Vivid Seats Inc (NASDAQ: SEAT) is -46.36% lower on its value in year-to-date trading and has touched a low of $3.33 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 $3.54 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $3.39, the stock is -12.51% and -11.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing -4.24% at the moment leaves the stock -31.42% off its SMA200. SEAT registered -55.34% loss for a year compared to 6-month loss of -33.66%. The firm has a 50-day simple moving average (SMA 50) of $3.8757 and a 200-day simple moving average (SMA200) of $4.955025.
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The stock witnessed a -18.12% gain in the last 1 month and extending the period to 3 months gives it a -25.49%, and is -12.40% 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 6.65% over the week and 5.63% over the month.
Vivid Seats Inc (SEAT) has around 768 employees, a market worth around $700.30M and $774.08M in sales. Fwd P/E is 13.75. Profit margin for the company is 4.56%. Distance from 52-week low is 1.95% and -61.49% from its 52-week high. The company has generated returns on investments over the last 12 months (4.83%).
The EPS is expected to shrink by -67.10% this year.
Vivid Seats Inc (SEAT) Top Institutional Holders
189.0 institutions hold shares in Vivid Seats Inc (SEAT), with institutional investors hold 103.90% of the company’s shares. The shares outstanding are 133.88M, and float is at 70.64M with Short Float at 18.11%. Institutions hold 88.53% of the Float.
The top institutional shareholder in the company is SECURITY BENEFIT LIFE INSURANCE CO /KS/ with over 43.84 million shares valued at $252.09 million. The investor’s holdings represent 0.0333% of the SEAT Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 5.77 million shares valued at $33.2 million to account for 0.0044 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.25 million shares representing 0.004% and valued at over $30.19 million, while GRANAHAN INVESTMENT MANAGEMENT, LLC holds 0.004 of the shares totaling 5.24 million with a market value of $30.13 million.
Vivid Seats Inc (SEAT) Insider Activity
The most recent transaction is an insider sale by Epstein Emily T, the company’s General Counsel. SEC filings show that Epstein Emily T sold 1,382 shares of the company’s common stock on Nov 13 ’24 at a price of $3.93 per share for a total of $5431.0. Following the sale, the insider now owns 48516.0 shares.
Vivid Seats Inc disclosed in a document filed with the SEC on Oct 21 ’24 that Pickus Edward (Chief Accounting Officer) sold a total of 542 shares of the company’s common stock. The trade occurred on Oct 21 ’24 and was made at $4.09 per share for $2217.0. Following the transaction, the insider now directly holds 46269.0 shares of the SEAT stock.
Still, SEC filings show that on Oct 21 ’24, Bakal Riva (Chief Strategy Officer) disposed off 1,730 shares at an average price of $4.09 for $7076.0. The insider now directly holds 127,059 shares of Vivid Seats Inc (SEAT).
