LiveWire Group, Inc. (NYSE:LVWR – Get Free Report)’s share price shot up 2.6% during mid-day trading on Monday . The company traded as high as $10.26 and last traded at $10.26. 746 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 33,111 shares. The stock had previously closed at $10.00.
Analyst Ratings Changes
Separately, Citigroup raised their price target on shares of LiveWire Group from $7.50 to $10.50 and gave the stock a “neutral” rating in a research report on Sunday, July 23rd.
LiveWire Group Price Performance
LiveWire Group (NYSE:LVWR – Get Free Report) last released its quarterly earnings data on Thursday, July 27th. The company reported ($0.14) earnings per share for the quarter. The company had revenue of $7.03 million for the quarter.
Institutional Trading of LiveWire Group
A number of large investors have recently modified their holdings of the company. Barclays PLC acquired a new position in LiveWire Group during the 2nd quarter valued at about $27,000. Citigroup Inc. acquired a new position in LiveWire Group during the 2nd quarter valued at about $39,000. California State Teachers Retirement System acquired a new position in LiveWire Group during the 2nd quarter valued at about $43,000. Wells Fargo & Company MN increased its stake in LiveWire Group by 904.2% during the 2nd quarter. Wells Fargo & Company MN now owns 5,021 shares of the company’s stock valued at $59,000 after buying an additional 4,521 shares during the period. Finally, American International Group Inc. acquired a new position in LiveWire Group during the 2nd quarter valued at about $63,000. Institutional investors and hedge funds own 0.51% of the company’s stock.
About LiveWire Group
LiveWire Group, Inc manufactures electric motorcycles in the United States and internationally. It operates in two segments Electric Motorcycles and STACYC. The company offers electric motorcycles and parts, accessories, and apparel. It serves wholesalers, independent dealers, retailers, and through online.
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