Vivid SeatsSEAT Market cap $468M
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 Q2 SEC filings by fund managers ($100M+ AUM)
51% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 35
3.4% more ownership
Funds ownership: 82.3% [Q1] → 85.7% (+3.4%) [Q2]
2% less capital invested
Capital invested by funds: $660M [Q1] → $648M (-$12.8M) [Q2]
4% less funds holding
Funds holding: 134 [Q1] → 129 (-5) [Q2]
17% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 29
25% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]
90% less call options, than puts
Call options by funds: $499K | Put options by funds: $4.96M
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Citigroup Jason Bazinet 59% 1-year accuracy 13 / 22 met price target | 154%upside $9 | Buy Maintained | 20 Sept 2024 |
DA Davidson Tom White 58% 1-year accuracy 11 / 19 met price target | 69%upside $6 | Buy Maintained | 12 Sept 2024 |
Canaccord Genuity Maria Ripps 78% 1-year accuracy 14 / 18 met price target | 97%upside $7 | Buy Maintained | 12 Sept 2024 |
Craig-Hallum Ryan Sigdahl 47% 1-year accuracy 8 / 17 met price target | 125%upside $8 | Buy Maintained | 10 Sept 2024 |
Benchmark Daniel Kurnos 61% 1-year accuracy 41 / 67 met price target | 182%upside $10 | Buy Maintained | 10 Sept 2024 |