P.A.W. Capital Corp Has $2.60 Million Stock Holdings in Genius Sports Limited $GENI

P.A.W. Capital Corp lessened its stake in shares of Genius Sports Limited (NYSE:GENI) by 26.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 250,000 shares of the company’s stock after selling 90,000 shares during the period. Genius Sports accounts for about 5.0% of P.A.W. Capital Corp’s portfolio, making the stock its 7th largest position. P.A.W. Capital Corp’s holdings in Genius Sports were worth $2,600,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Greenwood Capital Associates LLC increased its stake in Genius Sports by 1.8% in the second quarter. Greenwood Capital Associates LLC now owns 52,692 shares of the company’s stock valued at $548,000 after purchasing an additional 937 shares in the last quarter. Victory Capital Management Inc. raised its stake in Genius Sports by 4.6% during the 1st quarter. Victory Capital Management Inc. now owns 24,854 shares of the company’s stock worth $249,000 after buying an additional 1,085 shares during the period. Cetera Investment Advisers grew its stake in Genius Sports by 10.0% in the second quarter. Cetera Investment Advisers now owns 15,288 shares of the company’s stock valued at $159,000 after acquiring an additional 1,388 shares during the period. Pacer Advisors Inc. grew its stake in Genius Sports by 61.5% in the first quarter. Pacer Advisors Inc. now owns 3,754 shares of the company’s stock valued at $38,000 after acquiring an additional 1,430 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Genius Sports by 8.3% during the second quarter. PNC Financial Services Group Inc. now owns 33,120 shares of the company’s stock valued at $344,000 after acquiring an additional 2,532 shares in the last quarter. 81.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on GENI. Macquarie restated an “outperform” rating and set a $15.00 price target on shares of Genius Sports in a research note on Wednesday, November 5th. UBS Group lifted their price objective on shares of Genius Sports from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Wednesday, September 10th. Zacks Research downgraded shares of Genius Sports from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 5th. Benchmark raised their price target on shares of Genius Sports from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Genius Sports in a report on Tuesday, October 14th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $14.11.

Genius Sports Stock Down 4.4%

GENI stock opened at $9.06 on Wednesday. The firm has a market cap of $1.95 billion, a PE ratio of -19.27 and a beta of 1.84. The business has a 50 day moving average of $11.70 and a 200-day moving average of $11.20. Genius Sports Limited has a 12-month low of $8.15 and a 12-month high of $13.73.

Genius Sports (NYSE:GENI) last issued its quarterly earnings results on Tuesday, November 4th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.18). Genius Sports had a negative return on equity of 14.39% and a negative net margin of 19.71%.The business had revenue of $166.28 million for the quarter, compared to the consensus estimate of $156.24 million. Genius Sports has set its FY 2025 guidance at EPS. On average, research analysts expect that Genius Sports Limited will post -0.1 earnings per share for the current year.

About Genius Sports

Genius Sports Limited engages in the development and sale of technology-led products and services to the sports, sports betting, and sports media industries. It offers technology infrastructure for the collection, integration, and distribution of live data of sports leagues; streaming solutions comprising technology, automatic production, and distribution for sports to commercialize video footage of their games; and end-to-end integrity services to sports leagues, such as full-time active monitoring technology, which uses mathematical algorithms to identify and flag suspicious betting activity in global betting markets, as well as a full suite of online and offline educational and consultancy services.