Machina Capital S.A.S. Invests $1.31 Million in Liberty Live Group (NASDAQ:LLYVK)

Machina Capital S.A.S. purchased a new stake in shares of Liberty Live Group (NASDAQ:LLYVK) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 35,070 shares of the company’s stock, valued at approximately $1,311,000. Liberty Live Group comprises 0.8% of Machina Capital S.A.S.’s holdings, making the stock its 18th biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arizona State Retirement System grew its holdings in shares of Liberty Live Group by 4.7% during the 4th quarter. Arizona State Retirement System now owns 14,224 shares of the company’s stock worth $532,000 after purchasing an additional 643 shares during the period. Balentine LLC purchased a new stake in shares of Liberty Live Group during the third quarter worth about $35,000. Quent Capital LLC acquired a new position in shares of Liberty Live Group in the fourth quarter worth about $43,000. PNC Financial Services Group Inc. acquired a new stake in Liberty Live Group during the 3rd quarter valued at approximately $41,000. Finally, Blair William & Co. IL purchased a new stake in Liberty Live Group during the 3rd quarter worth approximately $47,000. 60.36% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, major shareholder Berkshire Hathaway Inc acquired 1,188,000 shares of the firm’s stock in a transaction on Wednesday, March 6th. The stock was bought at an average cost of $29.39 per share, with a total value of $34,915,320.00. Following the acquisition, the insider now directly owns 50,682,902 shares in the company, valued at $1,489,570,489.78. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last quarter, insiders purchased 6,457,501 shares of company stock worth $179,148,132.

Liberty Live Group Stock Performance

Shares of LLYVK traded up $0.38 during trading on Tuesday, reaching $39.85. The company’s stock had a trading volume of 298,061 shares, compared to its average volume of 348,440. The company has a fifty day moving average of $40.49 and a two-hundred day moving average of $37.25. Liberty Live Group has a twelve month low of $29.63 and a twelve month high of $44.16.

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.