184,421 Shares in Genius Sports Limited $GENI Bought by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new position in shares of Genius Sports Limited (NYSE:GENI) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 184,421 shares of the company’s stock, valued at approximately $2,032,000. WINTON GROUP Ltd owned approximately 0.09% of Genius Sports at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of GENI. Aster Capital Management DIFC Ltd purchased a new stake in shares of Genius Sports during the third quarter worth $65,000. Bessemer Group Inc. raised its holdings in shares of Genius Sports by 1,163.1% during the third quarter. Bessemer Group Inc. now owns 7,010 shares of the company’s stock worth $87,000 after acquiring an additional 6,455 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of Genius Sports by 72.6% during the second quarter. Osaic Holdings Inc. now owns 10,645 shares of the company’s stock worth $111,000 after acquiring an additional 4,477 shares in the last quarter. Orion Porfolio Solutions LLC purchased a new stake in shares of Genius Sports during the second quarter worth $112,000. Finally, Victory Financial Group LLC purchased a new stake in shares of Genius Sports during the fourth quarter worth $113,000. 81.91% of the stock is currently owned by hedge funds and other institutional investors.

Genius Sports Stock Performance

Shares of NYSE:GENI opened at $5.91 on Monday. The company has a market cap of $1.45 billion, a P/E ratio of -9.68 and a beta of 1.89. The stock’s 50-day moving average is $4.76 and its 200-day moving average is $7.15. Genius Sports Limited has a 52-week low of $3.83 and a 52-week high of $13.73.

Genius Sports (NYSE:GENI) last issued its quarterly earnings results on Thursday, May 7th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.12). The business had revenue of $187.95 million during the quarter, compared to analyst estimates of $170.60 million. Genius Sports had a negative net margin of 22.26% and a negative return on equity of 20.34%. The company’s revenue for the quarter was up 30.5% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.03) earnings per share. As a group, equities analysts predict that Genius Sports Limited will post -0.12 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have commented on GENI. UBS Group reissued a “buy” rating on shares of Genius Sports in a research report on Wednesday, March 4th. Truist Financial lowered their target price on shares of Genius Sports from $13.00 to $10.00 and set a “buy” rating on the stock in a research report on Tuesday, April 21st. B. Riley Financial reissued a “buy” rating on shares of Genius Sports in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft began coverage on shares of Genius Sports in a research report on Monday, May 11th. They set a “buy” rating and a $10.00 target price on the stock. Finally, Needham & Company LLC lowered their target price on shares of Genius Sports from $14.00 to $10.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $11.68.

Genius Sports Profile

Genius Sports is a global sports technology company that specializes in collecting, analyzing and distributing real-time sports data and video streams. The firm provides official data feeds, live video streaming solutions and digital engagement tools to sports leagues, federations, broadcasters and betting operators. By integrating data directly from sporting events through its network of field officials and proprietary technology, Genius Sports ensures accuracy and integrity for partners who rely on up-to-the-second information.

The company’s product suite includes a cloud-based platform for data capture and distribution, an integrity services offering designed to identify and mitigate match-fixing risks, and a suite of commercial products that power odds creation, in-game betting markets and fan engagement experiences.