Sphere Entertainment (NYSE:MSGE) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. trimmed its position in Sphere Entertainment (NYSE:MSGE) by 5.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 854,705 shares of the company’s stock after selling 44,909 shares during the quarter. Assenagon Asset Management S.A. owned about 1.78% of Sphere Entertainment worth $30,427,000 as of its most recent SEC filing.

Sphere Entertainment Stock Performance

MSGE stock opened at $35.52 on Friday. Sphere Entertainment has a one year low of $31.84 and a one year high of $44.14. The firm has a market cap of $1.71 billion, a PE ratio of 9.71, a PEG ratio of 3.13 and a beta of 0.04. The firm’s 50 day moving average price is $35.77 and its 200-day moving average price is $38.49.

Sphere Entertainment Company Profile

Sphere Entertainment Co is a premier live entertainment and media company. The Company includes Sphere, a next-generation entertainment medium powered by cutting-edge technologies to redefine the future of entertainment. The first Sphere venue opened in Las Vegas in September 2023. In addition, the Company includes MSG Networks, which operates two regional sports and entertainment networks, MSG Network and MSG Sportsnet, as well as a direct-to-consumer and authenticated streaming product, MSG+, delivering a wide range of live sports content and other programming.