Eventbrite’s CTO Makes a Major Stock Sale!

New insider activity at Eventbrite ( (EB) ) has taken place on May 17, 2025.

CTO Vivek Sagi has made a significant transaction by selling 189,789 shares of Eventbrite stock, amounting to a total value of $442,208.

Recent Updates on EB stock

Eventbrite’s stock has experienced recent developments following its Q1 earnings report, which presented a mixed outlook. The company reported a revenue of $73.8 million, aligning with the high end of its guidance, and achieved an adjusted EBITDA of $4.6 million. Despite these achievements, Eventbrite faced challenges such as a 14% year-over-year decline in net revenue and a decrease in gross margin due to the elimination of organizer fees. The net loss increased to $6.6 million, up from $4.5 million the previous year. Analyst Naved Khan from B. Riley lowered the price target for Eventbrite, citing the company’s Q1 results that slightly exceeded muted expectations and noted improvements in paid ticket growth, suggesting some success in turnaround efforts. Additionally, the resignation of key executives, including the CTO, adds uncertainty to the company’s future. Eventbrite remains optimistic, reaffirming its FY25 revenue guidance of $295M-$310M, supported by strong growth in ads and app engagement.

Spark’s Take on EB Stock

According to Spark, TipRanks’ AI Analyst, EB is a Neutral.

Eventbrite’s overall score highlights a company facing significant challenges. Strong cash management and growth in specific areas like Eventbrite Ads are positive, but are overshadowed by profitability issues, declining revenues, and executive instability. The valuation and technical indicators suggest caution, reflecting a stock under pressure.

To see Spark’s full report on EB stock, click here.

More about Eventbrite

YTD Price Performance: -35.38%

Average Trading Volume: 1,061,461

Technical Sentiment Signal: Sell

Current Market Cap: $227.3M