From MarketBeat:

Vivid Seats Inc. CTO Jonathan Miles Wagner sold 2,125 shares of SEAT stock at an average price of $5.72 on Monday, January 22nd, valued at $12,155.00. On Tuesday, December 12th, Wagner also sold 2,915 shares of Vivid Seats stock at an average price of $6.95, totaling $20,259.25. SEAT traded down to $6.05 during midday trading and has a market cap of $1.19 billion, a P/E ratio of 11.15, a PEG ratio of 1.44, and a beta of 1.21. The company last reported a quarterly earnings per share of $0.07, with a net margin of 8.78% and $188.13 million in revenue. Sell-side analysts expect Vivid Seats to post earnings of 0.42 per share this year.

Several institutional investors have increased their holdings in Vivid Seats, with Legal & General Group Plc owning 9,944 shares valued at $73,000, and JPMorgan Chase & Co. owning 24,967 shares valued at $182,000. Rhumbline Advisers now holds 39,746 shares of the company’s stock valued at $303,000, in total institutional investors own 39.92% of the company’s stock.

Vivid Seats primarily operates as an online secondary marketplace for tickets in the United States and Canada. The company has 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, and sells tickets for various live events including sports, concerts, and theater shows.



Read more: Jonathan Miles Wagner Sells 2,125 Shares of Vivid Seats Inc. (NASDAQ:SEAT) Stock