Livexlive Media Inc (LIVX) CEO Robert S. Ellin Buys 6,700 Shares
Livexlive Media Inc (OTCMKTS:LIVX) CEO Robert S. Ellin purchased 6,700 shares of Livexlive Media stock in a transaction on Friday, September 14th. The shares were acquired at an average cost of $4.90 per share, with a total value of $32,830.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
OTCMKTS:LIVX opened at $4.66 on Tuesday. Livexlive Media Inc has a 1-year low of $3.43 and a 1-year high of $11.11.
Livexlive Media (OTCMKTS:LIVX) last posted its earnings results on Tuesday, August 14th. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.09). The firm had revenue of $7.59 million for the quarter, compared to analysts’ expectations of $7.70 million.
Several equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Livexlive Media from a “sell” rating to a “hold” rating in a report on Thursday, August 30th. JMP Securities lifted their target price on shares of Livexlive Media from $5.00 to $6.00 and gave the company a “market outperform” rating in a report on Friday, August 17th.
About Livexlive Media
LiveXLive Media, Inc, formerly Loton, Corp., is global music streaming network company. The Company is focused on live music and music-related video content. It operates an online destination for music fans to enjoy live performances from music venues and music festivals around the world, such as Rock in Rio, Outside Lands Music and Arts Festival and Hangout Music Festival, as well as original content, artist exclusives and industry interviews.
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