Deutsche Bank AG Has $1.40 Million Position in Eventbrite, Inc. $EB

Deutsche Bank AG lowered its holdings in shares of Eventbrite, Inc. (NYSE:EB) by 6.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 663,031 shares of the company’s stock after selling 46,805 shares during the period. Deutsche Bank AG owned about 0.70% of Eventbrite worth $1,399,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Pallas Capital Advisors LLC boosted its stake in Eventbrite by 52.2% during the first quarter. Pallas Capital Advisors LLC now owns 16,928 shares of the company’s stock worth $36,000 after buying an additional 5,803 shares in the last quarter. CHICAGO TRUST Co NA acquired a new stake in shares of Eventbrite in the 1st quarter valued at $44,000. Federated Hermes Inc. acquired a new stake in shares of Eventbrite in the 1st quarter valued at $52,000. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Eventbrite in the 4th quarter valued at $66,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Eventbrite in the 4th quarter valued at $71,000. Institutional investors and hedge funds own 91.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley set a $2.70 target price on shares of Eventbrite in a research note on Sunday, August 10th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $4.40.

Eventbrite Stock Performance

Eventbrite stock opened at $2.6150 on Friday. The stock has a 50-day simple moving average of $2.53 and a 200 day simple moving average of $2.48. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 1.19. Eventbrite, Inc. has a 12-month low of $1.80 and a 12-month high of $4.12. The stock has a market capitalization of $252.35 million, a price-to-earnings ratio of -11.89 and a beta of 2.09.

Eventbrite (NYSE:EB) last released its quarterly earnings results on Thursday, August 7th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.06. Eventbrite had a negative return on equity of 11.91% and a negative net margin of 6.93%.The business had revenue of $72.76 million during the quarter, compared to analysts’ expectations of $71.67 million. Eventbrite has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts anticipate that Eventbrite, Inc. will post -0.12 earnings per share for the current fiscal year.

Eventbrite 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.