Rep. April McClain Delaney Sells Live Nation Entertainment, Inc. (NYSE:LYV) Stock

Representative April McClain Delaney (D-Maryland) recently sold shares of Live Nation Entertainment, Inc. (NYSE:LYV). In a filing disclosed on March 20th, the Representative disclosed that they had sold between $1,001 and $15,000 in Live Nation Entertainment stock on February 14th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Revvity (NYSE:RVTY) on 2/28/2025.
• Purchased $1,001 – $15,000 in shares of Laboratory Co. of America (NYSE:LH) on 2/28/2025.
• Purchased $15,001 – $50,000 in shares of Corpay (NYSE:CPAY) on 2/28/2025.
• Sold $1,001 – $15,000 in shares of Tempur Sealy International (NYSE:TPX) on 2/28/2025.
• Purchased $1,001 – $15,000 in shares of CACI International (NYSE:CACI) on 2/27/2025.
• Purchased $1,001 – $15,000 in shares of Laboratory Co. of America (NYSE:LH) on 2/27/2025.
• Purchased $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 2/27/2025.
• Sold $15,001 – $50,000 in shares of Teledyne Technologies (NYSE:TDY) on 2/22/2025.
• Purchased $1,001 – $15,000 in shares of Corpay (NYSE:CPAY) on 2/22/2025.
• Sold $1,001 – $15,000 in shares of Tempur Sealy International (NYSE:TPX) on 2/22/2025.

Live Nation Entertainment Stock Up 0.6 %

LYV opened at $122.93 on Friday. Live Nation Entertainment, Inc. has a fifty-two week low of $86.81 and a fifty-two week high of $157.75. The company has a debt-to-equity ratio of 6.10, a quick ratio of 1.01 and a current ratio of 1.01. The company has a fifty day moving average of $138.74 and a two-hundred day moving average of $127.26. The stock has a market capitalization of $28.69 billion, a price-to-earnings ratio of 45.20, a PEG ratio of 1.81 and a beta of 1.38.

Live Nation Entertainment (NYSE:LYV) last released its quarterly earnings data on Thursday, February 27th. The company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $5.68 billion during the quarter, compared to analysts’ expectations of $5.67 billion. On average, research analysts expect that Live Nation Entertainment, Inc. will post 2.38 earnings per share for the current year.

Hedge Funds Weigh In On Live Nation Entertainment

Large investors have recently made changes to their positions in the stock. Measured Risk Portfolios Inc. acquired a new position in shares of Live Nation Entertainment in the 4th quarter worth approximately $29,000. Brooklyn Investment Group acquired a new position in shares of Live Nation Entertainment in the 3rd quarter worth approximately $31,000. Murphy & Mullick Capital Management Corp acquired a new position in shares of Live Nation Entertainment in the 4th quarter worth approximately $40,000. Golden State Wealth Management LLC purchased a new stake in Live Nation Entertainment during the 4th quarter worth approximately $42,000. Finally, Retirement Wealth Solutions LLC purchased a new stake in Live Nation Entertainment during the 4th quarter worth approximately $44,000. 74.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Live Nation Entertainment news, CAO Brian Capo sold 5,066 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $123.24, for a total value of $624,333.84. Following the sale, the chief accounting officer now directly owns 10,549 shares of the company’s stock, valued at approximately $1,300,058.76. This represents a 32.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Michael Rowles sold 63,136 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $155.40, for a total transaction 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 approximately $30,356,768.40. This represents a 24.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 68,702 shares of company stock valued at $10,497,143 in the last ninety days. Company insiders own 2.72% of the company’s stock.

Analyst Upgrades and Downgrades

LYV has been the subject of a number of research reports. Roth Mkm boosted their target price on shares of Live Nation Entertainment from $152.00 to $174.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Rosenblatt Securities reissued a “buy” rating and set a $146.00 target price on shares of Live Nation Entertainment in a research note on Tuesday, February 18th. Bank of America boosted 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. Macquarie boosted their target price on shares of Live Nation Entertainment from $146.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday, March 6th. Finally, Guggenheim boosted their target price on shares of Live Nation Entertainment from $146.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, December 4th. Two equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $157.27.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

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.