Eventbrite Inc (NYSE:EB) insider Samantha Harnett sold 2,675 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $19.52, for a total value of $52,216.00. Following the sale, the insider now owns 12,627 shares in the company, valued at $246,479.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Samantha Harnett also recently made the following trade(s):

  • On Thursday, October 10th, Samantha Harnett sold 7,361 shares of Eventbrite stock. The shares were sold at an average price of $18.01, for a total value of $132,571.61.

Shares of NYSE EB opened at $19.10 on Friday. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.07. The business’s 50 day moving average price is $19.62 and its 200-day moving average price is $17.81. Eventbrite Inc has a fifty-two week low of $15.30 and a fifty-two week high of $33.82.

Eventbrite (NYSE:EB) last issued its quarterly earnings results on Thursday, November 7th. The company reported ($0.36) earnings per share for the quarter, missing the consensus estimate of ($0.26) by ($0.10). Eventbrite had a negative return on equity of 15.65% and a negative net margin of 21.24%. The business had revenue of $82.10 million during the quarter, compared to analysts’ expectations of $76.49 million. During the same quarter in the previous year, the company posted ($1.24) earnings per share. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. Analysts forecast that Eventbrite Inc will post -0.89 earnings per share for the current year.

EB has been the topic of a number of recent research reports. Zacks Investment Research downgraded Eventbrite from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. ValuEngine upgraded Eventbrite from a “hold” rating to a “buy” rating in a report on Tuesday, September 24th. Finally, SunTrust Banks set a $20.00 price target on Eventbrite and gave the stock a “hold” rating in a report on Friday, August 16th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $22.50.

A number of large investors have recently made changes to their positions in the stock. Nikko Asset Management Americas Inc. grew its stake in Eventbrite by 21.2% in the third quarter. Nikko Asset Management Americas Inc. now owns 3,197,187 shares of the company’s stock worth $56,622,000 after purchasing an additional 559,830 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its stake in Eventbrite by 59.0% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 3,197,187 shares of the company’s stock worth $56,622,000 after purchasing an additional 1,186,477 shares in the last quarter. Baillie Gifford & Co. grew its stake in Eventbrite by 95.4% in the second quarter. Baillie Gifford & Co. now owns 2,934,531 shares of the company’s stock worth $47,539,000 after purchasing an additional 1,432,490 shares in the last quarter. Vanguard Group Inc. grew its stake in Eventbrite by 113.9% in the second quarter. Vanguard Group Inc. now owns 2,822,011 shares of the company’s stock worth $45,716,000 after purchasing an additional 1,502,978 shares in the last quarter. Finally, BlackRock Inc. grew its stake in Eventbrite by 181.4% in the second quarter. BlackRock Inc. now owns 2,014,636 shares of the company’s stock worth $32,638,000 after purchasing an additional 1,298,789 shares in the last quarter. 56.23% of the stock is currently owned by institutional investors.

About Eventbrite

Eventbrite, Inc operates a ticketing and event technology platform 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, increase reach, and drive ticket sales. The company was formerly known as Mollyguard Corporation and changed its name to Eventbrite, Inc in 2009.

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Insider Buying and Selling by Quarter for Eventbrite (NYSE:EB)

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