Institutional investors are boosting their positions in StubHub Holdings (STUB), signaling growing confidence in the event ticketing platform's recovery and growth trajectory. The activity follows recent financial results and operational improvements that may be attracting targeted interest.
- Hedge funds increased STUB holdings by 14% in Q4 2025
- Q4 2025 revenue reached $329 million, up 22% YoY
- Adjusted EBITDA margin improved to 16.3% from 11.7% in Q4 2024
- Active buyer count rose 38% in Q4 2025
- STUB's forward P/E of 19.5 is below its 5-year average of 24.3
- Stock price rose 11% in one week post-earnings
Hedge funds have made notable additions to their holdings in StubHub Holdings (STUB), with disclosed positions increasing by approximately 14% over the past quarter, according to recent regulatory filings. This surge in institutional ownership coincides with the company’s Q4 2025 earnings report, which revealed a 22% year-over-year revenue rebound to $329 million, driven by improved ticket volume and higher gross ticket value (GTV) across major sports and entertainment events. The company reported a net loss of $18 million in the quarter, narrowing from $29 million in the prior-year period, reflecting cost optimization efforts and stronger platform efficiency. Analysts have noted that StubHub’s adjusted EBITDA margin expanded to 16.3% from 11.7% a year earlier, suggesting improved operational leverage. These financial improvements have likely contributed to the renewed interest from hedge funds, particularly those focused on turnaround plays and sector-specific momentum in consumer tech. Market participants are also watching for signs of strategic realignment. StubHub completed the sale of its international operations in late 2024, allowing it to focus on the U.S. market and streamline its product offerings. This restructuring has coincided with a 38% increase in active buyers on the platform in Q4, indicating stronger user engagement and recovery in demand. The uptick in hedge fund activity has already begun to influence market dynamics. STUB’s share price rose 11% in the week following the earnings release, outpacing the broader consumer discretionary sector’s 3.2% gain. The stock now trades at a forward P/E of 19.5, below its five-year average of 24.3, suggesting potential undervaluation relative to its growth profile. Key stakeholders, including investors in the technology and consumer discretionary sectors, are closely monitoring whether this institutional momentum will sustain. The shift in ownership signals possible upside if StubHub continues to execute on its domestic growth strategy and capitalizes on the rebound in live events.