Clearline Capital LP Decreases Stake in Vivid Seats Inc. $SEAT

Clearline Capital LP cut its stake in Vivid Seats Inc. (NASDAQ:SEAT) by 96.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,843 shares of the company’s stock after selling 428,893 shares during the quarter. Clearline Capital LP owned about 0.16% of Vivid Seats worth $280,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Boston Partners grew its stake in shares of Vivid Seats by 7.2% in the 2nd quarter. Boston Partners now owns 4,784,292 shares of the company’s stock valued at $8,084,000 after buying an additional 322,461 shares during the period. Caption Management LLC increased its stake in Vivid Seats by 1,470.9% during the second quarter. Caption Management LLC now owns 250,472 shares of the company’s stock worth $423,000 after purchasing an additional 234,528 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Vivid Seats by 10.7% during the second quarter. Ameriprise Financial Inc. now owns 2,222,751 shares of the company’s stock worth $3,756,000 after purchasing an additional 215,057 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Vivid Seats by 106.8% in the second quarter. Rhumbline Advisers now owns 203,271 shares of the company’s stock valued at $344,000 after purchasing an additional 104,972 shares during the period. Finally, Prescott Group Capital Management L.L.C. acquired a new position in shares of Vivid Seats in the third quarter valued at approximately $1,330,000. Institutional investors and hedge funds own 39.92% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Vivid Seats in a research note on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft set a $7.00 target price on shares of Vivid Seats in a research note on Tuesday, January 20th. Citigroup lowered their price target on shares of Vivid Seats from $13.00 to $10.00 and set a “neutral” rating for the company in a report on Monday, November 17th. Canaccord Genuity Group set a $10.00 price objective on shares of Vivid Seats and gave the company a “hold” rating in a report on Friday. Finally, Morgan Stanley set a $7.00 price objective on shares of Vivid Seats and gave the stock a “positive” rating in a research report on Friday. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $14.27.

Trending Headlines about Vivid Seats

Here are the key news stories impacting Vivid Seats this week:

• Positive Sentiment: Craig Hallum upgraded SEAT from “hold” to “buy” and set a $15 price target, signaling conviction from at least one analyst that the stock has meaningful upside. Craig Hallum Upgrade
• Positive Sentiment: Company provided 2026 and Q1 2026 guidance that targets a path back to profitability (FY 2026 adjusted EBITDA $30–$40M; Q1 adj. EBITDA $8–$10M; Q1 cash ~$125–$135M), which investors can view as a roadmap for operational recovery. Earnings Release & Guidance
• Neutral Sentiment: Benchmark lowered its price target from $18 to $10 but kept a “buy” rating — a mixed signal that still implies upside despite weaker near-term results. Benchmark PT Lowered
• Neutral Sentiment: RBC lowered its target from $12 to $8 and moved to “sector perform” — the note reduces near-term enthusiasm but still leaves modeled upside from current levels. RBC Price Target Change
• Negative Sentiment: Q4 results were weak: Marketplace GOV down ~42% YoY, revenue down ~37% YoY, massive non‑cash impairment charges and a net loss of ~$429M for Q4 — the operational decline and impairments triggered the large earnings miss and pressure on equity. Q4 Financials
• Negative Sentiment: Reports say the company’s loan situation is in “deeper distress” after the weak results, highlighting elevated leverage, lower cash (quarter-end cash ~ $103M) and potential creditor concerns that could pressure the stock. Loan Distress Article
• Negative Sentiment: Management disclosed a new app-store/regulatory risk that could raise costs or limit mobile distribution over time — a potential margin headwind for a marketplace that increasingly relies on app engagement. App Store Risk Disclosure

Vivid Seats Stock Up 4.4%

SEAT stock opened at $5.90 on Friday. The company has a market cap of $63.31 million, a price-to-earnings ratio of -0.09 and a beta of 0.95. The company has a fifty day moving average price of $6.69 and a 200 day moving average price of $9.81. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.67 and a quick ratio of 0.60. Vivid Seats Inc. has a 12 month low of $5.06 and a 12 month high of $62.40.

Vivid Seats (NASDAQ:SEAT) last posted its quarterly earnings data on Thursday, March 12th. The company reported ($10.39) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.81) by ($8.58). Vivid Seats had a negative net margin of 75.21% and a positive return on equity of 21.28%. The firm had revenue of $126.81 million during the quarter, compared to analysts’ expectations of $137.18 million. Sell-side analysts expect that Vivid Seats Inc. will post 0.12 earnings per share for the current year.

Vivid Seats Company Profile

Vivid Seats, traded on NASDAQ under the ticker SEAT, operates an online ticket marketplace that connects buyers and sellers of live event tickets. The company specializes in facilitating purchases for sports games, concerts, theater productions and other entertainment experiences. Through its digital platform and mobile application, Vivid Seats offers real-time access to available tickets, transparent pricing and a 100% Buyer Guarantee, which ensures ticket authenticity and timely delivery.

Founded in 2001 and headquartered in Chicago, Illinois, Vivid Seats has grown from a regional reseller into one of North America’s leading ticket marketplaces.