Live Nation Entertainment, Inc. (LYV) Files Form 4 Insider Selling : Robert Ted Iii Enloe Sells 5,363 Shares

Live Nation Entertainment, Inc. (LYV): Robert Ted Iii Enloe , director of Live Nation Entertainment, Inc. sold 5,363 shares on Jun 13, 2016. The Insider selling transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were sold at $23.54 per share for a total value of $126,245.02 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 12, 2015, Jeffrey T. Hinson (director) sold 10,000 shares at $26.59 per share price.On Nov 4, 2015, Randall Thomas Mays (director) sold 50,000 shares at $27.00 per share price.Also, On Jun 11, 2015, Brian Capo (Chief Accounting Officer) sold 7,500 shares at $28.95 per share price.On Jun 11, 2015, Robert Ted Iii Enloe (director) sold 6,446 shares at $28.98 per share price.

Live Nation Entertainment: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in Live Nation Entertainment which led to swings in the share price. The shares opened for trading at $23.39 and hit $23.725 on the upside , eventually ending the session at $23.55, with a gain of 0.86% or 0.2 points. The heightened volatility saw the trading volume jump to 15,95,719 shares. The 52-week high of the share price is $29.68 and the company has a market cap of $4,779 M . The 52-week low of the share price is at $18.77.

Live Nation Entertainment Money Flow Index Chart

Company has been under the radar of several Street Analysts.Live Nation Entertainment is Upgraded by Northcoast to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 2, 2016.Live Nation Entertainment is Initiated by BTIG Research to Neutral. The Rating was issued on Mar 29, 2016.

Live Nation Entertainment Inc. (Live Nation) is a live entertainment company. The Company core businesses consist of the promotion of live events including ticketing sponsorship and advertising and artist management. The Company operates through four segments: segments are Concerts Ticketing Artist Nation and Sponsorship & Advertising. It connects around 519 million fans across its platforms in 33 countries. The Company is a producer of live music concerts around the world that connects nearly 59 million fans to almost 23000 events for over 2700 artists. The Concerts segment is involved in the global promotion of live music events. The Ticketing segment is primarily an agency business that sells tickets for events. The Artist Nation segment is a provider of management services to music artists. The Sponsorship & Advertising segment through a sales force creates and maintains relationships with sponsors to allow businesses to reach customers.

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