Price T Rowe Associates Inc. MD Has $53,000 Stock Holdings in LiveOne, Inc. (NASDAQ:LVO)

Price T Rowe Associates Inc. MD boosted its stake in shares of LiveOne, Inc. (NASDAQ:LVO) by 63.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 35,954 shares of the company’s stock after acquiring an additional 13,900 shares during the quarter. Price T Rowe Associates Inc. MD’s holdings in LiveOne were worth $53,000 as of its most recent SEC filing.

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

LiveOne Price Performance

LVO stock opened at $0.96 on Monday. The company has a fifty day moving average price of $0.71 and a two-hundred day moving average price of $0.92. LiveOne, Inc. has a one year low of $0.55 and a one year high of $1.89. The stock has a market cap of $91.84 million, a price-to-earnings ratio of -7.35 and a beta of 1.76.

LiveOne (NASDAQ:LVO) last announced its earnings results on Thursday, February 13th. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.03). The business had revenue of $29.45 million during the quarter, compared to the consensus estimate of $32.69 million. Research analysts anticipate that LiveOne, Inc. will post -0.1 EPS for the current fiscal 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.