LiveWire Group Target of Unusually Large Options Trading (NYSE:LVWR)

LiveWire Group, Inc. (NYSE:LVWR) saw some unusual options trading activity on Friday. Stock traders purchased 3,688 call options on the stock. This represents an increase of approximately 3,823% compared to the typical volume of 94 call options.

LiveWire Group Price Performance

LVWR stock opened at $1.47 on Friday. The company has a market capitalization of $299.36 million, a P/E ratio of -3.96 and a beta of 1.71. LiveWire Group has a twelve month low of $0.65 and a twelve month high of $6.44. The business has a 50 day simple moving average of $1.12 and a 200-day simple moving average of $1.73. The company has a current ratio of 4.29, a quick ratio of 3.60 and a debt-to-equity ratio of 2.62.

LiveWire Group (NYSE:LVWR) last announced its earnings results on Thursday, July 23rd. The company reported ($0.09) earnings per share (EPS) for the quarter. The business had revenue of $9.11 million for the quarter. LiveWire Group had a negative return on equity of 161.65% and a negative net margin of 234.48%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of LiveWire Group in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of LVWR. Russell Investments Group Ltd. increased its stake in LiveWire Group by 82.0% in the third quarter. Russell Investments Group Ltd. now owns 6,751 shares of the company’s stock valued at $32,000 after purchasing an additional 3,042 shares during the period. Rhumbline Advisers raised its holdings in shares of LiveWire Group by 21.9% in the first quarter. Rhumbline Advisers now owns 17,655 shares of the company’s stock valued at $35,000 after buying an additional 3,167 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of LiveWire Group by 117.6% during the third quarter. BNP Paribas Financial Markets now owns 9,363 shares of the company’s stock worth $44,000 after buying an additional 5,060 shares during the period. O Shaughnessy Asset Management LLC acquired a new stake in shares of LiveWire Group during the fourth quarter worth about $49,000. Finally, Tower Research Capital LLC TRC grew its holdings in shares of LiveWire Group by 119.5% during the second quarter. Tower Research Capital LLC TRC now owns 10,676 shares of the company’s stock worth $49,000 after buying an additional 5,812 shares during the last quarter. 0.88% of the stock is owned by hedge funds and other institutional investors.

LiveWire Group Company Profile

LiveWire Group Inc (NYSE: LVWR) is an independent electric vehicle manufacturer specializing in high-performance two-wheelers and innovative urban mobility solutions. Established as a wholly owned subsidiary of Harley-Davidson Inc in 2018, the company was spun off in September 2022 following a merger with a special-purpose acquisition company, commencing trading as LiveWire Group. Since then, LiveWire has focused on scaling its core electric motorcycle business and developing a new generation of connected, battery-powered vehicles.

LiveWire’s product lineup is anchored by its first production model, the LiveWire One, known for its rapid acceleration, long-range battery architecture and integrated connectivity features.