Jonathan Miles Wagner Sells 1,790 Shares of Vivid Seats Inc. (NASDAQ:SEAT) Stock

Vivid Seats Inc. (NASDAQ:SEATGet Rating) CTO Jonathan Miles Wagner sold 1,790 shares of the firm’s stock in a transaction dated Wednesday, April 20th. The stock was sold at an average price of $10.35, for a total transaction of $18,526.50. Following the completion of the sale, the chief technology officer now directly owns 8,571 shares of the company’s stock, valued at approximately $88,709.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Vivid Seats stock opened at $9.88 on Friday. The company’s 50 day moving average is $11.00. Vivid Seats Inc. has a fifty-two week low of $7.84 and a fifty-two week high of $14.35.

A number of large investors have recently modified their holdings of SEAT. Security Benefit Life Insurance Co. KS bought a new position in Vivid Seats in the fourth quarter worth approximately $566,382,000. Vista Equity Partners Management LLC bought a new position in Vivid Seats in the fourth quarter worth approximately $367,023,000. Massachusetts Financial Services Co. MA bought a new position in Vivid Seats in the fourth quarter worth approximately $35,617,000. Clearline Capital LP purchased a new position in Vivid Seats in the fourth quarter worth $16,169,000. Finally, Penserra Capital Management LLC purchased a new position in Vivid Seats in the fourth quarter worth $10,923,000. 55.24% of the stock is owned by institutional investors.

Several analysts have issued reports on the stock. Evercore ISI assumed coverage on shares of Vivid Seats in a research note on Tuesday, January 18th. They issued a “hold” rating and a $14.00 price objective for the company. Benchmark decreased their price objective on shares of Vivid Seats from $19.00 to $17.00 and set a “buy” rating for the company in a research note on Friday, March 11th. Credit Suisse Group reissued a “buy” rating and issued a $16.00 price objective on shares of Vivid Seats in a research note on Friday, March 11th. Zacks Investment Research raised shares of Vivid Seats from a “sell” rating to a “hold” rating in a research note on Friday. Finally, Citigroup raised shares of Vivid Seats from a “neutral” rating to a “buy” rating and set a $14.00 price objective for the company in a research note on Monday, January 3rd. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $15.71.

About Vivid Seats (Get Rating)

Vivid Seats Inc operates an independent secondary marketplace for tickets. It sells tickets for live sports, concerts, and theater events. The company was founded in 2001 and is headquartered in Chicago, Illinois.

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Insider Buying and Selling by Quarter for Vivid Seats (NASDAQ:SEAT)

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