Price T Rowe Associates Inc. MD Grows Position in LiveOne, Inc. (NASDAQ:LVO)

Price T Rowe Associates Inc. MD grew its holdings in shares of LiveOne, Inc. (NASDAQ:LVO) by 63.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,954 shares of the company’s stock after buying an additional 13,900 shares during the quarter. Price T Rowe Associates Inc. MD’s holdings in LiveOne were worth $53,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Fleming James B JR acquired a new stake in LiveOne in the fourth quarter valued at $2,699,000. JPMorgan Chase & Co. grew its position in LiveOne by 678.0% in the 4th quarter. JPMorgan Chase & Co. now owns 255,066 shares of the company’s stock valued at $375,000 after buying an additional 222,282 shares in the last quarter. Bank of New York Mellon Corp grew its position in LiveOne by 6.8% in the 4th quarter. Bank of New York Mellon Corp now owns 163,787 shares of the company’s stock valued at $241,000 after buying an additional 10,425 shares in the last quarter. Barclays PLC lifted its holdings in LiveOne by 10.9% in the 4th quarter. Barclays PLC now owns 117,956 shares of the company’s stock valued at $173,000 after acquiring an additional 11,548 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in LiveOne in the 4th quarter valued at about $88,000. 21.25% of the stock is currently owned by hedge funds and other institutional investors.

LiveOne Trading Up 6.2%

LVO stock opened at $0.96 on Monday. LiveOne, Inc. has a one year low of $0.55 and a one year high of $1.89. The firm has a market capitalization of $91.84 million, a PE ratio of -7.35 and a beta of 1.76. The firm has a 50-day moving average of $0.71 and a two-hundred day moving average of $0.92.

LiveOne (NASDAQ:LVO) last posted its quarterly earnings data on Thursday, February 13th. The company reported ($0.03) EPS for the quarter, meeting analysts’ consensus estimates of ($0.03). The firm had revenue of $29.45 million for the quarter, compared to analysts’ expectations of $32.69 million. On average, equities research analysts anticipate that LiveOne, Inc. will post -0.1 earnings per share for the current year.

About LiveOne

LiveOne, Inc, a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting/vodcasting, and music-related streaming and video content. It operates LiveXLive, a live music streaming platform; PodcastOne, a podcasting platform; and Slacker, an integrated membership and advertising streaming music service, as well as produces original music-related content.