Live Nation Entertainment, Inc. (NYSE:LYV – Get Free Report) EVP Michael Rowles sold 63,776 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $164.24, for a total value of $10,474,570.24. Following the completion of the sale, the executive vice president owned 204,716 shares of the company’s stock, valued at $33,622,555.84. The trade was a 23.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Live Nation Entertainment Stock Down 0.2%
Shares of LYV opened at $162.91 on Monday. The stock’s 50-day moving average price is $157.51 and its two-hundred day moving average price is $148.70. Live Nation Entertainment, Inc. has a 12 month low of $125.34 and a 12 month high of $175.25. The company has a market capitalization of $38.37 billion, a PE ratio of -92.04 and a beta of 1.11. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 13.93.
Live Nation Entertainment (NYSE:LYV – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported ($1.85) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.35) by ($1.50). The company had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.57 billion. Live Nation Entertainment had a return on equity of 45.92% and a net margin of 0.15%.Live Nation Entertainment’s revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the business earned ($0.32) earnings per share. On average, analysts anticipate that Live Nation Entertainment, Inc. will post 1.13 EPS for the current year.
Analyst Upgrades and Downgrades
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Key Headlines Impacting Live Nation Entertainment
Here are the key news stories impacting Live Nation Entertainment this week:
- Positive Sentiment: Deutsche Bank raised its price target on Live Nation to $185 and reiterated a buy rating, suggesting meaningful upside from current levels. Deutsche Bank adjusts Live Nation Entertainment PT to 185 from 180; maintains buy rating
- Positive Sentiment: Rothschild & Co Redburn also nudged its price target higher to $195, reinforcing a favorable long-term view on Live Nation. Rothschild & Co Redburn adjusts Live Nation Entertainment price target to 195 from 193
- Positive Sentiment: JPMorgan issued a positive forecast for the stock, adding to the overall bullish analyst tone around LYV. JPMorgan Chase & Co. Issues Positive Forecast for Live Nation Entertainment (NYSE:LYV) Stock Price
- Neutral Sentiment: Live Nation’s Q1 beat and large legal accrual are prompting investors to reassess valuation, which could keep sentiment mixed until more clarity emerges. A Look At Live Nation (LYV) Valuation After Q1 2026 Beat And Large Legal Accrual
- Neutral Sentiment: Analysts remain divided on Live Nation’s outlook, reflecting a split view on the stock’s near-term potential. Analysts’ Opinions Are Mixed on These Communication Services Stocks: Match Group and Live Nation Entertainment
- Negative Sentiment: Two executive vice presidents sold large blocks of stock this week, which can weigh on investor confidence even if the sales were preplanned or routine. SEC Form 4 for Michael Rowles SEC Form 4 for John Hopmans
Institutional Investors Weigh In On Live Nation Entertainment
A number of large investors have recently bought and sold shares of LYV. Leonteq Securities AG bought a new stake in Live Nation Entertainment in the fourth quarter valued at $25,000. Nvest Wealth Strategies Inc. bought a new position in shares of Live Nation Entertainment during the 4th quarter worth about $26,000. Ameriflex Group Inc. grew its stake in shares of Live Nation Entertainment by 102.4% in the 3rd quarter. Ameriflex Group Inc. now owns 166 shares of the company’s stock valued at $27,000 after buying an additional 84 shares during the period. Elyxium Wealth LLC bought a new stake in Live Nation Entertainment in the 4th quarter valued at about $30,000. Finally, DV Equities LLC acquired a new position in Live Nation Entertainment during the 4th quarter worth approximately $31,000. 74.52% of the stock is currently owned by institutional investors and hedge funds.
Live Nation Entertainment Company Profile
Live Nation Entertainment is a global live entertainment company that promotes, operates and sells tickets for live events. The company’s core activities include concert promotion and production, venue operations and management, ticketing services through its Ticketmaster platform, artist management and development, and sponsorship and advertising services tied to live events. These integrated businesses are designed to connect artists, fans and commercial partners across the live event ecosystem.
The company in its current form was created following the 2010 merger of Live Nation and Ticketmaster, combining a promoter and venue operator with one of the industry’s largest ticketing platforms.
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