64,040 Shares in LiveOne, Inc. (NASDAQ:LVO) Purchased by Pingora Partners LLC

Pingora Partners LLC bought a new stake in shares of LiveOne, Inc. (NASDAQ:LVO) during the 4th quarter, HoldingsChannel reports. The firm bought 64,040 shares of the company’s stock, valued at approximately $94,000.

A number of other large investors also recently made changes to their positions in the business. Fleming James B JR bought a new position in LiveOne during the fourth quarter valued at about $2,699,000. JPMorgan Chase & Co. boosted its position in LiveOne by 678.0% during the fourth quarter. JPMorgan Chase & Co. now owns 255,066 shares of the company’s stock worth $375,000 after purchasing an additional 222,282 shares during the period. Geode Capital Management LLC boosted its position in LiveOne by 9.7% during the third quarter. Geode Capital Management LLC now owns 1,854,372 shares of the company’s stock worth $1,760,000 after purchasing an additional 164,361 shares during the period. Barclays PLC grew its holdings in LiveOne by 359.3% during the third quarter. Barclays PLC now owns 106,408 shares of the company’s stock valued at $101,000 after purchasing an additional 83,242 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in shares of LiveOne in the third quarter valued at approximately $67,000. Institutional investors and hedge funds own 21.25% of the company’s stock.

LiveOne Trading Down 1.6 %

NASDAQ LVO opened at $0.63 on Friday. LiveOne, Inc. has a 1 year low of $0.55 and a 1 year high of $1.99. The company has a fifty day simple moving average of $0.72 and a 200 day simple moving average of $0.91. The company has a market cap of $60.99 million, a P/E ratio of -4.88 and a beta of 2.12.

LiveOne (NASDAQ:LVO) last issued its quarterly earnings results on Thursday, February 13th. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.03). The business had revenue of $29.45 million during the quarter, compared to analyst estimates of $32.69 million. Equities research analysts forecast 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.