LiveWire Group (NYSE:LVWR) Hits New 1-Year Low - Here's Why

LiveWire Group, Inc. (NYSE:LVWR) recently experienced a significant drop in its share price, reaching a new 52-week low during trading on Monday. The stock fell to as low as $2.66 and was last seen trading at $2.69, with a trading volume of 4,270 shares. The previous close was also at $2.66.

Current Stock Performance

LiveWire Group has seen its stock decline by 5.8%. In contrast, Harley-Davidson has gained momentum with a billion-dollar buyback program in place which could affect investor interest and market dynamics.

As of now, LiveWire Group holds a market capitalization of approximately $509.14 million. The company has a price-to-earnings (P/E) ratio of -5.45 and a beta of 0.94. Its fifty-day simple moving average stands at $4.56 while the 200-day simple moving average is $5.71.

Earnings Report Insights

The latest earnings report from LiveWire Group was made public on February 5th. The company recorded an earnings per share (EPS) of ($0.11) for the last quarter, marking a negative return on equity of 58.65% and a negative net margin of 352.66%. In the same quarter last year, the EPS was ($0.16), indicating a declining performance.

Insider Trading Activity

CEO Karim Donnez has recently sold a portion of his shares. On November 27, he sold 9,202 shares at an average price of $6.05, amounting to a total of $55,672.10. After this transaction, he retains 456,772 shares valued at around $2.76 million, representing a decrease of 1.97% in his ownership. In the past three months, insiders have liquidated 12,729 shares valued at $76,841, with insiders currently holding 1.92% of the total share count.

Institutional Investor Activity

Institutional investor participation has also changed recently. Barclays PLC has significantly increased its stake in LiveWire Group by 289.1% in the third quarter, now controlling 26,210 shares valued at $159,000, following an acquisition of 19,474 shares. Another major player, JPMorgan Chase & Co., has boosted its position by 201.0%, now holding 30,166 shares worth $184,000. Additionally, Charles Schwab Investment Management has increased its shareholding by 14.7%, owning 46,511 shares with a total value of $224,000. Currently, only 0.88% of shares are owned by institutional investors.

About LiveWire Group

LiveWire Group, Inc. is known for manufacturing electric motorcycles both in the United States and internationally. The company operates through two segments: Electric Motorcycles and STACYC. It designs and sells not just electric motorcycles, but also parts, accessories, and apparel, in addition to producing electric balance bikes for children. Their products are distributed through wholesalers, independent dealers, retailers, and online platforms.

Investment Considerations

As LiveWire Group continues to face challenges reflected in its stock price, potential investors may be weighing the merits of buying or selling. It's vital to consider market trends and individual company performance before making any investment decisions.

LiveWire, Stock, Trading