Wealthfront Advisers LLC Lowers Stock Position in Live Nation Entertainment, Inc. $LYV

Wealthfront Advisers LLC lessened its holdings in Live Nation Entertainment, Inc. (NYSE:LYV) by 17.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 21,329 shares of the company’s stock after selling 4,651 shares during the period. Wealthfront Advisers LLC’s holdings in Live Nation Entertainment were worth $3,039,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of LYV. Vanguard Group Inc. lifted its position in Live Nation Entertainment by 1.8% during the third quarter. Vanguard Group Inc. now owns 20,679,128 shares of the company’s stock valued at $3,378,970,000 after acquiring an additional 372,715 shares during the last quarter. Principal Financial Group Inc. lifted its position in Live Nation Entertainment by 22.1% during the third quarter. Principal Financial Group Inc. now owns 9,725,776 shares of the company’s stock valued at $1,589,196,000 after acquiring an additional 1,763,511 shares during the last quarter. Capital World Investors lifted its position in Live Nation Entertainment by 4.8% during the third quarter. Capital World Investors now owns 5,145,834 shares of the company’s stock valued at $840,829,000 after acquiring an additional 237,342 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in Live Nation Entertainment by 4.0% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,195,473 shares of the company’s stock valued at $455,355,000 after acquiring an additional 123,800 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Live Nation Entertainment by 1.7% during the third quarter. Dimensional Fund Advisors LP now owns 1,206,435 shares of the company’s stock valued at $197,145,000 after acquiring an additional 19,825 shares during the last quarter. Hedge funds and other institutional investors own 74.52% of the company’s stock.

Wall Street Analysts Forecast Growth

LYV has been the subject of a number of analyst reports. Zacks Research cut shares of Live Nation Entertainment from a “hold” rating to a “strong sell” rating in a research report on Friday, January 16th. Jefferies Financial Group reissued a “hold” rating on shares of Live Nation Entertainment in a research report on Monday, March 9th. Guggenheim increased their target price on shares of Live Nation Entertainment from $180.00 to $192.00 and gave the company a “buy” rating in a research report on Monday, April 6th. TD Cowen reissued a “buy” rating on shares of Live Nation Entertainment in a research report on Monday, February 23rd. Finally, Oppenheimer reissued an “outperform” rating and set a $190.00 target price on shares of Live Nation Entertainment in a research report on Friday, February 20th. Twenty research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned 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 an average target price of $187.10.

Insider Activity

In other Live Nation Entertainment news, Director Jeffrey T. Hinson sold 944 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $165.87, for a total value of $156,581.28. Following the completion of the transaction, the director owned 48,030 shares of the company’s stock, valued at approximately $7,966,736.10. This trade represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 3.01% of the company’s stock.

Live Nation Entertainment News Summary

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 Trading Up 0.2%

NYSE LYV opened at $158.23 on Friday. The company has a fifty day simple moving average of $157.30 and a two-hundred day simple moving average of $148.57. The stock has a market cap of $37.20 billion, a P/E ratio of -659.27 and a beta of 1.11. Live Nation Entertainment, Inc. has a 12-month low of $125.34 and a 12-month high of $175.25. 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 (NYSE:LYV) last posted its quarterly earnings results on Thursday, February 19th. The company reported ($1.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.00) by ($0.06). The company had revenue of $6.31 billion during the quarter, compared to analysts’ expectations of $6.12 billion. Live Nation Entertainment had a return on equity of 48.11% and a net margin of 1.79%.The company’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.58 EPS. On average, analysts forecast that Live Nation Entertainment, Inc. will post 1.39 earnings per share for the current year.

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.