Sportradar Group AG (NASDAQ:SRAD) Given Consensus Rating of “Moderate Buy” by Analysts

Sportradar Group AG (NASDAQ:SRAD) has been assigned a consensus recommendation of “Moderate Buy” from the eighteen ratings firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation, eleven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $22.6667.

Several equities analysts have recently weighed in on the company. Citizens Jmp cut their target price on Sportradar Group from $26.00 to $24.00 and set a “market outperform” rating on the stock in a research report on Wednesday, July 8th. Truist Financial lowered their price target on Sportradar Group from $26.00 to $18.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. BTIG Research dropped their price objective on shares of Sportradar Group from $23.00 to $18.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th. JPMorgan Chase & Co. boosted their price objective on shares of Sportradar Group from $16.00 to $17.00 and gave the company a “neutral” rating in a research report on Wednesday. Finally, Benchmark reissued a “buy” rating on shares of Sportradar Group in a research note on Thursday, July 9th.

Key Sportradar Group News

Here are the key news stories impacting Sportradar Group this week:

• Neutral Sentiment: Multiple law firms reminded investors that the deadline to seek lead-plaintiff status in a securities class action against Sportradar is July 17, with claims covering purchases made between November 7, 2024 and April 21, 2026. Article link
• Neutral Sentiment: Hagens Berman, Faruqi & Faruqi, Rosen, Pomerantz, and other firms issued similar notices urging investors with losses in Sportradar Group AG (SRAD) to contact counsel before the deadline, keeping the lawsuit in focus for shareholders. Article link
• Neutral Sentiment: There was also a separate note pointing to JPMorgan Chase’s positive forecast for Sportradar stock, which may offer some offsetting support, though the dominant theme in the latest headlines is still litigation-related. Article link

Sportradar Group Trading Down 3.1%

SRAD opened at $14.38 on Friday. The firm has a market cap of $4.31 billion, a P/E ratio of 59.92 and a beta of 1.60. Sportradar Group has a 12 month low of $11.66 and a 12 month high of $32.22. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.06. The stock has a 50-day moving average of $14.48 and a 200 day moving average of $16.67.

Sportradar Group (NASDAQ:SRAD) last issued its quarterly earnings data 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 company had revenue of $401.11 million for the quarter, compared to the consensus estimate of $417.86 million. During the same period in the previous year, the firm earned $0.07 earnings per share. The company’s revenue was up 11.3% compared to the same quarter last year. As a group, research analysts forecast that Sportradar Group will post 0.4 EPS for the current year.

Insider Activity

In other news, Director William Kurtz acquired 8,000 shares of Sportradar Group stock in a transaction that occurred on Thursday, April 30th. The shares were bought at an average cost of $12.97 per share, with a total value of $103,760.00. Following the transaction, the director directly owned 30,179 shares of the company’s stock, valued at $391,421.63. This trade represents a 36.07% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, CEO Carsten Koerl acquired 143,000 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was purchased at an average cost of $13.23 per share, with a total value of $1,891,890.00. Following the purchase, the chief executive officer owned 2,278,272 shares of the company’s stock, valued at $30,141,538.56. The trade was a 6.70% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought 357,893 shares of company stock worth $4,668,220 in the last 90 days. Company insiders own 85.02% of the company’s stock.

Institutional Investors Weigh In On Sportradar Group

Several hedge funds and other institutional investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd boosted its holdings 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 valued at $31,000 after acquiring an additional 620 shares during the period. Empowered Funds LLC purchased a new stake in Sportradar Group in the fourth quarter worth $31,000. Tower Research Capital LLC TRC increased its stake in 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 worth $46,000 after purchasing an additional 1,620 shares during the period. Itau Unibanco Holding S.A. bought a new stake in shares of Sportradar Group during the fourth quarter worth $45,000. Finally, CWM LLC lifted 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 purchasing an additional 1,880 shares during the last quarter.

Sportradar Group Company Profile

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.