Roubaix Capital LLC acquired a new stake in Sportradar Group AG (NASDAQ:SRAD – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 333,382 shares of the company’s stock, valued at approximately $5,581,000. Sportradar Group accounts for about 2.6% of Roubaix Capital LLC’s investment portfolio, making the stock its 14th biggest holding.
A number of other institutional investors have also recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd raised its stake in shares of Sportradar Group by 93.1% in the fourth 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 in the last quarter. Empowered Funds LLC acquired a new position in Sportradar Group during the 4th quarter worth $31,000. Itau Unibanco Holding S.A. acquired a new position in Sportradar Group during the 4th quarter worth $45,000. Tower Research Capital LLC TRC increased its holdings in Sportradar Group by 10,125.0% during the 2nd 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. Finally, CWM LLC increased its holdings in Sportradar Group by 316.0% during the 4th 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 period.
Sportradar Group Stock Down 3.1%
Sportradar Group stock opened at $14.38 on Friday. Sportradar Group AG has a 1-year low of $11.66 and a 1-year high of $32.22. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a market cap of $4.31 billion, a PE ratio of 59.92 and a beta of 1.60. The stock’s fifty day moving average is $14.48 and its two-hundred day moving average is $16.67.
Key Headlines Impacting Sportradar Group
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
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on SRAD. Benchmark reiterated a “buy” rating on shares of Sportradar Group in a research note on Thursday, July 9th. UBS Group restated a “buy” rating on shares of Sportradar Group in a research note on Tuesday, June 9th. Citizens Jmp reduced their target price on shares of Sportradar Group from $26.00 to $24.00 and set a “market outperform” rating on the stock in a report on Wednesday, July 8th. Stifel Nicolaus decreased their price target on shares of Sportradar Group from $25.00 to $21.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Needham & Company LLC lifted their price target on shares of Sportradar Group from $19.00 to $23.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Sportradar Group currently has a consensus rating of “Moderate Buy” and an average price target of $22.67.
Read Our Latest Research Report on Sportradar Group
Insider Buying and Selling at Sportradar Group
In other Sportradar Group news, Director Deirdre Mary Bigley bought 3,940 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average price of $12.57 per share, for a total transaction of $49,525.80. Following the completion of the purchase, the director directly owned 13,897 shares in the company, valued at $174,685.29. This trade represents a 39.57% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Rajani Ramanathan purchased 8,003 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was acquired at an average cost of $12.49 per share, with a total value of $99,957.47. Following the completion of the acquisition, the director directly owned 38,947 shares of the company’s stock, valued at $486,448.03. This represents a 25.86% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have acquired 357,893 shares of company stock worth $4,668,220. 85.02% of the stock is currently owned by corporate insiders.
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.
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