First Trust Advisors LP Reduces Holdings in Live Nation Entertainment, Inc. $LYV

First Trust Advisors LP lowered its position in shares of Live Nation Entertainment, Inc. (NYSE:LYV) by 94.9% during the first quarter, Holdings Channel reports. The firm owned 61,059 shares of the company’s stock after selling 1,130,288 shares during the quarter. First Trust Advisors LP’s holdings in Live Nation Entertainment were worth $9,312,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. Empowered Funds LLC grew its stake in Live Nation Entertainment by 3.3% during the 1st quarter. Empowered Funds LLC now owns 17,376 shares of the company’s stock worth $2,269,000 after buying an additional 547 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Live Nation Entertainment by 15.8% in the second quarter. EverSource Wealth Advisors LLC now owns 798 shares of the company’s stock valued at $121,000 after acquiring an additional 109 shares during the period. Cerity Partners LLC grew its position in shares of Live Nation Entertainment by 6.0% during the second quarter. Cerity Partners LLC now owns 27,496 shares of the company’s stock worth $4,160,000 after acquiring an additional 1,550 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of Live Nation Entertainment by 15.9% in the 2nd quarter. Daiwa Securities Group Inc. now owns 26,340 shares of the company’s stock valued at $3,983,000 after acquiring an additional 3,604 shares during the period. Finally, NewEdge Advisors LLC raised its position in Live Nation Entertainment by 344.3% in the 2nd quarter. NewEdge Advisors LLC now owns 2,208 shares of the company’s stock valued at $334,000 after purchasing an additional 1,711 shares during the last quarter. 74.52% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Live Nation Entertainment

In other news, EVP John Hopmans sold 93,078 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $166.07, for a total transaction of $15,457,463.46. Following the sale, the executive vice president owned 188,751 shares of the company’s stock, valued at $31,345,878.57. The trade was a 33.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Michael Rowles sold 63,776 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president directly 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 disclosure for this sale is available in the SEC filing. 2.89% of the stock is owned by insiders.

Live Nation Entertainment Stock Performance

NYSE:LYV opened at $174.46 on Friday. The firm’s fifty day simple moving average is $175.01 and its 200-day simple moving average is $162.29. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 13.93. The stock has a market cap of $41.09 billion, a PE ratio of -154.38 and a beta of 1.11. Live Nation Entertainment, Inc. has a fifty-two week low of $125.34 and a fifty-two week high of $188.00.

Live Nation Entertainment (NYSE:LYV) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.39. Live Nation Entertainment had a net margin of 0.34% and a return on equity of 53.31%. The firm had revenue of $7.67 billion for the quarter, compared to the consensus estimate of $7.56 billion. During the same quarter in the previous year, the firm earned $0.41 earnings per share. The firm’s revenue was up 9.4% on a year-over-year basis. Analysts expect that Live Nation Entertainment, Inc. will post 0.94 earnings per share for the current fiscal year.

Live Nation Entertainment News Summary

Here are the key news stories impacting Live Nation Entertainment this week:

• Positive Sentiment: Live Nation reported second-quarter revenue of approximately $7.67 billion, up 9.4% year over year and above the $7.56 billion consensus estimate. Adjusted earnings of $1.05 per share also exceeded expectations, while results benefited from record attendance, Ticketmaster growth, sponsorship gains and strong international demand. Live Nation beats quarterly revenue estimates on resilient concert demand
• Positive Sentiment: Management reportedly raised full-year expectations, and analysts at Benchmark and BTIG maintained bullish views with $215 price targets. Susquehanna also increased its target to $187, although it retained a neutral rating. Analyst price-target updates
• Neutral Sentiment: The quarter showed strong demand but a mixed profit profile: adjusted operating income rose only 2% to $817 million, while concerts adjusted operating income declined 14%. Management expects much of the concerts segment’s improvement to arrive in the fourth quarter, making the earnings outlook unusually back-end loaded. Live Nation’s 2026 Inflection Point Tests Demand Against Execution
• Negative Sentiment: Investors may be taking profits because the stock recently traded near its 52-week high while its valuation remains demanding. Analysts also cited cost pressures, venue pre-opening expenses, international festival investments, substantial leverage and ongoing legal uncertainty as risks to future returns. Is LYV Stock Overvalued After Its Strong Rally and Earnings Beat?

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on LYV shares. Wolfe Research raised their price objective on shares of Live Nation Entertainment from $205.00 to $206.00 and gave the stock an “outperform” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $205.00 target price on shares of Live Nation Entertainment in a research note on Friday. Morgan Stanley raised their price target on Live Nation Entertainment from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. Sanford C. Bernstein upped their price objective on Live Nation Entertainment from $200.00 to $215.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Wells Fargo & Company lifted their target price on Live Nation Entertainment from $199.00 to $222.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Twenty analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Live Nation Entertainment presently has a consensus rating of “Moderate Buy” and a consensus target price of $195.71.

Live Nation Entertainment 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.