Nuveen LLC Makes New $448,000 Investment in Eventbrite, Inc. $EB

Nuveen LLC purchased a new position in Eventbrite, Inc. (NYSE:EB) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 212,223 shares of the company’s stock, valued at approximately $448,000. Nuveen LLC owned 0.22% of Eventbrite at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EB. Pallas Capital Advisors LLC boosted its position in shares of Eventbrite by 52.2% during the 1st quarter. Pallas Capital Advisors LLC now owns 16,928 shares of the company’s stock valued at $36,000 after acquiring an additional 5,803 shares during the last quarter. CHICAGO TRUST Co NA bought a new position in shares of Eventbrite during the 1st quarter valued at approximately $44,000. Federated Hermes Inc. bought a new position in shares of Eventbrite during the 1st quarter valued at approximately $52,000. Mercer Global Advisors Inc. ADV bought a new position in shares of Eventbrite during the 4th quarter valued at approximately $66,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Eventbrite during the 4th quarter valued at approximately $71,000. 91.64% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Eventbrite Stock Performance

EB stock opened at $2.62 on Friday. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 1.19. The business’s fifty day simple moving average is $2.56 and its two-hundred day simple moving average is $2.44. Eventbrite, Inc. has a twelve month low of $1.80 and a twelve month high of $4.12. The firm has a market cap of $252.35 million, a price-to-earnings ratio of -11.89 and a beta of 2.03.

Eventbrite (NYSE:EB) last released its earnings results on Thursday, August 7th. The company reported ($0.02) earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $71.67 million. Eventbrite has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts predict that Eventbrite, Inc. will post -0.12 earnings per share for the current year.

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.