Rice Hall James & Associates LLC Has $947,000 Stock Position in Eventbrite, Inc. $EB

Rice Hall James & Associates LLC lessened its position in shares of Eventbrite, Inc. (NYSE:EB) by 72.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 375,855 shares of the company’s stock after selling 967,644 shares during the quarter. Rice Hall James & Associates LLC’s holdings in Eventbrite were worth $947,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in EB. Tableaux LLC acquired a new stake in Eventbrite in the second quarter worth about $35,000. Captrust Financial Advisors acquired a new stake in shares of Eventbrite during the 2nd quarter worth approximately $42,000. Great Lakes Advisors LLC bought a new stake in shares of Eventbrite during the first quarter worth approximately $44,000. R Squared Ltd bought a new stake in shares of Eventbrite during the second quarter worth approximately $50,000. Finally, XTX Topco Ltd acquired a new position in Eventbrite in the second quarter valued at approximately $68,000. Institutional investors own 91.64% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Eventbrite in a report on Monday, December 22nd. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Eventbrite presently has an average rating of “Hold” and a consensus price target of $4.40.

Eventbrite Stock Performance

Shares of EB stock opened at $4.45 on Friday. The stock has a market cap of $434.17 million, a PE ratio of -37.04 and a beta of 1.48. The stock has a 50-day moving average of $3.22 and a 200-day moving average of $2.80. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.12 and a quick ratio of 1.12. Eventbrite, Inc. has a one year low of $1.80 and a one year high of $4.46.

About Eventbrite

Eventbrite is a global event management and ticketing platform that enables organizers to create, promote and sell tickets for live and virtual experiences. The company’s software-as-a-service platform offers tools for event registration, ticketing, seating allocation and on­-site check­-in, allowing users to handle everything from small community gatherings to large-scale festivals through a single interface.

Beyond basic ticket sales, Eventbrite provides integrated marketing and analytics solutions designed to help hosts grow attendance and engage audiences.