LYV Live Nation Entertainment, Inc. Insider Trading

EVP & General Counsel Rowles executes full-cycle wash: 63.8K shares acquired then immediately sold for $10.5M net gain.

Michael Rowles, EVP & General Counsel of Live Nation, exercised options for nearly 64,000 shares and sold all of them the same day, netting approximately $10.5 million. This is a classic stock-option exercise-and-liquidate pattern—the insider acquired shares via equity compensation, then immediately sold them at higher prices, realizing a substantial gain. The stock is trading modestly below its 52-week high after rallying over recent months, suggesting no distress sale. Rowles' prior trading history at this ticker is exclusively sales (5 prior exits), and those sales had mixed timing results: most saw the stock rise afterward (poorly-timed exits), though one prior sale proved well-timed as the stock subsequently fell. This current transaction is fundamentally different—it reflects option vesting and liquidity needs rather than a market view. The company itself remains profitable and growing, with strong recent revenue momentum.

EVP exercises stock options and executes substantial sale; net seller despite acquisitions as stock rallies from prior lows.

John Hopmans, EVP of M&A and Strategic Finance at Live Nation, exercised stock options on the same day he sold shares totaling approximately $15.5 million, leaving him a net seller of roughly 9,600 shares. While the option exercise (44% of his holdings) is significant in absolute terms, the overwhelming volume of simultaneous sales—nearly 94,000 shares across six separate transactions—indicates a rebalancing rather than a vote of confidence. His prior sale activity at this ticker produced mixed timing outcomes: well-timed in the near term but poorly timed over a longer horizon, suggesting inconsistent market judgment. The stock has recovered notably from its recent lows and trades slightly below its twelve-month high, making this a sale into relative strength. As an executive overseeing corporate development and financial strategy, Hopmans likely has visibility into near-term activity; a large net disposition during a period of stock strength warrants attention to whether material events are on the horizon.

EVP John Hopmans sold 34,808 LYV shares at $147.38 on 2025-05-16; stock at $146.29 today (-5.4% from 52-week high).

Hopmans, EVP of M&A and Strategic Finance at Live Nation Entertainment, executed a sale of 34,808 shares for $5,130,003.04, reducing his holdings by 15.5% from 224,264 to 189,456 shares. The transaction occurred at $147.38, near the stock's 52-week high of $154.66, during a period of strong 30-day momentum (+15.0%) but modest weakness over 90 days (-4.8%). His remaining stake of 189,456 shares represents material exposure to the company despite the sale. The sale's proximity to the 52-week peak merits review in context of any forward-looking guidance or capital allocation decisions.

LYV EVP & General Counsel Rowles sells 91,964 shares for $14.1M across 4 trades (Feb 24-25); -32.0% of holdings

Michael Rowles, EVP & General Counsel, executed 4 separate sales totaling 91,964 shares for $14,055,302.38 between February 24-25, reducing his stake from 287,310 shares to 195,346 shares—a 32.0% reduction in holdings. The blended average sale price of $152.83 is near the 52-week high of $154.66, suggesting execution at elevated valuations; the current price of $142.16 represents an 8.1% discount from the 52-week peak. Rowles' prior two sales at LYV both saw positive 90-day returns (17.6% and 6.2%), indicating his historical timing at this ticker has not predicted declines. With a P/E of 40.62 and annual revenue growth of only 1.8%, the stock trades at a premium multiple against modest organic growth, which may provide context for the liquidation's timing and scale.

LYV President & CFO Joe Berchtold sold 29,310 shares for $2,857,675.92; holdings reduce to 566.7K shares (-4.9%)

Joe Berchtold sold 29,310 shares in 2 separate transactions at blended average price $97.50 on 2024-09-12, reducing his holdings from 596,032 shares to 566,722 shares. At the current price of $97.27, the stock is -8.9% from its 52-week high of $106.81, and has risen +5.9% over the past 30 days and +9.6% over 90 days. Berchtold's prior 5 sales at LYV all showed negative 30-day returns (-0.6% to -2.7%) but positive 90-day returns (+11.0% to +14.4%), with 0 of 5 prior sales well-timed at the 90-day mark. The sale size represents a -4.9% reduction in Berchtold's stake in a company with $6.0B in revenue, 36.4% annual revenue growth, and a P/E of 43.04.

EVP & General Counsel Rowles sells 35,000 LYV shares at $97.64; stock up 9.6% in 90 days post-sale.

Rowles Michael, EVP & General Counsel, sold 35,000 shares (167.4K shares remaining, a -17.3% reduction in holdings) at $97.64 on 2024-09-11 for $3.4M. The company generated $6.0B in revenue and 36.4% annual revenue growth, operating at a P/E of 43.04 and market cap of $22.6B. Following this sale, the stock gained 9.6% over the subsequent 90 days, consistent with his prior LYV sale on 2023-05-08 which saw a +12.5% 90-day return. His cross-ticker track record shows 0 of 1 prior sells were well-timed (sells are well-timed when stocks decline afterward), suggesting a pattern of selling into strength rather than ahead of weakness.

LYV CEO Rapino sells 98,849 shares at $97.50 for $9.6M, reducing stake to 3.70M shares

Michael Rapino, LYV's President & CEO, sold 98,849 shares at $97.50 on 2024-09-12, generating $9,637,777.50 in proceeds and reducing his holding from 3,800,964 to 3.70M shares (a -2.6% reduction in post-transaction holdings). The sale occurred when LYV was trading near year-to-date highs—$97.50 is 8.9% below the 52-week high of $106.81, but the stock had posted robust 30-day (+5.9%) and 90-day (+9.6%) gains leading into the transaction. With the company reporting strong fundamentals—$6.0B in latest quarterly revenue, $298.0M net income, and 36.4% annual revenue growth—and a P/E of 43.04, the timing and scale of this insider sale merit investor attention as a data point on executive positioning during a period of strong stock performance and elevated valuations.