Traders Buy Large Volume of LiveWire Group Call Options (NYSE:LVWR)

LiveWire Group, Inc. (NYSE:LVWR) was the target of unusually large options trading activity on Friday. Investors purchased 3,688 call options on the company. This is an increase of approximately 3,823% compared to the typical daily volume of 94 call options.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On LiveWire Group

Several hedge funds and other institutional investors have recently modified their holdings of LVWR. The Manufacturers Life Insurance Company bought a new position in shares of LiveWire Group during the second quarter valued at $60,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of LiveWire Group by 84.6% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,092 shares of the company’s stock worth $92,000 after purchasing an additional 9,210 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of LiveWire Group by 78.1% in the 4th quarter. Wells Fargo & Company MN now owns 40,179 shares of the company’s stock worth $178,000 after purchasing an additional 17,615 shares during the last quarter. UBS Group AG increased its position in shares of LiveWire Group by 12.4% during the 3rd quarter. UBS Group AG now owns 160,098 shares of the company’s stock worth $760,000 after purchasing an additional 17,672 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of LiveWire Group by 109.4% during the 3rd quarter. Vanguard Group Inc. now owns 547,021 shares of the company’s stock worth $2,598,000 after purchasing an additional 285,850 shares in the last quarter. Institutional investors own 0.88% of the company’s stock.

LiveWire Group Price Performance

NYSE:LVWR opened at $1.47 on Friday. The company has a debt-to-equity ratio of 2.62, a quick ratio of 3.60 and a current ratio of 4.29. The company has a 50-day moving average of $1.12 and a 200-day moving average of $1.73. LiveWire Group has a 52 week low of $0.65 and a 52 week high of $6.44. The company has a market capitalization of $299.36 million, a price-to-earnings ratio of -3.96 and a beta of 1.71.

LiveWire Group (NYSE:LVWR) last announced its quarterly earnings results on Thursday, July 23rd. The company reported ($0.09) 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%.

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.