Vivid Seats Inc (NASDAQ:SEAT) shares traded 3.98% higher at $1.83 on Wall Street last session.
SEAT stock price is now -37.43% away from the 50-day moving average and -51.85% away from the 200-day moving average. The market capitalization of the company currently stands at $377.12M.
On March 13, 2025, BofA Securities Downgraded its previous ‘Buy’ rating to ‘Underperform’ on the stock reducing its target price from $6.25 to quote $2.60, while ‘Maxim Group’ rates the stock as ‘Buy’
In other news, Bakal Riva, Chief Strategy Officer sold 1,125 shares of the company’s stock on Apr 21 ’25. The stock was sold for $2,531 at an average price of $2.25. Upon completion of the transaction, the Chief Strategy Officer now directly owns 265,509 shares in the company, valued at $0.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 21 ’25, Chief Accounting Officer Pickus Edward sold 534 shares of the business’s stock. A total of $1,202 was realized by selling the stock at an average price of $2.25. This leaves the insider owning 91,108 shares of the company worth $0.17 million. A total of 47.60% of the company’s stock is owned by insiders.
During the past 12 months, Vivid Seats Inc has had a low of $1.66 and a high of $5.90. As of last week, the company has a debt-to-equity ratio of 1.07, a current ratio of 0.77, and a quick ratio of 0.70.
The net profit margin was -0.35% and return on equity was -1.00% for SEAT. The company reported revenue of $164.02 million for the quarter, compared to $190.85 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -14.06 percent.
