LiveXLive Media Inc. (LIVX) And Bed Bath & Beyond Inc. (BBBY) Among Headliners

LiveXLive Media Inc. (NASDAQ: LIVX) shares are 44.98% up in the year-to-date (YTD) period and have moved 13.84% or $0.31 higher in the latest trading session. Comparatively, the stock is up 68.42% over the trailing 3-month period. If we look at the shorter duration, its week performance is 1.82% and 56.64% over the month.

Analyst Recommendations

On November 08, 2019, Ladenburg Thalmann recommended the LIVX stock is a Buy, while earlier, DA Davidson had Initiated the stock as a Buy on December 20, 2019.

The stock currently trades at $2.55 and analysts tracking its performance over the next 12 months have a consensus estimate price target of $4.94. The consensus price target represents an upside potential 48.38.

Earnings Forecast

Analysts estimate the earnings to increase 6.30% in the current quarter to -$0.14, up from the -$0.19 reported in the same quarter a year ago. For the current year, earnings should grow to an average of -$0.7, up 15.30% from -$0.72 reported last year. Analysts also offered guidance for the next financial quarter, with their average projected EPS at between -$0.16 and -$0.13. Wall Street estimates earnings per share to be at an average of -$0.49 for the next year.

Insider Transactions Summary

According to SEC data, total insider shares purchases at the company stands at 50 over the last 12 months, while SEC filings reveal that there have been 0 insider sales over the same period. Insiders have purchases 99,079 shares while those sold by company executives and officers stand at 0. The last 3 months have seen insiders trade a total of 0 and 0 in purchases and sales respectively.

ELLIN ROBERT S, a CEO & Chairman at the company, sold 96 shares worth $129.0 at $1.34 per share on Mar 05. The CEO & Chairman had earlier sold another 82 LIVX shares valued at $131.0 on Apr 06. The shares were sold at $1.59 per share. ELLIN ROBERT S (CEO & Chairman) bought 404 shares at $2.01 per share on Dec 19 for a total of $813.0 while ELLIN ROBERT S, (CEO & Chairman) bought 1,000 shares on Dec 18 for $1995.0 with each share fetching $2.00.

Bed Bath & Beyond Inc. (NASDAQ:BBBY), on the other hand, is trading around $6.19 with a market cap of $811.22M and analyst research firms have a negative stance on its shares. Analysts predict that the stock will reach $6.04 and spell out a less modest performance – a -2.48% return. Some analysts are even forecasting -$1.75 per share in earnings this year on a short term (1 year) basis.

Insider activity

Insiders have transacted a total of 8 times at Bed Bath & Beyond Inc. over the last 6 months, with insider purchases undertaken 6 times and accounting for 674,114 shares. Insider sales totaled 216,193 shares over the same period, with these deals completed in 2 transactions. Looking at these numbers, we realize that net purchases over that period are 4.0 shares. Insiders now hold a total of 6.09M shares after the latest sales, with 12.40% net shares purchased.

Major holders

Insiders own 0.50% of the company shares with a share float percentage of 121.12M. Investors are also buoyed by the number of investors in a company, with Bed Bath & Beyond Inc. having a total of 408 institutions that hold shares in the company. The top two institutional holders are FMR, LLC with over 15.02 million shares worth more than $259.88 million. As of Dec 30, 2019, FMR, LLC held 11.83% of shares outstanding.

The other major institutional holder is Blackrock Inc., with the investment firm holding over 14.92 million shares as of Dec 30, 2019. The firm’s total holdings are worth over $258.13 million and represent 11.75% of shares outstanding.