Vivid Seats (SEAT)

• Market cap: $463M
• 1 day: 4.14%
• 5 days: 2.03%
• 1 month: -3.03%
• 3 months: -4.61%
• 6 months: -33.33%
• Year to date: -42.95%
• 1 year: -44.48%
• 5 years: -73.11%
• 10 years: -73.11%
• Sector: Consumer Discretionary
• Industry: Miscellaneous Amusement & Recreation

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 Q3 regulatory filings by fund managers ($100M+ AUM)

50% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 34

1.33% more ownership

Funds ownership: 86.01% [Q2] → 87.35% (+1.33%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

1% less funds holding

Funds holding: 129 [Q2] → 128 (-1) [Q3]

4% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 25

34% less capital invested

Capital invested by funds: $650M [Q2] → $427M (-$223M) [Q3]

89% less call options, than puts

Call options by funds: $525K | Put options by funds: $4.83M

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $4 14% upside
• Avg. target: $5.50 56% upside
• High target: $8 127% upside

4 analyst ratings

• positive: 1 25%
• neutral: 3 75%
• negative: 0 0%

RBC Capital Brad Erickson 67% 1-year accuracy 42 / 63 met price target	70% upside $6	Sector Perform Maintained	11 Nov 2024
Benchmark Daniel Kurnos 62% 1-year accuracy 48 / 78 met price target	127% upside $8	Buy Maintained	8 Nov 2024
Piper Sandler Matt Farrell 63% 1-year accuracy 10 / 16 met price target	14% upside $4	Neutral Reiterated	8 Nov 2024
Deutsche Bank Benjamin Black 76% 1-year accuracy 13 / 17 met price target	14% upside $4	Hold Maintained	4 Nov 2024