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Live Nation Entertainment, Inc. $LYV Shares Bought by Danske Bank A S

Live Nation Entertainment logo with Consumer Discretionary background
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Key Points

  • Danske Bank increased its stake in Live Nation by 7.0%, buying 6,550 shares to hold 99,937 shares worth about $14.24 million, while institutional investors collectively own 74.52% of the company (Vanguard holds ~20.68M shares).
  • Live Nation reported Q results with EPS of ($1.06), missing estimates by $0.06, but revenue beat at $6.31 billion (up 11.1% year-over-year) and the company posted a 1.79% net margin.
  • Analysts are generally bullish: 20 Buys, 2 Holds and 1 Sell give an average rating of “Moderate Buy” and an average price target of $187.10, with several firms recently raising targets into the $180–190 range.
  • Five stocks to consider instead of Live Nation Entertainment.

Danske Bank A S boosted its position in shares of Live Nation Entertainment, Inc. (NYSE:LYV - Free Report) by 7.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 99,937 shares of the company's stock after buying an additional 6,550 shares during the quarter. Danske Bank A S's holdings in Live Nation Entertainment were worth $14,241,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. grew its position in shares of Live Nation Entertainment by 22.1% in the third quarter. Principal Financial Group Inc. now owns 9,725,776 shares of the company's stock valued at $1,589,196,000 after purchasing an additional 1,763,511 shares during the period. Woodline Partners LP grew its position in shares of Live Nation Entertainment by 3,475.4% in the third quarter. Woodline Partners LP now owns 609,574 shares of the company's stock valued at $99,604,000 after purchasing an additional 592,525 shares during the period. Holocene Advisors LP grew its position in shares of Live Nation Entertainment by 127.6% in the third quarter. Holocene Advisors LP now owns 814,163 shares of the company's stock valued at $133,034,000 after purchasing an additional 456,373 shares during the period. Tidal Investments LLC grew its position in shares of Live Nation Entertainment by 1,853.0% in the third quarter. Tidal Investments LLC now owns 463,901 shares of the company's stock valued at $75,801,000 after purchasing an additional 440,148 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of Live Nation Entertainment by 1.8% in the third quarter. Vanguard Group Inc. now owns 20,679,128 shares of the company's stock valued at $3,378,970,000 after purchasing an additional 372,715 shares during the period. Institutional investors and hedge funds own 74.52% of the company's stock.

Live Nation Entertainment Stock Down 0.0%

LYV stock opened at $158.23 on Monday. The company has a market cap of $37.20 billion, a price-to-earnings ratio of -659.27 and a beta of 1.11. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 8.51. Live Nation Entertainment, Inc. has a 12 month low of $125.34 and a 12 month high of $175.25. The firm has a 50-day moving average of $157.30 and a two-hundred day moving average of $148.51.

Live Nation Entertainment (NYSE:LYV - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The company reported ($1.06) EPS for the quarter, missing analysts' consensus estimates of ($1.00) by ($0.06). The business had revenue of $6.31 billion during the quarter, compared to analyst estimates 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 revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.58 EPS. As a group, analysts forecast that Live Nation Entertainment, Inc. will post 1.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on LYV. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Live Nation Entertainment from $160.00 to $180.00 and gave the company a "buy" rating in a research report on Monday, February 23rd. UBS Group lifted their target price on shares of Live Nation Entertainment from $164.00 to $181.00 and gave the company a "buy" rating in a research report on Friday, February 20th. Oppenheimer reiterated an "outperform" rating and issued a $190.00 target price on shares of Live Nation Entertainment in a research report on Friday, February 20th. Morgan Stanley reiterated an "overweight" rating and issued a $185.00 target price on shares of Live Nation Entertainment in a research report on Friday, February 20th. Finally, The Goldman Sachs Group lifted their target price on shares of Live Nation Entertainment from $175.00 to $190.00 and gave the company a "buy" rating in a research report on Thursday, March 12th. Twenty analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $187.10.

Read Our Latest Stock Analysis on Live Nation Entertainment

Live Nation Entertainment News Summary

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

  • Positive Sentiment: Management will present at MoffettNathanson and J.P. Morgan conferences in May, improving investor access to management’s outlook and potentially reducing uncertainty ahead of Q1 results. Read More.
  • Positive Sentiment: Live Nation launched a broad $30 ticket promotion across multiple markets — a demand stimulus that can boost attendance, market share and near-term revenue growth as the summer touring season ramps. Local and national coverage highlights scale of the campaign. Read More.
  • Neutral Sentiment: Zacks previews key operating metrics for LYV’s Q1 (ending March) to give investors deeper context beyond headline EPS/revenue — useful for modeling but not directional by itself. Read More.
  • Neutral Sentiment: Analyst/market commentary asks whether LYV’s multi‑year share gains leave upside limited — helpful framing for valuation discussions but not immediate company-specific news. Read More.
  • Negative Sentiment: Zacks warns that while revenue is expected to rise (~6.1% for Q1), higher Venue Nation costs could compress margins — a near-term earnings risk investors must watch when LYV reports on May 5. Read More.

Insider Buying and Selling

In other Live Nation Entertainment news, Director Jeffrey T. Hinson sold 944 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $165.87, for a total value of $156,581.28. Following the completion of the sale, the director owned 48,030 shares in the company, valued at approximately $7,966,736.10. This represents a 1.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.89% of the company's stock.

Live Nation Entertainment Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding LYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Live Nation Entertainment, Inc. (NYSE:LYV - Free Report).

Institutional Ownership by Quarter for Live Nation Entertainment (NYSE:LYV)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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