Premier Fund Managers Ltd Lowers Stake in Eventbrite, Inc. (NYSE:EB)

Premier Fund Managers Ltd lowered its stake in shares of Eventbrite, Inc. (NYSE:EB) by 10.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 252,324 shares of the company’s stock after selling 28,050 shares during the period. Premier Fund Managers Ltd owned 0.27% of Eventbrite worth $4,774,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Ion Asset Management Ltd. grew its position in Eventbrite by 0.8% during the 2nd quarter. Ion Asset Management Ltd. now owns 120,000 shares of the company’s stock worth $2,280,000 after purchasing an additional 1,000 shares during the period. Ellsworth Advisors LLC grew its position in shares of Eventbrite by 7.4% during the 3rd quarter. Ellsworth Advisors LLC now owns 23,367 shares of the company’s stock valued at $442,000 after acquiring an additional 1,614 shares during the period. ProShare Advisors LLC grew its position in shares of Eventbrite by 13.3% during the 2nd quarter. ProShare Advisors LLC now owns 19,474 shares of the company’s stock valued at $370,000 after acquiring an additional 2,285 shares during the period. Centaurus Financial Inc. grew its position in shares of Eventbrite by 35.2% during the 2nd quarter. Centaurus Financial Inc. now owns 9,995 shares of the company’s stock valued at $190,000 after acquiring an additional 2,600 shares during the period. Finally, Rhumbline Advisers boosted its holdings in Eventbrite by 4.6% in the 2nd quarter. Rhumbline Advisers now owns 70,935 shares of the company’s stock worth $1,348,000 after buying an additional 3,118 shares during the last quarter. Institutional investors own 87.79% of the company’s stock.

EB opened at $16.24 on Friday. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.78 and a quick ratio of 1.78. The company’s 50 day simple moving average is $17.17 and its two-hundred day simple moving average is $17.88. Eventbrite, Inc. has a 1-year low of $13.05 and a 1-year high of $26.51. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of -10.61 and a beta of 2.93.

Eventbrite (NYSE:EB) last posted its earnings results on Thursday, October 28th. The company reported ($0.18) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.19) by $0.01. Eventbrite had a negative net margin of 93.07% and a negative return on equity of 44.29%. The firm had revenue of $53.37 million during the quarter, compared to the consensus estimate of $53.88 million. During the same quarter last year, the firm earned ($0.21) EPS. On average, equities analysts anticipate that Eventbrite, Inc. will post -0.9 earnings per share for the current fiscal year.

About Eventbrite

Eventbrite, Inc provides event management services encompassing online ticketing, event hosting, organization, promotion, and advertising. It offers virtual events, online webinars, online classes, virtual runs, online zumba classes, and online yoga. The company was founded by Alan Michael Braverman, Renaud Visage, Kevin E.

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Institutional Ownership by Quarter for Eventbrite (NYSE:EB)

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