Are Insiders Shedding Shares of Live Nation Entertainment, Inc. (NYSE:LYV)?

Insiders at Live Nation Entertainment, Inc. (NYSE:LYV) have decreased their position in the stock by -38.65% over the past 6 months, according to the latest SEC Filings.  Insiders now own 0.80% of total outstanding shares.

Live Nation Entertainment, Inc. (NYSE:LYV) stands 4.07% away from its 50-day simple moving average and also 18.82% away from the 200-day average.  Recently, the equity stands -4.28% away from the 52-week high and 57.09% from the 52-week low.  The RSI (Relative Strength Index), an indicator that shows price strength by comparing upward and downward close-to-close movements is 51.66.

The consensus analysts recommendation at this point stands at 1.60 for Live Nation Entertainment, Inc..  This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. Further, analysts have a 12 month target price of $37.33 on company shares.  This is according to the analysts polled by Thomson Reuters which have recently published research reports on the firm. 

Leave A Reply

Your email address will not be published.