Live Nation Entertainment, Inc. (NYSE:LYV – Get Free Report) EVP John Hopmans sold 93,078 shares of Live Nation Entertainment stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $166.07, for a total transaction of $15,457,463.46. Following the completion of the transaction, the executive vice president directly owned 188,751 shares in the company, valued at approximately $31,345,878.57. The trade was a 33.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Live Nation Entertainment Price Performance
LYV stock opened at $162.91 on Friday. The stock has a 50-day moving average price of $157.51 and a two-hundred day moving average price of $148.70. The stock has a market cap of $38.37 billion, a PE ratio of -92.04 and a beta of 1.11. The company has a current ratio of 0.88, a quick ratio of 1.00 and a debt-to-equity ratio of 13.93. Live Nation Entertainment, Inc. has a 1 year low of $125.34 and a 1 year high of $175.25.
Live Nation Entertainment (NYSE:LYV – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported ($1.85) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.35) by ($1.50). The firm had revenue of $3.79 billion for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter last year, the company posted ($0.32) EPS. Equities analysts forecast that Live Nation Entertainment, Inc. will post 0.38 EPS for the current fiscal year.
Institutional Investors Weigh In On Live Nation Entertainment
Wall Street Analysts Forecast Growth
LYV has been the subject of several analyst reports. Zacks Research cut Live Nation Entertainment from a “hold” rating to a “strong sell” rating in a report on Friday, January 16th. UBS Group raised their price objective on Live Nation Entertainment from $164.00 to $181.00 and gave the company a “buy” rating in a report on Friday, February 20th. Benchmark restated a “buy” rating on shares of Live Nation Entertainment in a report on Thursday, February 19th. Moffett Nathanson decreased their price objective 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. Finally, Guggenheim raised their price objective on Live Nation Entertainment from $192.00 to $197.00 and gave the company a “buy” rating in a report on Wednesday. Twenty equities 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 stock. According to data from MarketBeat.com, Live Nation Entertainment has a consensus rating of “Moderate Buy” and a consensus target price of $187.75.
View Our Latest Stock Analysis on Live Nation Entertainment
More Live Nation Entertainment News
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
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.
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