a two-hundred day moving average of $59.33. Liberty Live Group has a one year low of $33.50 and a one year high of $80.90.

Insiders Place Their Bets

In other news, CEO Gregory B. Maffei sold 35,463 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $71.53, for a total value of $2,536,668.39. Following the completion of the transaction, the chief executive officer now owns 1,240,785 shares of the company’s stock, valued at $88,753,351.05. The trade was a 2.78 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Brian J. Wendling sold 1,094 shares of the business’s stock in a transaction dated 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 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.