Reside Nation Leisure, Inc. (NYSE: LYV) insiders offered $ 4.2 million value of shares, doubtlessly suggesting future weak point
Many Live Nation Entertainment, Inc. (NYSE: LYV) Insiders ditched their shares over the past year, which may be of interest to the company’s shareholders. Knowing whether insiders are buying is usually more helpful when evaluating insider trading, as insider selling can have a variety of explanations. However, if multiple Insiders are selling stocks over a period of time, shareholders should be aware as it could potentially be a red flag.
While we do not believe that shareholders should simply follow insider dealings, we think it is foolish to ignore insider dealings entirely.
Check out our latest analysis for Live Nation Entertainment
Live Nation Entertainment insider deals last year
The insider’s biggest single sale in the past twelve months was when Executive VP, Michael Rowles, sold $ 3.3 million of shares at $ 91.66 per share. While we don’t typically see inside sales, it’s more worrying when the sales are at a lower price. The silver lining is that this sell off was above last price ($ 80.20). So it may not shed much light on insider confidence at its current level.
Live Nation Entertainment insiders didn’t buy any shares in the past year. You can see insider transactions (by companies and individuals) over the past year in the graph below. If you want to know exactly who sold how much when, just click on the graphic below!
NYSE: LYV Insider Trading Volume August 22, 2021
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Does Live Nation Entertainment have high insider ownership?
For a common stockholder, it is worth checking how many shares are held by company insiders. We usually see a relatively high percentage of inside ownership. Live Nation Entertainment insiders own approximately $ 370 million in shares (that’s 2.1% of the company). I like to see this level of inside ownership because it increases the chances that management will think in the best interests of shareholders.
What does this data say about Live Nation Entertainment Insider?
There has been no insider trading in the past three months – that doesn’t mean much. It’s great to see high levels of insider ownership, but when we look back on the past year, we don’t gain confidence in sales from Live Nation Entertainment insiders. So it is helpful to know what insiders are doing in relation to buying or selling, but it is also helpful to know the risks a particular company faces. You’d be interested that we found 1 warning sign for Live Nation Entertainment and we encourage you to take a look.
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For the purposes of this article, insiders are persons who report their transactions to the competent supervisory authority. We currently account for open market transactions and private dispositions, but no derivative transactions.
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