Horizon Kinetics Asset Management LLC Cuts Stock Position in Liberty Live Group (NASDAQ:LLYVK)

Horizon Kinetics Asset Management LLC cut its holdings in shares of Liberty Live Group (NASDAQ:LLYVK) by 13.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,599 shares of the company’s stock after selling 3,153 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in Liberty Live Group were worth $1,334,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Linonia Partnership LP increased its stake in Liberty Live Group by 7.3% during the third quarter. Linonia Partnership LP now owns 5,703,902 shares of the company’s stock worth $292,781,000 after purchasing an additional 389,078 shares during the period. ValueAct Holdings L.P. purchased a new stake in Liberty Live Group during the third quarter worth about $68,654,000. Bamco Inc. NY increased its stake in Liberty Live Group by 23.4% during the third quarter. Bamco Inc. NY now owns 1,167,019 shares of the company’s stock worth $59,903,000 after purchasing an additional 221,666 shares during the period. State Street Corp increased its stake in Liberty Live Group by 1.6% during the third quarter. State Street Corp now owns 806,143 shares of the company’s stock worth $41,379,000 after purchasing an additional 13,050 shares during the period. Finally, Geode Capital Management LLC increased its stake in Liberty Live Group by 1.6% during the third quarter. Geode Capital Management LLC now owns 800,045 shares of the company’s stock worth $41,078,000 after purchasing an additional 12,224 shares during the period. 60.36% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Live Group Price Performance

Shares of NASDAQ:LLYVK opened at $66.04 on Tuesday. The firm’s 50-day moving average is $72.38 and its two-hundred day moving average is $63.67. Liberty Live Group has a 1 year low of $33.50 and a 1 year high of $81.66. The firm has a market capitalization of $6.06 billion, a PE ratio of -194.24 and a beta of 1.55.

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.