LiveWire Group, Inc. (NYSE:LVWR) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its stake in shares of LiveWire Group, Inc. (NYSE:LVWR) by 120.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 66,523 shares of the company’s stock after purchasing an additional 36,357 shares during the period. JPMorgan Chase & Co.’s holdings in LiveWire Group were worth $320,000 at the end of the most recent reporting period.

Separately, Barclays PLC grew its stake in shares of LiveWire Group by 289.1% in the third quarter. Barclays PLC now owns 26,210 shares of the company’s stock valued at $159,000 after buying an additional 19,474 shares in the last quarter. 0.88% of the stock is owned by hedge funds and other institutional investors.

LiveWire Group Price Performance

Shares of LVWR stock opened at $1.42 on Friday. LiveWire Group, Inc. has a 12 month low of $1.38 and a 12 month high of $9.00. The company’s fifty day moving average price is $2.08 and its two-hundred day moving average price is $3.91. The firm has a market capitalization of $348.70 million, a P/E ratio of -3.08 and a beta of 1.03.

LiveWire Group (NYSE:LVWR) last issued its quarterly earnings results on Thursday, May 1st. The company reported ($0.09) earnings per share for the quarter. The firm had revenue of $2.74 million during the quarter. LiveWire Group had a negative net margin of 352.66% and a negative return on equity of 58.65%.

LiveWire Group Profile

LiveWire Group, Inc manufactures electric motorcycles in the United States and internationally. It operates in two segments Electric Motorcycles and STACYC. The company designs and sells electric motorcycles and parts, accessories, and apparel; and electric balance bikes for kids. It serves wholesalers, independent dealers, retailers, and through online.