6 days Ago By Defense World Staff
KLP Kapitalforvaltning AS purchased a new position in shares of Vivid Seats Inc. (NASDAQ:SEAT – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,300 shares of the company’s stock, valued at approximately $57,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of SEAT. SG Americas Securities LLC grew its holdings in shares of Vivid Seats by 8.5% in the fourth quarter.
SG Americas Securities LLC now owns 37,065 shares of the company’s stock valued at $172,000 after purchasing an additional 2,909 shares in the last quarter. Plan Group Financial LLC raised its position in Vivid Seats by 9.4% in the 4th quarter.
Plan Group Financial LLC now owns 35,330 shares of the company’s stock valued at $164,000 after purchasing an additional 3,048 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Vivid Seats by 0.
8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 741,722 shares of the company’s stock valued at $3,434,000 after buying an additional 5,828 shares during the period.
American Century Companies Inc. grew its position in shares of Vivid Seats by 9.6% during the fourth quarter.
American Century Companies Inc. now owns 96,396 shares of the company’s stock worth $446,000 after buying an additional 8,450 shares in the last quarter. Finally, Stratos Wealth Partners LTD.
purchased a new stake in shares of Vivid Seats during the fourth quarter worth approximately $46,000. 39.92% of the stock is currently owned by hedge funds and other institutional investors.
Vivid Seats Stock PerformanceNASDAQ:SEAT opened at $2.83 on Friday. Vivid Seats Inc.
has a one year low of $2.36 and a one year high of $6.09.
The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.
17. The business’s 50-day simple moving average is $3.51 and its 200 day simple moving average is $3.
79. Wall Street Analysts Forecast GrowthA number of research analysts recently issued reports on the stock. Canaccord Genuity Group decreased their price target on shares of Vivid Seats from $6.
00 to $5.00 and set a “buy” rating for the company in a research note on Thursday, March 13th. Royal Bank of Canada dropped their price objective on Vivid Seats from $6.
00 to $4.00 and set a “sector perform” rating on the stock in a report on Thursday, March 13th. Benchmark decreased their target price on Vivid Seats from $8.
00 to $6.00 and set a “buy” rating for the company in a research note on Thursday, March 13th. Morgan Stanley lowered their price target on Vivid Seats from $4.
60 to $3.75 and set an “equal weight” rating for the company in a report on Thursday, March 13th. Finally, Raymond James downgraded shares of Vivid Seats from a “moderate buy” rating to a “hold” rating in a research report on Thursday, March 13th.
One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Vivid Seats has an average rating of “Hold” and a consensus target price of $5.49.
Get Our Latest Stock Report on SEATVivid Seats 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.
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