Oppenheimer & Co. Inc. Sells 3,076 Shares of Live Nation Entertainment, Inc. $LYV

Oppenheimer & Co. Inc. lessened its holdings in shares of Live Nation Entertainment, Inc. (NYSE:LYV) by 47.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,392 shares of the company’s stock after selling 3,076 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Live Nation Entertainment were worth $483,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Live Nation Entertainment by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 20,679,128 shares of the company’s stock worth $3,378,970,000 after acquiring an additional 372,715 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in Live Nation Entertainment by 22.1% during the 3rd quarter. Principal Financial Group Inc. now owns 9,725,776 shares of the company’s stock worth $1,589,196,000 after acquiring an additional 1,763,511 shares during the last quarter. Capital World Investors boosted its holdings in Live Nation Entertainment by 4.8% during the 3rd quarter. Capital World Investors now owns 5,145,834 shares of the company’s stock worth $840,829,000 after acquiring an additional 237,342 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Live Nation Entertainment by 4.0% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,195,473 shares of the company’s stock worth $455,355,000 after acquiring an additional 123,800 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Live Nation Entertainment by 1.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,206,435 shares of the company’s stock worth $197,145,000 after acquiring an additional 19,825 shares during the last quarter. 74.52% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Live Nation Entertainment

In related news, Director Jeffrey T. Hinson sold 944 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $165.87, for a total value of $156,581.28. Following the sale, the director directly owned 48,030 shares in the company, valued at approximately $7,966,736.10. The trade was a 1.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Michael Rowles sold 63,776 shares of the business’s stock in a transaction dated 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 in the company, valued at $33,622,555.84. This represents a 23.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 157,798 shares of company stock worth $26,088,615. Company insiders own 2.89% of the company’s stock.

Key Stories 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

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Wolfe Research lifted their price objective on shares of Live Nation Entertainment from $205.00 to $206.00 and gave the stock an “outperform” rating in a report on Monday, April 13th. Weiss Ratings raised shares of Live Nation Entertainment from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 9th. Evercore reaffirmed an “outperform” rating and set a $198.00 price objective on shares of Live Nation Entertainment in a report on Friday, February 20th. Moffett Nathanson cut their price target on shares of Live Nation Entertainment from $185.00 to $180.00 and set a “buy” rating on the stock in a report on Thursday, January 22nd. Finally, Morgan Stanley reissued an “overweight” rating and issued a $185.00 price target on shares of Live Nation Entertainment in a report on Friday, February 20th. Twenty research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Live Nation Entertainment currently has a consensus rating of “Moderate Buy” and an average target price of $187.75.

Live Nation Entertainment Price Performance

Shares of NYSE:LYV opened at $162.91 on Friday. The company’s 50-day moving average is $157.51 and its 200 day moving average is $148.70. The company has a debt-to-equity ratio of 13.93, a quick ratio of 1.00 and a current ratio of 0.88. The company has a market capitalization of $38.37 billion, a P/E ratio of -92.04 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 $175.25.

Live Nation Entertainment (NYSE:LYV) last issued its quarterly earnings results on Tuesday, May 5th. The company reported ($1.85) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.35) by ($1.50). The company had revenue of $3.79 billion during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 12.1% compared to the same quarter last year. During the same period last year, the firm posted ($0.32) earnings per share. On average, equities research analysts forecast that Live Nation Entertainment, Inc. will post 1.13 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.