Barclays PLC Acquires 83,242 Shares of LiveOne, Inc. (NASDAQ:LVO)

Barclays PLC raised its holdings in shares of LiveOne, Inc. (NASDAQ:LVO) by 359.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 106,408 shares of the company’s stock after purchasing an additional 83,242 shares during the period. Barclays PLC’s holdings in LiveOne were worth $101,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Jane Street Group LLC raised its position in LiveOne by 271.3% during the 3rd quarter. Jane Street Group LLC now owns 73,219 shares of the company’s stock valued at $69,000 after purchasing an additional 53,499 shares during the last quarter. State Street Corp raised its position in shares of LiveOne by 2.9% in the 3rd quarter. State Street Corp now owns 797,573 shares of the company’s stock worth $757,000 after acquiring an additional 22,848 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of LiveOne by 10.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 221,077 shares of the company’s stock worth $210,000 after acquiring an additional 21,057 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of LiveOne in the 3rd quarter worth approximately $32,000. Finally, Exchange Traded Concepts LLC raised its position in shares of LiveOne by 134.3% in the 3rd quarter. Exchange Traded Concepts LLC now owns 358,974 shares of the company’s stock worth $341,000 after acquiring an additional 205,786 shares in the last quarter. Institutional investors own 21.25% of the company’s stock.

LiveOne Stock Performance

Shares of NASDAQ:LVO opened at $1.19 on Thursday. LiveOne, Inc. has a 52-week low of $0.56 and a 52-week high of $2.15. The firm has a market capitalization of $113.84 million, a P/E ratio of -11.90 and a beta of 1.59. The stock has a 50 day moving average price of $1.03 and a 200-day moving average price of $1.21.

Analyst Upgrades and Downgrades

Separately, Alliance Global Partners decreased their target price on LiveOne from $3.50 to $1.50 and set a “buy” rating for the company in a research report on Wednesday, October 2nd.

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.