Vivid SeatsSEAT
Market Cap: $609M
About: Vivid Seats Inc is an online ticket marketplace for connecting fans to live events and artists. It is the official ticketing partner of brands in the entertainment industry providing tickets for sports, concerts, theatres, and comedy events in the United States, Canada and Japan. It operates in two segments namely marketplace and resale.
Employees: 768
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
51% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 35
3.37% more ownership
Funds ownership: 82.3% [Q1] → 85.67% (+3.37%) [Q2]
2% less capital invested
Capital invested by funds: $660M [Q1] → $647M (-$13M) [Q2]
4% less funds holding
Funds holding: 134 [Q1] → 128 (-6) [Q2]
21% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 29
25% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]
90% less call options, than puts
Call options by funds: $499K | Put options by funds: $4.96M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
DA Davidson Tom White 71% 1-year accuracy 12 / 17 met price target | 41%upside $6.50 | Buy Maintained | 16 Aug 2024 |
Deutsche Bank Benjamin Black 64% 1-year accuracy 9 / 14 met price target | 3%downside $4.50 | Hold Maintained | 12 Aug 2024 |
RBC Capital Brad Erickson 56% 1-year accuracy 30 / 54 met price target | 52%upside $7 | Sector Perform Maintained | 7 Aug 2024 |
Piper Sandler Matt Farrell 58% 1-year accuracy 7 / 12 met price target | 8%upside $5 | Neutral Maintained | 7 Aug 2024 |
Benchmark Daniel Kurnos 52% 1-year accuracy 32 / 62 met price target | 225%upside $15 | Buy Reiterated | 30 Jul 2024 |
Financial journalist opinion
Based on 3 articles about SEAT published over the past 30 days