Vivid Seats Inc’s recent filing unveils that its Chief Accounting Officer Pickus Edward unloaded Company’s shares for reported $3043.0 on Jan 21 ’25. In the deal valued at $4.80 per share,634 shares were sold. As a result of this transaction, Pickus Edward now holds 51,490 shares worth roughly $0.23 million.
Then, Bakal Riva sold 1,342 shares, generating $6,442 in total proceeds. Upon selling the shares at $4.80, the Chief Strategy Officer now owns 141,525 shares.
Before that, Pickus Edward sold 746 shares. Vivid Seats Inc shares valued at $2,566 were divested by the Chief Accounting Officer at a price of $3.44 per share. As a result of the transaction, Pickus Edward now holds 50,308 shares, worth roughly $0.23 million.
Maxim Group reiterated its Vivid Seats Inc [SEAT] rating to a Buy in a research note published on November 04, 2024; the price target was $8. Maxim Group began covering SEAT with “Buy” recommendation on April 17, 2024. Craig Hallum started covering the stock on February 09, 2024. It rated SEAT as “a Buy”.
Price Performance Review of SEAT
On Tuesday, Vivid Seats Inc [NASDAQ:SEAT] saw its stock jump 4.38% to $4.53. Over the last five days, the stock has lost -0.22%. Vivid Seats Inc shares have fallen nearly -2.16% since the year began. Nevertheless, the stocks have fallen -20.94% over the past one year. While a 52-week high of $6.41 was reached on 01/15/25, a 52-week low of $3.24 was recorded on 01/29/25. SMA at 50 days reached $4.01, while 200 days put it at $4.49.
Levels Of Support And Resistance For SEAT Stock
The 24-hour chart illustrates a support level at 4.36, which if violated will result in even more drops to 4.20. On the upside, there is a resistance level at 4.61. A further resistance level may holdings at 4.70. The Relative Strength Index (RSI) on the 14-day chart is 55.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.22%. Stochastics %K at 32.22% indicates the stock is a holding.
How much short interest is there in Vivid Seats Inc?
A steep rise in short interest was recorded in Vivid Seats Inc stocks on 2025-01-15, growing by 0.16 million shares to a total of 11.74 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 11.59 million shares. There was a rise of 1.32%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 01, 2023 when Morgan Stanley began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $9.50 price target.
