Eventbrite, Inc. $EB Shares Purchased by Savant Capital LLC

Savant Capital LLC boosted its position in Eventbrite, Inc. (NYSE:EB) by 37.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 115,091 shares of the company’s stock after buying an additional 31,603 shares during the period. Savant Capital LLC’s holdings in Eventbrite were worth $303,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. R Squared Ltd purchased a new stake in shares of Eventbrite in the 2nd quarter valued at $50,000. Great Lakes Advisors LLC acquired a new position in Eventbrite during the first quarter valued at $44,000. Federated Hermes Inc. acquired a new position in Eventbrite during the first quarter valued at $52,000. Bank of Montreal Can purchased a new stake in Eventbrite in the second quarter valued at $88,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in Eventbrite by 18.5% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 44,937 shares of the company’s stock worth $122,000 after purchasing an additional 7,020 shares during the period. 91.64% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on EB shares. Morgan Stanley set a $2.70 price objective on Eventbrite in a report on Sunday, August 10th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Eventbrite in a report on Monday. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $4.40.

Eventbrite Stock Performance

NYSE EB opened at $2.61 on Wednesday. The stock has a market capitalization of $254.46 million, a price-to-earnings ratio of -21.71 and a beta of 2.04. The stock has a 50-day moving average of $2.55 and a 200 day moving average of $2.52. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.29. Eventbrite, Inc. has a twelve month low of $1.80 and a twelve month high of $4.12.

About Eventbrite

Eventbrite, Inc operates a two-sided marketplace that provides self-service ticketing and marketing tools for event creators in the United States and internationally. Its platform integrates components needed to plan, promote, and produce live events that allow creators to reduce friction and costs, enhance reach, and drive ticket sales.