Vivid Seats (NASDAQ:SEAT) Earns Underperform Rating from Bank of America

Posted by Defense World Staff on Mar 15th, 2025

Vivid Seats (NASDAQ:SEAT – Get Free Report)‘s stock had its “underperform” rating reissued by research analysts at Bank of America in a report released on Thursday, MarketBeat Ratings reports. They presently have a $2.60 price objective on the stock, down from their previous price objective of $6.25. Bank of America‘s price objective indicates a potential downside of 9.09% from the stock’s current price.

Vivid Seats Stock Performance

SEAT opened at $2.86 on Thursday. Vivid Seats has a one year low of $2.51 and a one year high of $6.09. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.79 and a quick ratio of 0.74. The stock’s fifty day moving average is $4.29 and its 200-day moving average is $4.02.

Institutional Investors Weigh In On Vivid Seats

A number of institutional investors and hedge funds have recently modified their holdings of SEAT. Emeth Value Capital LLC acquired a new stake in shares of Vivid Seats during the fourth quarter worth $23,250,000. Huber Capital Management LLC acquired a new stake in shares of Vivid Seats during the fourth quarter worth $3,627,000. Visualize Group LP purchased a new position in shares of Vivid Seats during the fourth quarter valued at $3,327,000. Geode Capital Management LLC grew its holdings in shares of Vivid Seats by 18.9% during the third quarter. Geode Capital Management LLC now owns 1,975,047 shares of the company’s stock valued at $7,309,000 after buying an additional 314,482 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Vivid Seats by 18.4% during the fourth quarter. Ameriprise Financial Inc. now owns 1,954,794 shares of the company’s stock valued at $9,051,000 after buying an additional 303,878 shares in the last quarter. 39.92% of the stock is owned by institutional investors and hedge funds.

About Vivid Seats

(Get Free Report)

Vivid Seats Inc operates an online ticket marketplace in the United States, Canada, and Japan. The company operates in two segments, Marketplace and Resale. The Marketplace segment acts as an intermediary between event ticket buyers and sellers; processes ticket sales on its website and mobile applications through its distribution partners; and sells tickets for sports, concerts, theater events, and other live events.