Barclays PLC Increases Position in Eventbrite, Inc. (NYSE:EB)

Barclays PLC raised its position in Eventbrite, Inc. (NYSE:EB - Free Report) by 151.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 169,642 shares of the company's stock after buying an additional 102,283 shares during the period. Barclays PLC owned about 0.18% of Eventbrite worth $462,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Whetstone Capital Advisors LLC boosted its holdings in Eventbrite by 74.6% in the 3rd quarter. Whetstone Capital Advisors LLC now owns 1,432,555 shares of the company's stock worth $3,911,000 after buying an additional 612,173 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Eventbrite during the 3rd quarter worth approximately $756,000. Nantahala Capital Management LLC acquired a new position in shares of Eventbrite during the 2nd quarter worth approximately $7,744,000. FMR LLC boosted its holdings in shares of Eventbrite by 59.5% during the 3rd quarter. FMR LLC now owns 152,889 shares of the company's stock worth $417,000 after purchasing an additional 57,011 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its holdings in shares of Eventbrite by 22.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 2,197,438 shares of the company's stock worth $5,999,000 after purchasing an additional 405,318 shares during the last quarter. 91.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, BWS Financial restated a "buy" rating and set a $7.00 target price on shares of Eventbrite in a report on Wednesday, November 13th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $6.58.

Eventbrite Trading Up 0.4 %

EB traded up $0.02 during trading hours on Friday, reaching $3.54. The company's stock had a trading volume of 551,503 shares, compared to its average volume of 924,720. Eventbrite, Inc. has a fifty-two week low of $2.51 and a fifty-two week high of $9.20. The stock has a market cap of $342.47 million, a PE ratio of -39.28 and a beta of 2.26. The business's 50-day moving average is $3.56 and its 200-day moving average is $3.55. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.56 and a quick ratio of 1.56.

Insider Activity at Eventbrite

In other Eventbrite news, COO Charles Baker sold 20,000 shares of the business's stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $3.55, for a total value of $71,000.00. Following the sale, the chief operating officer now owns 617,487 shares of the company's stock, valued at $2,192,078.85. The trade was a 3.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 21.46% of the stock is currently owned by insiders.

Eventbrite Company Profile

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.