CIBC World Market Inc. significantly reduced its stake in Live Nation Entertainment ($LYV) by 75.3% in Q3, selling 99,778 shares and now holding 32,669 shares valued at $5.34 million. Despite this, institutional ownership remains high at 74.52%, with other firms like Principal Financial Group increasing their positions. Analysts have a consensus “Moderate Buy” rating for LYV with an average target price of $172.45.
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Cibc World Market Inc. Has $5.34 Million Stock Holdings in Live Nation Entertainment, Inc. $LYV
CIBC World Market Inc. significantly reduced its stake in Live Nation Entertainment ($LYV) by 75.3% in Q3, selling 99,778 shares and now holding 32,669 shares valued at $5.34 million. Despite this, institutional ownership remains high at 74.52%, with other firms like Principal Financial Group increasing their positions. Analysts have a consensus “Moderate Buy” rating for LYV with an average target price of $172.45.