Livexlive Media Inc (LIVX) CEO Robert S. Ellin Purchases 2,000 Shares

Livexlive Media Inc (OTCMKTS:LIVX) CEO Robert S. Ellin bought 2,000 shares of the company’s stock in a transaction dated Friday, November 30th. The shares were purchased at an average cost of $5.07 per share, with a total value of $10,140.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

LIVX stock opened at $5.47 on Tuesday. Livexlive Media Inc has a 52 week low of $2.52 and a 52 week high of $11.11.

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

A number of research analysts recently commented on the company. Zacks Investment Research raised Livexlive Media from a “sell” rating to a “hold” rating in a research note on Wednesday, October 17th. HC Wainwright assumed coverage on Livexlive Media in a research note on Friday, October 19th. They issued a “buy” rating and a $6.00 price target for the company. 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.

Hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp acquired a new position in Livexlive Media during the second quarter worth about $109,000. Balter Liquid Alternatives LLC acquired a new position in Livexlive Media during the second quarter worth about $145,000. Millennium Management LLC acquired a new position in Livexlive Media during the first quarter worth about $268,000. Northern Trust Corp acquired a new position in Livexlive Media during the second quarter worth about $373,000. Finally, BlackRock Inc. acquired a new position in Livexlive Media during the second quarter worth about $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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