In a filing, Live Nation Entertainment Inc revealed its Officer Capo Brian acquired Company’s shares for reported $0.62 million on Mar 11 ’25. In the deal valued at $123.24 per share,5,066 shares were bought.
Then, Rowles Michael sold 63,136 shares, generating $9,811,334 in total proceeds. Upon selling the shares at $155.40, the EVP & General Counsel now owns 195,346 shares.
Before that, Rowles Michael sold 28,828 shares. Live Nation Entertainment Inc shares valued at $4,243,968 were divested by the EVP & General Counsel at a price of $147.22 per share. As a result of the transaction, Rowles Michael now holds 195,346 shares, worth roughly $23.76 million.
BofA Securities initiated its Live Nation Entertainment Inc [LYV] rating to a Buy in a research note published on September 04, 2024; the price target was $125. A number of analysts have revised their coverage, including Northcoast’s analysts, who decreased its forecast for the stock in late May from “a Buy” to “a Neutral”. Redburn Atlantic also remained covering LYV and has increased its forecast on May 09, 2024 with a “Buy” recommendation from previously “Neutral” rating. Deutsche Bank started covering the stock on April 30, 2024. It rated LYV as “a Buy”.
Price Performance Review of LYV
On Tuesday, Live Nation Entertainment Inc [NYSE:LYV] saw its stock fall -0.94% to $121.64. Over the last five days, the stock has lost -11.95%. Live Nation Entertainment Inc shares have fallen nearly -6.07% since the year began. Nevertheless, the stocks have risen 21.02% over the past one year. While a 52-week high of $157.75 was reached on 02/21/25, a 52-week low of $86.81 was recorded on 03/11/25. SMA at 50 days reached $139.71, while 200 days put it at $115.53.
Levels Of Support And Resistance For LYV Stock
The 24-hour chart illustrates a support level at 119.46, which if violated will result in even more drops to 117.28. On the upside, there is a resistance level at 124.62. A further resistance level may holdings at 127.60. The Relative Strength Index (RSI) on the 14-day chart is 23.88, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -15.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.32%. Stochastics %K at 7.69% indicates the stock is a buying.
