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

Korea Investment CORP decreased its position in Live Nation Entertainment, Inc. (NYSE:LYV) by 37.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,367 shares of the company’s stock after selling 82,993 shares during the period. Korea Investment CORP owned approximately 0.06% of Live Nation Entertainment worth $22,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in LYV. Clearstead Trust LLC raised its stake in shares of Live Nation Entertainment by 469.0% in the second quarter. Clearstead Trust LLC now owns 165 shares of the company’s stock worth $25,000 after purchasing an additional 136 shares during the last quarter. Ameriflex Group Inc. boosted its position in Live Nation Entertainment by 102.4% in the third quarter. Ameriflex Group Inc. now owns 166 shares of the company’s stock valued at $27,000 after buying an additional 84 shares during the last quarter. Atwood & Palmer Inc. acquired a new position in Live Nation Entertainment in the 3rd quarter worth approximately $33,000. Heartwood Wealth Advisors LLC purchased a new position in Live Nation Entertainment during the 3rd quarter worth approximately $34,000. Finally, Measured Risk Portfolios Inc. purchased a new position in Live Nation Entertainment during the 3rd quarter worth approximately $37,000. Hedge funds and other institutional investors own 74.52% of the company’s stock.

Wall Street Analysts Forecast Growth

LYV has been the topic of several recent research reports. Moffett Nathanson dropped their price objective 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. Guggenheim reissued a “buy” rating and set a $180.00 target price on shares of Live Nation Entertainment in a report on Monday. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $175.00 price target on shares of Live Nation Entertainment in a report on Friday, February 20th. Sanford C. Bernstein increased their price target on Live Nation Entertainment from $185.00 to $200.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Finally, Zacks Research lowered Live Nation Entertainment from a “hold” rating to a “strong sell” rating in a research note on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Live Nation Entertainment currently has an average rating of “Moderate Buy” and an average price target of $183.65.

Key Live Nation Entertainment News

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 Stock Performance

LYV opened at $165.47 on Wednesday. The stock has a market cap of $38.85 billion, a P/E ratio of -689.45 and a beta of 1.11. The company has a debt-to-equity ratio of 8.51, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a fifty day moving average price of $150.37 and a 200 day moving average price of $150.33. Live Nation Entertainment, Inc. has a 1 year low of $112.88 and a 1 year high of $175.25.

Live Nation Entertainment (NYSE:LYV) last released its quarterly earnings data 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). The firm had revenue of $6.31 billion during the quarter, compared to analysts’ expectations of $6.12 billion. Live Nation Entertainment had a net margin of 1.79% and a return on equity of 48.11%. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.58 EPS. Equities research analysts anticipate that Live Nation Entertainment, Inc. will post 2.38 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.