1,747 Shares in Live Nation Entertainment, Inc. (NYSE:LYV) Acquired by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. purchased a new position in Live Nation Entertainment, Inc. (NYSE:LYV - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,747 shares of the company's stock, valued at approximately $226,000.

Several other large investors have also recently made changes to their positions in LYV. Principal Financial Group Inc. lifted its position in Live Nation Entertainment by 1.5% during the fourth quarter. Principal Financial Group Inc. now owns 7,302,199 shares of the company's stock valued at $945,635,000 after acquiring an additional 105,648 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Live Nation Entertainment by 9.4% during the 3rd quarter. Geode Capital Management LLC now owns 3,763,557 shares of the company's stock valued at $410,664,000 after purchasing an additional 321,832 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Live Nation Entertainment by 37.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,423,428 shares of the company's stock worth $155,851,000 after purchasing an additional 385,143 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Live Nation Entertainment by 55.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,079,064 shares of the company's stock worth $118,147,000 after buying an additional 387,008 shares during the last quarter. Finally, ValueAct Holdings L.P. acquired a new position in Live Nation Entertainment during the 3rd quarter valued at about $111,094,000. 74.52% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Michael Rowles sold 63,136 shares of the business's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $155.40, for a total value of $9,811,334.40. Following the completion of the sale, the executive vice president now directly owns 195,346 shares in the company, valued at $30,356,768.40. The trade was a 24.43 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 2.72% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Roth Mkm raised their price target on Live Nation Entertainment from $152.00 to $174.00 and gave the stock a "buy" rating in a report on Friday, February 21st. Bank of America lifted their target price on shares of Live Nation Entertainment from $149.00 to $175.00 and gave the stock a "buy" rating in a research note on Monday, February 24th. Citigroup upped their price target on shares of Live Nation Entertainment from $130.00 to $163.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Live Nation Entertainment from $130.00 to $150.00 and gave the stock a "buy" rating in a research note on Tuesday, November 19th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $146.00 target price on shares of Live Nation Entertainment in a research report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, Live Nation Entertainment currently has an average rating of "Moderate Buy" and a consensus target price of $156.00.

Live Nation Entertainment Stock Performance

LYV stock traded down $1.40 during trading on Monday, hitting $141.96. 2,281,765 shares of the company traded hands, compared to its average volume of 2,098,835. The company has a debt-to-equity ratio of 6.10, a current ratio of 1.01 and a quick ratio of 1.01. Live Nation Entertainment, Inc. has a 1 year low of $86.81 and a 1 year high of $157.75. The stock's 50-day simple moving average is $140.44 and its 200 day simple moving average is $124.94. The company has a market cap of $33.13 billion, a PE ratio of 52.19, a P/E/G ratio of 1.81 and a beta of 1.38.

Live Nation Entertainment (NYSE:LYV - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.93) by $1.49. Live Nation Entertainment had a net margin of 3.90% and a return on equity of 139.09%. The firm had revenue of $5.68 billion during the quarter, compared to analysts' expectations of $5.67 billion. On average, equities analysts expect that Live Nation Entertainment, Inc. will post 2.38 earnings per share for the current fiscal year.

Live Nation Entertainment Company Profile

Live Nation Entertainment, Inc operates as a live entertainment company worldwide. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists.