Key Points
- CEO Carsten Koerl purchased a total of 254,100 shares in two filings (111,100 on Apr 30 at ~$13.06 and 143,000 on May 1 at ~$13.23), spending roughly $3.34M and raising his stake to about 2.28 million shares (~+6.7%).
- Earnings miss: Sportradar reported Q results with EPS of -$0.02 versus a $0.06 estimate and revenue of $401.1M versus $417.9M (revenue up 11.3% YoY), and several brokers have cut price targets though consensus remains a "Moderate Buy" with an average target near $24.94.
- Investor investigations have been launched by multiple law firms (including Rosen Law Firm and Bleichmar Fonti & Auld), creating potential legal and reputational risk for the company.
Sportradar Group AG (NASDAQ:SRAD - Get Free Report) Director Deirdre Mary Bigley bought 3,940 shares of the business's stock in a transaction on Thursday, April 30th. The shares were acquired at an average price of $12.57 per share, with a total value of $49,525.80. Following the completion of the purchase, the director directly owned 13,897 shares of the company's stock, valued at approximately $174,685.29. The trade was a 39.57% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.
Sportradar Group Stock Down 1.8%
NASDAQ SRAD opened at $13.02 on Tuesday. The business has a fifty day moving average price of $17.13 and a two-hundred day moving average price of $20.16. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.06 and a quick ratio of 1.06. Sportradar Group AG has a fifty-two week low of $11.66 and a fifty-two week high of $32.22. The stock has a market capitalization of $3.90 billion, a PE ratio of 54.25 and a beta of 1.65.
Sportradar Group (NASDAQ:SRAD - Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.08). Sportradar Group had a return on equity of 7.28% and a net margin of 5.20%.The business had revenue of $401.11 million for the quarter, compared to the consensus estimate of $417.86 million. During the same quarter in the previous year, the company earned $0.07 earnings per share. The firm's revenue for the quarter was up 11.3% on a year-over-year basis. Equities analysts expect that Sportradar Group AG will post 0.44 earnings per share for the current fiscal year.
Institutional Trading of Sportradar Group
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd raised its position in Sportradar Group by 93.1% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,286 shares of the company's stock worth $31,000 after purchasing an additional 620 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of Sportradar Group in the 4th quarter valued at about $31,000. Tower Research Capital LLC TRC increased its stake in shares of Sportradar Group by 10,125.0% in the second quarter. Tower Research Capital LLC TRC now owns 1,636 shares of the company's stock valued at $46,000 after buying an additional 1,620 shares during the period. Itau Unibanco Holding S.A. acquired a new stake in shares of Sportradar Group in the fourth quarter valued at about $45,000. Finally, CWM LLC raised its position in shares of Sportradar Group by 316.0% during the fourth quarter. CWM LLC now owns 2,475 shares of the company's stock worth $59,000 after acquiring an additional 1,880 shares during the last quarter.
Sportradar Group News Summary
Here are the key news stories impacting Sportradar Group this week:
- Positive Sentiment: CEO Carsten Koerl bought more stock in two transactions (111,100 shares on Apr 30 at ~$13.06 and 143,000 shares on May 1 at ~$13.23), increasing his stake by roughly 6.7% to ~2.28M shares — a material insider purchase that management likely views as a vote of confidence. SEC Filing - Koerl Purchases
- Positive Sentiment: Multiple independent directors (including Marc Walder, Jeffery Yabuki, George Fleet, William Kurtz, Rajani Ramanathan, Deirdre Bigley) also purchased shares at roughly $12.49–$13.00, many increasing their holdings materially — another internal signal of confidence from the board. SEC Filing - Director Purchases (example)
- Neutral Sentiment: Insider buys can support sentiment, but purchases near recent lows may reflect opportunistic buying rather than a change in fundamentals — read them in context with earnings and regulatory news.
- Negative Sentiment: Rosen Law Firm launched an investor investigation alleging Sportradar may have issued materially misleading business information; such probes can lead to class actions, disclosures, management distraction, and downside risk to shares. Rosen Law Firm Notice
- Negative Sentiment: Another firm (Bleichmar Fonti & Auld) opened an investigation after an earlier, large intraday drop that they attribute to alleged illegal activities — additional law‑firm interest amplifies legal and reputational risk. BFA Law Notice
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. The Goldman Sachs Group dropped their price target on Sportradar Group from $35.00 to $24.00 and set a "neutral" rating for the company in a research note on Wednesday, March 4th. Citigroup lowered their target price on Sportradar Group from $28.00 to $23.00 and set a "buy" rating for the company in a report on Wednesday, April 29th. UBS Group lowered their target price on Sportradar Group from $35.00 to $30.00 and set a "buy" rating for the company in a report on Thursday, April 30th. Morgan Stanley upped their target price on Sportradar Group from $24.00 to $25.00 and gave the stock an "equal weight" rating in a report on Wednesday, April 8th. Finally, BTIG Research lowered their target price on Sportradar Group from $23.00 to $18.00 and set a "buy" rating for the company in a report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $24.94.
Check Out Our Latest Report on Sportradar Group
About Sportradar Group
(
Get Free Report)
Sportradar Group is a global leader in digital sports data and content, delivering real-time statistics, analytics and sports betting solutions to clients across the gaming, media and sports federation sectors. The company aggregates and processes live data from more than 800,000 sporting events each year, providing feeds for pre-match and in-play odds, visualization tools and managed trading services. Its products also include integrity services, which monitor betting markets for irregularities and help sports organizations safeguard competition outcomes.
Founded in 2001 and headquartered in St.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
