Eventbrite Inc (NYSE: EB) is -59.21% lower on its value in year-to-date trading and has touched a low of $2.51 and a high of $9.20 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 EB stock was last observed hovering at around $3.61 in the last trading session, with the day’s loss setting it -0.2%.
Currently trading at $3.41, the stock is -7.12% and 1.15% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing -5.54% at the moment leaves the stock -19.83% off its SMA200. EB registered -57.64% loss for a year compared to 6-month loss of -29.25%. The firm has a 50-day simple moving average (SMA 50) of $3.3576 and a 200-day simple moving average (SMA200) of $4.262.
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The stock witnessed a -2.01% gain in the last 1 month and extending the period to 3 months gives it a 15.99%, and is -10.26% 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 5.87% over the week and 5.57% over the month.
Eventbrite Inc (EB) has around 866 employees, a market worth around $330.37M and $336.37M in sales. Fwd P/E is 355.21. Profit margin for the company is -2.42%. Distance from 52-week low is 35.86% and -62.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.93%).
The EPS is expected to grow by 53.23% this year
205.0 institutions hold shares in Eventbrite Inc (EB), with institutional investors hold 89.01% of the company’s shares. The shares outstanding are 80.75M, and float is at 75.77M with Short Float at 5.90%. Institutions hold 83.90% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.75 million shares valued at $32.66 million. The investor’s holdings represent 6.8088 of the EB Shares outstanding. As of 2024-06-30, the second largest holder is EDMOND DE ROTHSCHILD HOLDING S.A. with 6.42 million shares valued at $31.06 million to account for 6.4761 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 6.38 million shares representing 6.4373 and valued at over $30.88 million, while WELLINGTON MANAGEMENT GROUP LLP holds 5.6969 of the shares totaling 5.65 million with a market value of $27.33 million.
Eventbrite Inc (EB) Insider Activity
The most recent transaction is an insider sale by Baker Charles, the company’s COO. SEC filings show that Baker Charles sold 20,000 shares of the company’s common stock on Dec 13 ’24 at a price of $3.55 per share for a total of $71050.0. Following the sale, the insider now owns 0.62 million shares.
Still, SEC filings show that on Nov 13 ’24, August-deWilde Katherine (Director) disposed off 91,887 shares at an average price of $3.49 for $0.32 million. The insider now directly holds 206,590 shares of Eventbrite Inc (EB).
