Live Nation Entertainment, Inc. $LYV Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System cut its holdings in Live Nation Entertainment, Inc. (NYSE:LYV) by 2.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 135,450 shares of the company’s stock after selling 3,998 shares during the period. New York State Teachers Retirement System owned 0.06% of Live Nation Entertainment worth $19,302,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Vident Advisory LLC raised its holdings in Live Nation Entertainment by 2.1% in the 2nd quarter. Vident Advisory LLC now owns 3,622 shares of the company’s stock valued at $548,000 after acquiring an additional 75 shares during the last quarter. Prairie Wealth Advisors Inc. raised its holdings in Live Nation Entertainment by 5.0% in the 3rd quarter. Prairie Wealth Advisors Inc. now owns 1,665 shares of the company’s stock valued at $272,000 after acquiring an additional 80 shares during the last quarter. Ameriflex Group Inc. raised its holdings in 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 acquiring an additional 84 shares during the last quarter. GW&K Investment Management LLC raised its holdings in Live Nation Entertainment by 22.2% in the 3rd quarter. GW&K Investment Management LLC now owns 468 shares of the company’s stock valued at $76,000 after acquiring an additional 85 shares during the last quarter. Finally, Alteri Wealth LLC raised its holdings in Live Nation Entertainment by 5.1% in the 3rd quarter. Alteri Wealth LLC now owns 1,841 shares of the company’s stock valued at $301,000 after acquiring an additional 89 shares during the last quarter. 74.52% of the stock is currently owned by institutional investors and hedge funds.

Live Nation Entertainment News Roundup

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

• Positive Sentiment: Management will present at MoffettNathanson and J.P. Morgan conferences in May, improving investor access to management’s outlook and potentially reducing uncertainty ahead of Q1 results. Read More.
• Positive Sentiment: Live Nation launched a broad $30 ticket promotion across multiple markets — a demand stimulus that can boost attendance, market share and near-term revenue growth as the summer touring season ramps. Local and national coverage highlights scale of the campaign. Read More.
• Neutral Sentiment: Zacks previews key operating metrics for LYV’s Q1 (ending March) to give investors deeper context beyond headline EPS/revenue — useful for modeling but not directional by itself. Read More.
• Neutral Sentiment: Analyst/market commentary asks whether LYV’s multi‑year share gains leave upside limited — helpful framing for valuation discussions but not immediate company-specific news. Read More.
• Negative Sentiment: Zacks warns that while revenue is expected to rise (~6.1% for Q1), higher Venue Nation costs could compress margins — a near-term earnings risk investors must watch when LYV reports on May 5. Read More.

Live Nation Entertainment Stock Up 0.2%

Shares of Live Nation Entertainment stock opened at $158.23 on Friday. The company has a fifty day moving average price of $157.30 and a 200 day moving average price of $148.54. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 8.51. Live Nation Entertainment, Inc. has a twelve month low of $125.34 and a twelve month high of $175.25. The stock has a market cap of $37.20 billion, a price-to-earnings ratio of -659.27 and a beta of 1.11.

Live Nation Entertainment (NYSE:LYV) last announced its quarterly earnings results on Thursday, February 19th. The company reported ($1.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.00) by ($0.06). Live Nation Entertainment had a return on equity of 48.11% and a net margin of 1.79%.The business had revenue of $6.31 billion for the quarter, compared to analysts’ expectations of $6.12 billion. During the same period last year, the company posted $0.58 earnings per share. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. Equities research analysts forecast that Live Nation Entertainment, Inc. will post 1.39 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Jeffrey T. Hinson sold 944 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $165.87, for a total transaction of $156,581.28. Following the completion of the sale, the director directly owned 48,030 shares of the company’s stock, valued at approximately $7,966,736.10. This represents a 1.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.01% of the company’s stock.

Wall Street Analysts Forecast Growth

LYV has been the subject of a number of research analyst reports. The Goldman Sachs Group upped their price objective on Live Nation Entertainment from $175.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, March 12th. Evercore restated an “outperform” rating and set a $198.00 price objective on shares of Live Nation Entertainment in a report on Friday, February 20th. UBS Group upped their price objective on Live Nation Entertainment from $164.00 to $181.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Guggenheim upped their price objective on Live Nation Entertainment from $180.00 to $192.00 and gave the stock a “buy” rating in a report on Monday, April 6th. Finally, Bank of America upped their price objective on Live Nation Entertainment from $170.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Twenty equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $187.10.

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.