Rep. April McClain Delaney Unloads Live Nation Entertainment, Inc ...
π Rep. April McClain Delaney sold between $1,001 and $15,000 of LYV stock on June 1st.
π Live Nation Entertainment trades at a market cap of $42.93 billion with a P/E ratio of -102.98.
π¦ NewEdge Advisors LLC increased its LYV holdings by 344.3% in the second quarter.
π° EVP John Hopmans sold 93,078 shares for $15.46 million in a May transaction.
π EVP Michael Rowles reduced his position by 23.75% via a sale of 63,776 shares.
π Institutional ownership stands at 74.52% with several hedge funds increasing stakes.
π Morgan Stanley raised its price target to $200.00 and maintained an 'overweight' rating.
ποΈ Deutsche Bank and JPMorgan Chase both lifted price targets while maintaining buy ratings.
βοΈ Weiss Ratings restated a 'hold (c-)' rating on the company's stock.
π The stock has a 52-week low of $125.34 and a high of $188.00.
- Morgan Stanley increased its price target to $200.00 and assigned an 'overweight' rating.
- Deutsche Bank raised its target price to $185.00 with a 'buy' rating.
- JPMorgan Chase lifted its objective to $180.00 and maintained an 'overweight' rating.
- NewEdge Advisors LLC significantly increased its position by 344.3% in the second quarter.
- Daiwa Securities Group Inc. raised its holdings by 15.9% during the second quarter.
- EverSource Wealth Advisors LLC increased its stake by 15.8% in the second quarter.
- The stock currently holds an average analyst rating of 'Moderate Buy' with a target price of $189.00.
- Live Nation Entertainment trades above both its 50-day and 200-day moving averages.
- The company has a negative P/E ratio of -102.98, indicating recent losses or high valuation relative to earnings.
- Deutsche Bank Aktiengesellschaft restated a 'hold (c-)' rating on the stock.
- The debt-to-equity ratio is high at 13.93, suggesting significant leverage.
- Current ratio and quick ratio are both 0.88, indicating liquidity constraints below 1.0.