Robert S. Ellin Purchases 3,900 Shares of Livexlive Media Inc (LIVX) Stock

Livexlive Media Inc (OTCMKTS:LIVX) CEO Robert S. Ellin purchased 3,900 shares of the firm’s stock in a transaction that occurred on Wednesday, November 21st. The stock was bought at an average cost of $4.11 per share, for a total transaction of $16,029.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.

LIVX stock traded up $0.13 during trading on Friday, hitting $4.35. The company had a trading volume of 9,888 shares, compared to its average volume of 76,683. Livexlive Media Inc has a fifty-two week low of $2.52 and a fifty-two week high of $11.11.

Livexlive Media (OTCMKTS:LIVX) last posted its quarterly earnings data on Wednesday, November 14th. The company reported ($0.20) EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.02. The business had revenue of $7.97 million during the quarter, compared to analyst estimates of $8.20 million.

LIVX has been the topic of several recent analyst reports. Zacks Investment Research raised Livexlive Media from a “sell” rating to a “hold” rating in a research note on Saturday, September 29th. HC Wainwright initiated coverage on Livexlive Media in a research note on Friday, October 19th. They issued a “buy” rating and a $6.00 price target on the stock. Finally, JMP Securities boosted their price target on Livexlive Media from $5.00 to $6.00 and gave the company a “market outperform” rating in a research note on Friday, August 17th.

A number of institutional investors have recently bought and sold shares of LIVX. Bank of New York Mellon Corp acquired a new position in Livexlive Media in the second quarter worth $109,000. Balter Liquid Alternatives LLC acquired a new position in Livexlive Media in the second quarter worth $145,000. Millennium Management LLC acquired a new position in Livexlive Media in the first quarter worth $268,000. Northern Trust Corp acquired a new position in Livexlive Media in the second quarter worth $373,000. Finally, BlackRock Inc. acquired a new position in Livexlive Media in the second quarter worth $3,142,000.

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Livexlive Media Company Profile

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

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