Michael Connolly Miller Sells 1,500 Shares of Sportradar Group (NASDAQ:SRAD) Stock

Sportradar Group AG (NASDAQ:SRAD) insider Michael Connolly Miller sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $16.50, for a total transaction of $24,750.00. Following the completion of the transaction, the insider owned 72,414 shares of the company’s stock, valued at $1,194,831. This trade represents a 2.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Sportradar Group Stock Down 5.7%

Sportradar Group stock opened at $15.99 on Friday. The stock has a market capitalization of $4.79 billion, a PE ratio of 66.63 and a beta of 1.63. Sportradar Group AG has a twelve month low of $11.66 and a twelve month high of $32.22. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.06. The company has a 50 day moving average of $14.47 and a 200-day moving average of $17.98.

Sportradar Group (NASDAQ:SRAD) last released its quarterly 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). The company had revenue of $401.11 million during the quarter, compared to analyst estimates of $417.86 million. Sportradar Group had a net margin of 5.20% and a return on equity of 7.28%. The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.07 EPS. On average, equities research analysts anticipate that Sportradar Group AG will post 0.4 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on SRAD shares. Benchmark decreased their target price on shares of Sportradar Group from $23.00 to $16.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Wells Fargo & Company decreased their target price on shares of Sportradar Group from $24.00 to $17.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Morgan Stanley raised their target price on shares of Sportradar Group from $24.00 to $25.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 8th. The Goldman Sachs Group decreased their target price on shares of Sportradar Group from $35.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday, March 4th. Finally, Citizens Jmp decreased their target price on shares of Sportradar Group from $34.00 to $31.00 and set a “market outperform” rating for the company in a research report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Sportradar Group currently has an average rating of “Moderate Buy” and a consensus target price of $24.06.

Sportradar Group News Summary

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

• Negative Sentiment: Multiple law firms issued notices and reminders about a pending securities class action against Sportradar Group AG, with a lead-plaintiff deadline of July 17, 2026. The lawsuits allege investors were misled about the company’s business model and revenue sources, creating a significant legal overhang for SRAD. PR Newswire lawsuit notice
• Negative Sentiment: The class-action claims stem from April’s sharp selloff after Muddy Waters and Callisto Research accused Sportradar of misleading investors about the legality of its business model and “Integrity Services,” adding to concerns that more downside or settlement costs could follow. GlobeNewswire class action article
• Negative Sentiment: Insider Michael Connolly Miller sold 1,500 shares at $16.50 each, which is a relatively small transaction, but insider selling can still add to cautious sentiment when the stock is already facing legal uncertainty. Insider sale filing
• Neutral Sentiment: Earlier earnings remain a mixed backdrop: Sportradar beat revenue growth expectations year over year but missed EPS and revenue estimates, so the stock also lacks a strong fundamental catalyst to offset the legal news. MarketBeat SRAD overview

Institutional Trading of Sportradar Group

Large investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd lifted its stake in 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 during the last quarter. Empowered Funds LLC acquired a new stake in Sportradar Group in the fourth quarter valued at $31,000. Itau Unibanco Holding S.A. acquired a new stake in Sportradar Group in the fourth quarter valued at $45,000. Tower Research Capital LLC TRC lifted 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 valued at $46,000 after acquiring an additional 1,620 shares during the last quarter. Finally, CWM LLC lifted its stake in Sportradar Group by 316.0% in the fourth quarter. CWM LLC now owns 2,475 shares of the company’s stock valued at $59,000 after acquiring 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.