Put contracts in unusually large $800.00K block on May 10th, 2023 at 09:30:02 ET Eventbrite Inc – (EB) was purchased with a strike price of $10.00/share, which expires in 9 days (on May 19, 2023). Fintel tracks all large options trades, and the premium incurred on this trade was 1.00 sigma above average, placing it in the top percentile of all recent large trades executed in EB Options.
This trade was first picked up on Fintel Realtime option flow Tools, where unusual option trades are highlighted.
What is Fund Sentiment?
there are Reporting of 329 fund or institution positions Eventbrite Inc. – In. This is a decrease of 15 owners or 4.36% over the previous quarter. average portfolio weight of all funds Dedicated to EB is 0.18%, an increase of 39.85%. The total shares owned by institutions decreased by 7.13% to 88,362K shares in the last three months. put/call ratio The EB has a value of 0.31, which indicates a bullish outlook.
Analyst Price Forecast Indicates 83.70% Upside
By April 24, 2023, average one year price target For Eventbrite Inc. – 11.63. Forecasts range from a low of $9.09 to a high of $17.85. The average price target represents an upside of 83.70% from the latest closing price of 6.33.
see our Leaderboard of companies With the biggest price target on the upside.
The estimated annual revenue for Eventbrite Inc is – 335MM, a growth of 18.35%. Estimated Annual Non-GAAP eps is -0.50.
What are the other shareholders doing?
cadian capital management The company holds 8,011K shares representing 8.04% ownership. No change from last quarter.
Broad Bay Capital Management The company holds 4,700K shares representing 4.72% ownership. In its prior filing, the firm reported representing 4,950K shares. fall short of 5.32%. Firm fell short of Its portfolio allocation in EB is higher by 26.20% as compared to the previous quarter.
Artisan Partners Limited Partnership The company holds 3,103K shares representing 3.11% ownership. In its prior filing, the firm reported representing 3,140K shares. fall short of 1.17%. Firm fell short of Its portfolio allocation in EB is down by 4.19% as compared to the previous quarter.
first trust advisor The company holds 2,567K shares representing 2.58% ownership. In its prior filing, the firm reported representing 3,098K shares. fall short of 20.67%. Firm fell short of Its portfolio allocation in EB is higher by 26.89% as compared to the previous quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares The company holds 2,534K shares representing 2.54% ownership. No change from last quarter.
Eventbrite Background Information
(This description is provided by the company.)
Eventbrite is a global self-service ticketing and experience technology platform serving a community of hundreds of thousands of event makers in approximately 180 countries. Since inception, Eventbrite has been at the heart of the experience economy, changing the way people organize and attend events. The company was founded by Julia Hertz, Kevin Hertz and Renaud Visage with a vision to create a self-service platform that would make it possible for anyone to create and sell tickets for a live experience. The Eventbrite platform provides a seamless, secure and reliable service that enables creators to plan and execute their live and online events, whether it’s an annual culinary festival featuring thousands of foodies, a professional webinar, a weekly Be it a yoga workshop or a youth dance class. With over 200 million tickets distributed to over 4 million experiences in 2020, Eventbrite is where people around the world find new things to do or new ways to do more they love.
View all Eventbrite Inc. regulatory filing,
This story originally appeared on fintail,
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