Vivid Seats Inc. $SEAT Holdings Trimmed by Silver Rock Financial LP

Silver Rock Financial LP lowered its stake in Vivid Seats Inc. (NASDAQ:SEAT) by 95.0% during the third quarter, Holdings Channel.com reports. The firm owned 56,943 shares of the company’s stock after selling 1,081,953 shares during the quarter. Vivid Seats accounts for about 1.4% of Silver Rock Financial LP’s portfolio, making the stock its 9th largest position. Silver Rock Financial LP’s holdings in Vivid Seats were worth $946,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capstone Financial Advisors Inc. acquired a new position in shares of Vivid Seats during the second quarter worth about $25,000. Jump Financial LLC purchased a new stake in shares of Vivid Seats during the second quarter worth approximately $32,000. Raymond James Financial Inc. acquired a new stake in Vivid Seats in the second quarter valued at approximately $35,000. Rangeley Capital LLC acquired a new stake in Vivid Seats in the second quarter valued at approximately $42,000. Finally, Quantbot Technologies LP purchased a new position in Vivid Seats in the second quarter worth approximately $43,000. Hedge funds and other institutional investors own 39.92% of the company’s stock.

Vivid Seats News Roundup

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

Analyst Upgrades and Downgrades

Several research firms have commented on SEAT. Craig Hallum upgraded shares of Vivid Seats from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a report on Friday. Deutsche Bank Aktiengesellschaft set a $7.00 price objective on shares of Vivid Seats in a research report on Tuesday, January 20th. Morgan Stanley set a $7.00 target price on shares of Vivid Seats and gave the stock a “positive” rating in a research note on Friday. Bank of America reissued an “underperform” rating and issued a $5.65 target price on shares of Vivid Seats in a report on Thursday. Finally, Canaccord Genuity Group set a $10.00 price target on Vivid Seats and gave the company a “hold” rating in a research note on Friday. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $14.27.

Vivid Seats Stock Up 4.4%

SEAT stock opened at $5.90 on Friday. The stock has a market cap of $63.31 million, a P/E ratio of -0.09 and a beta of 0.95. The company has a current ratio of 0.67, a quick ratio of 0.60 and a debt-to-equity ratio of 1.41. Vivid Seats Inc. has a twelve month low of $5.06 and a twelve month high of $62.40. The company’s 50 day moving average is $6.69 and its two-hundred day moving average is $9.86.

Vivid Seats (NASDAQ:SEAT) last issued its earnings results on Thursday, March 12th. The company reported ($10.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.81) by ($8.58). The company had revenue of $126.81 million during the quarter, compared to analyst estimates of $137.18 million. Vivid Seats had a negative net margin of 75.21% and a positive return on equity of 21.28%. Research analysts expect that Vivid Seats Inc. will post 0.12 earnings per share for the current fiscal year.

About Vivid Seats

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.