Live Nation Entertainment, Inc. $LYV Shares Sold by Korea Investment CORP

Korea Investment CORP trimmed its holdings in shares of Live Nation Entertainment, Inc. (NYSE:LYV) by 37.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 136,367 shares of the company’s stock after selling 82,993 shares during the quarter. Korea Investment CORP’s holdings in Live Nation Entertainment were worth $22,282,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in LYV. Ameriflex Group Inc. increased 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 worth $27,000 after acquiring an additional 84 shares in the last quarter. First Trust Advisors LP lifted its holdings in Live Nation Entertainment by 14.9% during the third quarter. First Trust Advisors LP now owns 158,058 shares of the company’s stock valued at $25,827,000 after purchasing an additional 20,443 shares in the last quarter. Neo Ivy Capital Management acquired a new stake in shares of Live Nation Entertainment in the third quarter valued at about $788,000. Aptus Capital Advisors LLC increased its stake in shares of Live Nation Entertainment by 58.3% during the third quarter. Aptus Capital Advisors LLC now owns 5,069 shares of the company’s stock worth $828,000 after purchasing an additional 1,866 shares in the last quarter. Finally, Smith Moore & CO. purchased a new stake in shares of Live Nation Entertainment during the third quarter worth about $247,000. Hedge funds and other institutional investors own 74.52% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on LYV shares. Wall Street Zen raised shares of Live Nation Entertainment from a “sell” rating to a “hold” rating in a research note on Saturday. Moffett Nathanson reduced their target price on Live Nation Entertainment from $185.00 to $180.00 and set a “buy” rating for the company in a report on Thursday, January 22nd. Zacks Research downgraded Live Nation Entertainment from a “hold” rating to a “strong sell” rating in a research report on Friday, January 16th. Bank of America boosted their price target on Live Nation Entertainment from $170.00 to $180.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Live Nation Entertainment from $160.00 to $180.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Live Nation Entertainment presently has a consensus rating of “Moderate Buy” and a consensus price target of $183.65.

Key Stories Impacting Live Nation Entertainment

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

• Positive Sentiment: Settlement with DOJ avoids forced breakup of Ticketmaster, removing the most severe immediate existential risk to Live Nation’s core business — a clear positive driver for investor sentiment. LIVE NATION ENTERTAINMENT REACHES SETTLEMENT WITH U.S. DEPARTMENT OF JUSTICE
• Neutral Sentiment: Settlement includes operational remedies — Ticketmaster must open parts of its platform to rivals, limits on long-term exclusivity, amphitheater divestitures and fee rules — which reduce regulatory overhang but create execution risk and could compress margins; final impact depends on implementation and judge approval. Ticketmaster parent Live Nation reaches settlement with Department of Justice over antitrust concerns
• Neutral Sentiment: Reported state payouts differ across outlets (roughly $200M in some reports, $280M in others); the cash cost is small relative to Live Nation’s market cap but still a headline expense and a near-term cash outflow to monitor. Live Nation settles with DOJ without fine in antitrust case; sets aside $280M for US states
• Negative Sentiment: Several state attorneys general objected and a judge ordered Live Nation and state AGs to negotiate — states could pursue additional remedies or a separate deal, keeping legal uncertainty and potential incremental costs alive. Judge tells Live Nation, state AGs to negotiate potential deal
• Negative Sentiment: Political and public backlash — including criticism from Sen. Elizabeth Warren and a visibly frustrated judge — raises reputational and regulatory risk that could prompt closer oversight or future rule changes. Elizabeth Warren says Trump ‘betrayed’ fans exploited by Ticketmaster, slams DOJ’s Live Nation settlement
• Negative Sentiment: Market reaction is mixed: the DOJ settlement removed the breakup risk (initially lifting LYV), but lingering state negotiations, divestitures and operational mandates mean uncertainty remains until court approvals and state talks conclude. Reports of a Settlement with the DOJ Are Lifting Live Nation’s Stock

Live Nation Entertainment Trading Down 0.2%

LYV opened at $165.47 on Wednesday. The firm has a market capitalization of $38.85 billion, a price-to-earnings ratio of -689.45 and a beta of 1.11. The company’s 50 day simple moving average is $150.37 and its two-hundred day simple moving average is $150.33. Live Nation Entertainment, Inc. has a 1-year low of $112.88 and a 1-year high of $175.25. The company has a debt-to-equity ratio of 8.51, a current ratio of 1.00 and a quick ratio of 1.00.

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). Live Nation Entertainment had a net margin of 1.79% and a return on equity of 48.11%. The company had revenue of $6.31 billion during the quarter, compared to analysts’ expectations of $6.12 billion. During the same quarter last year, the company earned $0.58 earnings per share. Live Nation Entertainment’s revenue for the quarter was up 11.1% on a year-over-year basis. Analysts expect that Live Nation Entertainment, Inc. will post 2.38 EPS for the current fiscal year.

About Live Nation Entertainment

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.