The Manufacturers Life Insurance Company Sells 6,639 Shares of Live Nation Entertainment, Inc. $LYV

The Manufacturers Life Insurance Company lowered its stake in Live Nation Entertainment, Inc. (NYSE:LYV) by 7.2% during the 1st quarter, HoldingsChannel.com reports. The fund owned 85,070 shares of the company’s stock after selling 6,639 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Live Nation Entertainment were worth $12,974,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Quantinno Capital Management LP raised its stake in Live Nation Entertainment by 12.1% in the first quarter. Quantinno Capital Management LP now owns 114,421 shares of the company’s stock worth $17,450,000 after buying an additional 12,347 shares in the last quarter. SummitTX Capital L.P. bought a new stake in Live Nation Entertainment during the 1st quarter valued at approximately $5,818,000. Gateway Wealth Partners LLC purchased a new position in shares of Live Nation Entertainment during the 1st quarter worth approximately $313,000. Troluce Capital Advisors LLC purchased a new position in shares of Live Nation Entertainment during the 1st quarter worth approximately $50,328,000. Finally, Visualize Group LP bought a new position in shares of Live Nation Entertainment in the 1st quarter worth approximately $14,934,000. Institutional investors own 74.52% of the company’s stock.

Insider Transactions at Live Nation Entertainment

In related news, EVP John Hopmans sold 93,078 shares of the stock in a transaction dated 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 sale, the executive vice president directly owned 188,751 shares of the company’s stock, valued at approximately $31,345,878.57. This represents a 33.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Michael Rowles sold 63,776 shares of Live Nation Entertainment stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $164.24, for a total transaction of $10,474,570.24. Following the completion of the transaction, the executive vice president directly owned 204,716 shares of the company’s stock, valued at $33,622,555.84. This trade represents a 23.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.89% of the company’s stock.

Live Nation Entertainment News Summary

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

• Positive Sentiment: Live Nation reported second-quarter revenue of approximately $7.67 billion, up 9.4% year over year and above the $7.56 billion consensus estimate. Adjusted earnings of $1.05 per share also exceeded expectations, while results benefited from record attendance, Ticketmaster growth, sponsorship gains and strong international demand. Live Nation beats quarterly revenue estimates on resilient concert demand
• Positive Sentiment: Management reportedly raised full-year expectations, and analysts at Benchmark and BTIG maintained bullish views with $215 price targets. Susquehanna also increased its target to $187, although it retained a neutral rating. Analyst price-target updates
• Neutral Sentiment: The quarter showed strong demand but a mixed profit profile: adjusted operating income rose only 2% to $817 million, while concerts adjusted operating income declined 14%. Management expects much of the concerts segment’s improvement to arrive in the fourth quarter, making the earnings outlook unusually back-end loaded. Live Nation’s 2026 Inflection Point Tests Demand Against Execution
• Negative Sentiment: Investors may be taking profits because the stock recently traded near its 52-week high while its valuation remains demanding. Analysts also cited cost pressures, venue pre-opening expenses, international festival investments, substantial leverage and ongoing legal uncertainty as risks to future returns. Is LYV Stock Overvalued After Its Strong Rally and Earnings Beat?

Live Nation Entertainment Stock Up 0.2%

LYV stock opened at $174.46 on Monday. The business has a 50 day moving average of $175.01 and a 200 day moving average of $162.38. The firm has a market cap of $41.09 billion, a PE ratio of -154.38 and a beta of 1.11. Live Nation Entertainment, Inc. has a twelve month low of $125.34 and a twelve month high of $188.00. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 8.25.

Live Nation Entertainment (NYSE:LYV) last released its earnings results on Thursday, July 30th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.66 by $0.39. Live Nation Entertainment had a return on equity of 54.61% and a net margin of 0.34%.The business had revenue of $7.67 billion for the quarter, compared to the consensus estimate of $7.56 billion. During the same period in the previous year, the company posted $0.41 earnings per share. The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. On average, research analysts forecast that Live Nation Entertainment, Inc. will post 0.94 EPS for the current fiscal year.

Analyst Ratings Changes

LYV has been the topic of several research reports. Wells Fargo & Company lifted their price target on Live Nation Entertainment from $199.00 to $222.00 and gave the company an “overweight” rating in a research report on Thursday, July 9th. Morgan Stanley increased their price objective on Live Nation Entertainment from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. Susquehanna raised their price objective on Live Nation Entertainment from $186.00 to $187.00 and gave the company a “neutral” rating in a research report on Friday. Roth Capital set a $208.00 target price on shares of Live Nation Entertainment in a research report on Friday. Finally, Citigroup reiterated a “market outperform” rating on shares of Live Nation Entertainment in a research note on Wednesday, July 22nd. Twenty equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Live Nation Entertainment has an average rating of “Moderate Buy” and an average target price of $195.71.

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.