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Vivid Seats Inc (SEAT) Looks Ready for Growth Despite -14.40% Change This Year

Vivid Seats Inc (NASDAQ: SEAT) is -14.40% lower on its value in year-to-date trading and has touched a low of $4.70 and a high of $8.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SEAT stock was last observed hovering at around $5.34 in the last trading session, with the day’s gains setting it 0.07%.

Currently trading at $5.41, the stock is 1.06% and 1.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing 1.31% at the moment leaves the stock -10.56% off its SMA200. SEAT registered -28.82% loss for a year compared to 6-month loss of -12.88%.

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The stock witnessed a 3.64% gain in the last 1 month and extending the period to 3 months gives it a -4.59%, and is -5.91% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.40% over the week and 3.91% over the month.

Vivid Seats Inc (SEAT) has around 768 employees, a market worth around $711.04M and $742.67M in sales. Current P/E ratio is 53.14 and Fwd P/E is 14.59. Profit margin for the company is 9.21%. Distance from 52-week low is 14.98% and -38.54% from its 52-week high. The company has generated returns on investments over the last 12 months (16.32%).

The EPS is expected to shrink by -43.24% this year.

Vivid Seats Inc (SEAT) Top Institutional Holders

The shares outstanding are 133.88M, and float is at 70.62M with Short Float at 15.75%.

Vivid Seats Inc (SEAT) Insider Activity

The most recent transaction is an insider sale by Bakal Riva,the company’sChief Strategy Officer. SEC filings show that Bakal Riva sold 2,051 shares of the company’s common stock on Jun 12 ’24 at a price of $5.42 per share for a total of $11116.0. Following the sale, the insider now owns 0.11 million shares.

Vivid Seats Inc disclosed in a document filed with the SEC on Jun 12 ’24 that Pickus Edward (Chief Accounting Officer) sold a total of 725 shares of the company’s common stock. The trade occurred on Jun 12 ’24 and was made at $5.42 per share for $3930.0. Following the transaction, the insider now directly holds 39656.0 shares of the SEAT stock.

Still, SEC filings show that on May 13 ’24, Epstein Emily T (General Counsel) disposed off 1,381 shares at an average price of $5.55 for $7665.0. The insider now directly holds 34,243 shares of Vivid Seats Inc (SEAT).

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