Emeth Value Capital LLC boosted its holdings in shares of Vivid Seats Inc. (NASDAQ:SEAT - Free Report) by 19.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,997,854 shares of the company's stock after buying an additional 976,362 shares during the period. Vivid Seats comprises 15.8% of Emeth Value Capital LLC's portfolio, making the stock its 4th largest holding. Emeth Value Capital LLC owned approximately 2.87% of Vivid Seats worth $17,754,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Quinn Opportunity Partners LLC acquired a new stake in Vivid Seats during the fourth quarter worth $46,000. BNP Paribas Financial Markets acquired a new stake in shares of Vivid Seats in the 4th quarter valued at $53,000. Pictet Asset Management Holding SA acquired a new stake in shares of Vivid Seats in the 4th quarter valued at $55,000. Penn Capital Management Company LLC acquired a new stake in shares of Vivid Seats in the 4th quarter valued at $56,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of Vivid Seats in the 4th quarter valued at $57,000. Institutional investors and hedge funds own 39.92% of the company's stock.
Insider Activity at Vivid Seats
In related news, General Counsel Emily T. Epstein sold 14,476 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $1.99, for a total value of $28,807.24. Following the transaction, the general counsel now directly owns 151,194 shares in the company, valued at $300,876.06. This represents a 8.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 88.46% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
SEAT has been the topic of several recent analyst reports. Bank of America restated an "underperform" rating and issued a $2.60 target price (down previously from $6.25) on shares of Vivid Seats in a research note on Thursday, March 13th. Canaccord Genuity Group dropped their price target on Vivid Seats from $5.00 to $4.00 and set a "buy" rating for the company in a report on Wednesday, May 7th. Morgan Stanley cut their price objective on Vivid Seats from $4.60 to $3.75 and set an "equal weight" rating for the company in a research report on Thursday, March 13th. Benchmark decreased their target price on Vivid Seats from $6.00 to $3.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Finally, Royal Bank Of Canada cut their price target on Vivid Seats from $4.00 to $2.00 and set a "sector perform" rating for the company in a report on Wednesday, May 7th. One analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, Vivid Seats currently has a consensus rating of "Hold" and a consensus price target of $4.49.
Check Out Our Latest Analysis on SEAT
Vivid Seats Stock Down 1.5%
Shares of SEAT traded down $0.03 during trading hours on Friday, hitting $1.91. 1,126,199 shares of the stock traded hands, compared to its average volume of 1,488,768. The business has a fifty day moving average of $2.08 and a 200-day moving average of $3.21. Vivid Seats Inc. has a 1-year low of $1.44 and a 1-year high of $5.90. The company has a current ratio of 0.77, a quick ratio of 0.70 and a debt-to-equity ratio of 1.01.
Vivid Seats (NASDAQ:SEAT - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.03). Vivid Seats had a negative net margin of 0.35% and a negative return on equity of 2.17%. The business had revenue of $164.02 million for the quarter, compared to analyst estimates of $169.99 million. Equities research analysts expect that Vivid Seats Inc. will post 0.12 earnings per share for the current year.
Vivid Seats Company Profile
(
Free Report)
Vivid Seats Inc operates an online ticket marketplace in the United States, Canada, and Japan. The company operates in two segments, Marketplace and Resale. The Marketplace segment acts as an intermediary between event ticket buyers and sellers; processes ticket sales on its website and mobile applications through its distribution partners; and sells tickets for sports, concerts, theater events, and other live events.
Further Reading
Before you consider Vivid Seats, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vivid Seats wasn't on the list.
While Vivid Seats currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
