Live Nation Entertainment stock is trading -26.4% below its average target price of $110.61 after dropping -3.2% during today's evening session. Analysts are giving the large-cap Leisure company an average rating of buy and target prices ranging from $85.0 to $128.0 per share.
Live Nation Entertainment has an average level of shares sold short, at 7.6% of its total share float. The stock's short ratio (also called days to cover) is 5.66. The company's insiders own 32.26% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 71.6% of Live Nation Entertainment's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Live Nation Entertainment
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 8% | 17,970,846 | $1,463,006,638 |
| 2023-09-30 | Blackrock Inc. | 6% | 13,046,932 | $1,062,150,781 |
| 2023-09-30 | Public Investment Fund | 5% | 12,565,167 | $1,022,930,291 |
| 2023-09-30 | Select Equity Group, Inc. | 5% | 11,125,421 | $905,720,564 |
| 2023-09-30 | Canada Pension Plan Investment Board | 4% | 8,801,337 | $716,516,877 |
| 2023-09-30 | Principal Financial Group, Inc. | 3% | 7,108,633 | $578,713,838 |
| 2023-09-30 | State Street Corporation | 3% | 6,885,936 | $560,584,074 |
| 2023-09-30 | Amundi | 2% | 4,130,721 | $336,282,011 |
| 2023-09-30 | Lone Pine Capital Llc | 2% | 3,713,477 | $302,314,176 |
| 2023-09-30 | Geode Capital Management, LLC | 1% | 3,122,078 | $254,168,381 |
