Vivid Seats Inc. (NASDAQ:SEAT) has received an average rating of 'Moderate Buy' from eight brokerages covering the firm. Three analysts have given the stock a hold recommendation, while five have issued a buy recommendation. The average 12-month price target among these brokerages is $10.31 [2f379a7f].
Institutional investors have recently made changes to their positions in SEAT. Parkside Financial Bank & Trust increased its stake in Vivid Seats by 84.7% in the fourth quarter, now owning 4,557 shares of the company's stock valued at $29,000. Bank of America Corp DE also acquired a new position in Vivid Seats in the first quarter, valued at approximately $33,000. DekaBank Deutsche Girozentrale and Lazard Asset Management LLC both bought new positions in Vivid Seats during the third quarter, worth about $37,000 each. Quarry LP lifted its stake in Vivid Seats by 291.2% in the first quarter, now owning 6,584 shares of the company's stock valued at $50,000. Institutional investors and hedge funds now own 39.92% of the company's stock [2f379a7f].
MongoDB, Inc. (NASDAQ:MDB) has been given an average rating of 'Moderate Buy' by brokerages. The company has received ratings from twenty-six research firms, with one analyst rating the stock as a sell, five as hold, nineteen as buy, and one as a strong buy. The average twelve-month target price among analysts is $364.11. Several equities research analysts have weighed in on the stock, with Bank of America, Robert W. Baird, Loop Capital, Truist Financial, and Canaccord Genuity Group all reducing their price targets. MongoDB's stock opened at $227.02 on Friday, with a market capitalization of $16.53 billion. The company reported a negative net margin of 11.50% and a negative return on equity of 14.88% in its last quarterly earnings report. Insiders, including Director Dwight A. Merriman, have sold shares of MongoDB stock in recent transactions. Hedge funds and other institutional investors own 89.29% of the company's stock.