Livexlive Media Inc (NASDAQ:LIVX) CEO Robert S. Ellin acquired 5,036 shares of Livexlive Media stock in a transaction that occurred on Thursday, August 15th. The stock was acquired at an average cost of $2.64 per share, for a total transaction of $13,295.04. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

LIVX traded down $0.30 during trading on Friday, reaching $2.38. 123,700 shares of the stock traded hands, compared to its average volume of 135,809. The company has a quick ratio of 0.57, a current ratio of 0.43 and a debt-to-equity ratio of 8.14. The stock has a market capitalization of $137.09 million, a PE ratio of -3.31 and a beta of 1.37. The stock’s 50-day moving average is $2.93 and its 200 day moving average is $4.45. Livexlive Media Inc has a 12 month low of $2.12 and a 12 month high of $7.23.

Livexlive Media (NASDAQ:LIVX) last issued its quarterly earnings results on Tuesday, August 6th. The company reported ($0.21) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.02). The firm had revenue of $9.50 million for the quarter, compared to the consensus estimate of $10.00 million. Livexlive Media had a negative net margin of 105.60% and a negative return on equity of 297.90%. As a group, equities research analysts anticipate that Livexlive Media Inc will post -0.57 EPS for the current year.

A number of analysts have commented on the stock. Zacks Investment Research cut shares of Livexlive Media from a “hold” rating to a “sell” rating in a research report on Saturday, June 15th. HC Wainwright reaffirmed a “buy” rating and set a $6.00 price target on shares of Livexlive Media in a research report on Friday, June 14th. ValuEngine raised shares of Livexlive Media from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, Maxim Group set a $8.00 price target on shares of Livexlive Media and gave the company a “buy” rating in a research report on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. Livexlive Media has an average rating of “Buy” and a consensus price target of $6.56.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Deutsche Bank AG boosted its position in Livexlive Media by 9.3% during the fourth quarter. Deutsche Bank AG now owns 38,553 shares of the company’s stock valued at $190,000 after acquiring an additional 3,288 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Livexlive Media by 8.2% during the second quarter. Charles Schwab Investment Management Inc. now owns 71,026 shares of the company’s stock valued at $295,000 after acquiring an additional 5,394 shares during the last quarter. Northern Trust Corp boosted its position in shares of Livexlive Media by 2.3% during the 2nd quarter. Northern Trust Corp now owns 302,615 shares of the company’s stock worth $1,256,000 after purchasing an additional 6,841 shares in the last quarter. BNP Paribas Arbitrage SA boosted its position in shares of Livexlive Media by 8,784.7% during the 1st quarter. BNP Paribas Arbitrage SA now owns 7,552 shares of the company’s stock worth $41,000 after purchasing an additional 7,467 shares in the last quarter. Finally, Susquehanna International Group LLP bought a new position in shares of Livexlive Media during the 2nd quarter worth about $44,000. 22.13% of the stock is currently owned by institutional investors and hedge funds.

Livexlive Media Company Profile

LiveXLive Media, Inc engages in the acquisition, distribution, and monetization of live music, Internet radio, and music-related streaming and video content. The company operates LiveXLive, a live music streaming platform, as well as Slacker Radio, a streaming music service; and produces original music-related content.

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Insider Buying and Selling by Quarter for Livexlive Media (NASDAQ:LIVX)

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