Live Nation slides after jury finds Ticketmaster monopoly in antitrust trial

Live Nation Entertainment (LYV) is down 6.3% today. Here is some analysis on what might have caused this price movement.

Analysis: LYV appears to be falling after a jury verdict in a major antitrust case found Live Nation and its Ticketmaster unit liable for anticompetitive conduct. Investors may be pricing in the risk of damages, penalties, and behavioral or structural remedies that could pressure future profit margins and reduce Ticketmaster’s leverage with venues.

Details:

A Manhattan federal jury found Live Nation and Ticketmaster violated antitrust laws tied to alleged monopoly power in large concert venues and related live-event markets.

The case is expected to move into a remedies phase, where the court will address damages and potential penalties and restrictions on business practices.

Possible outcomes being discussed publicly include monetary damages and court-ordered changes that could include divestitures or limits on contracting, which would add uncertainty to the company’s longer-term earnings outlook.

The decision follows a period of heightened regulatory scrutiny and litigation activity around Live Nation’s vertical integration across promotion, venues, and ticketing.

Sources:

Associated Press, Axios, Harvard Gazette

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$LYV Insider Trading Activity

$LYV insiders have traded $LYV stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $LYV stock by insiders over the last 6 months:

JEFFREY T. HINSON sold 944 shares for an estimated $156,581

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$LYV Hedge Fund Activity

We have seen 351 institutional investors add shares of $LYV stock to their portfolio, and 378 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

WELLINGTON MANAGEMENT GROUP LLP removed 2,999,648 shares (-54.0%) from their portfolio in Q4 2025, for an estimated $427,449,840
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 2,002,769 shares (-74.9%) from their portfolio in Q4 2025, for an estimated $285,394,582
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added 1,830,819 shares (+45724.8%) to their portfolio in Q4 2025, for an estimated $260,891,707
CAPITAL WORLD INVESTORS added 1,774,145 shares (+34.5%) to their portfolio in Q4 2025, for an estimated $252,815,662
STATE STREET CORP removed 1,695,927 shares (-13.2%) from their portfolio in Q4 2025, for an estimated $241,669,597
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC removed 1,400,174 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $199,524,795
MORGAN STANLEY removed 1,363,235 shares (-28.0%) from their portfolio in Q4 2025, for an estimated $194,260,987

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$LYV Congressional Stock Trading

Members of Congress have traded $LYV stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $LYV stock by members of Congress over the last 6 months:

REPRESENTATIVE APRIL MCCLAIN DELANEY purchased up to $15,000 on 12/02.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$LYV Analyst Ratings

Wall Street analysts have issued reports on $LYV in the last several months. We have seen 8 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

UBS issued a "Buy" rating on 11/25/2025
Guggenheim issued a "Buy" rating on 11/18/2025
Evercore ISI Group issued a "Outperform" rating on 11/05/2025
Morgan Stanley issued a "Overweight" rating on 11/05/2025
JP Morgan issued a "Overweight" rating on 11/05/2025
Susquehanna issued a "Positive" rating on 11/03/2025
Deutsche Bank issued a "Buy" rating on 10/23/2025

To track analyst ratings and price targets for $LYV, check out Quiver Quantitative's $LYV forecast page.

$LYV Price Targets

Multiple analysts have issued price targets for $LYV recently. We have seen 15 analysts offer price targets for $LYV in the last 6 months, with a median target of $181.0.

Here are some recent targets:

Curry Baker from Guggenheim set a target price of $192.0 on 04/06/2026
Steven Cahall from Wells Fargo set a target price of $203.0 on 04/02/2026
Matthew Condon from Citizens set a target price of $190.0 on 03/30/2026
Stephen Laszczyk from Goldman Sachs set a target price of $190.0 on 03/12/2026
Ed Vyvyan from Rothschild & Co set a target price of $193.0 on 02/27/2026
Peter Henderson from B of A Securities set a target price of $180.0 on 02/20/2026
Ashton Welles from Evercore ISI Group set a target price of $198.0 on 02/20/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.