36,038 Shares in Vivid Seats Inc. (NASDAQ:SEAT) Purchased by Impact Investors Inc

Impact Investors Inc bought a new stake in shares of Vivid Seats Inc. (NASDAQ:SEAT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 36,038 shares of the company’s stock, valued at approximately $167,000.

Several other large investors have also modified their holdings of the business. SG Americas Securities LLC increased its holdings in Vivid Seats by 8.5% during the fourth quarter. SG Americas Securities LLC now owns 37,065 shares of the company’s stock valued at $172,000 after buying an additional 2,909 shares during the period. Plan Group Financial LLC increased its holdings in shares of Vivid Seats by 9.4% in the 4th quarter. Plan Group Financial LLC now owns 35,330 shares of the company’s stock valued at $164,000 after acquiring an additional 3,048 shares during the period. Oppenheimer & Co. Inc. bought a new position in shares of Vivid Seats in the 3rd quarter worth $37,000. Stratos Wealth Partners LTD. purchased a new stake in shares of Vivid Seats during the 4th quarter worth $46,000. Finally, Stoneridge Investment Partners LLC purchased a new stake in shares of Vivid Seats during the 4th quarter worth $53,000. Institutional investors own 39.92% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on SEAT shares. Royal Bank of Canada reduced their target price on shares of Vivid Seats from $7.00 to $6.00 and set a “sector perform” rating for the company in a report on Monday, November 11th. Maxim Group cut their price objective on shares of Vivid Seats from $9.00 to $8.00 and set a “buy” rating on the stock in a research report on Monday, November 4th. Piper Sandler reissued a “neutral” rating and set a $4.00 target price (down previously from $5.00) on shares of Vivid Seats in a research report on Friday, November 8th. Bank of America reaffirmed a “buy” rating and issued a $6.25 price target on shares of Vivid Seats in a report on Tuesday, December 31st. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Vivid Seats from $4.50 to $4.00 and set a “hold” rating for the company in a report on Monday, November 4th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $6.63.

Vivid Seats Stock Performance

Shares of SEAT opened at $4.29 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.17. The stock has a 50-day moving average of $4.34 and a two-hundred day moving average of $4.06. Vivid Seats Inc. has a one year low of $3.24 and a one year high of $6.34.

About Vivid Seats

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.