Jericho Capital Asset Management L.P. Purchases Shares of 3,160,174 Sportradar Group AG $SRAD

Jericho Capital Asset Management L.P. purchased a new stake in shares of Sportradar Group AG (NASDAQ:SRAD) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 3,160,174 shares of the company’s stock, valued at approximately $75,117,000. Sportradar Group comprises approximately 0.9% of Jericho Capital Asset Management L.P.’s portfolio, making the stock its 24th biggest position.

Several other institutional investors also recently modified their holdings of SRAD. Wealth High Governance Capital Ltda increased its holdings in shares of Sportradar Group by 144.1% in the 4th quarter. Wealth High Governance Capital Ltda now owns 366,157 shares of the company’s stock worth $8,704,000 after buying an additional 216,159 shares during the last quarter. UBS Group AG increased its stake in Sportradar Group by 107.1% in the fourth quarter. UBS Group AG now owns 2,394,126 shares of the company’s stock valued at $56,908,000 after acquiring an additional 1,238,054 shares during the last quarter. Stephens Investment Management Group LLC purchased a new stake in Sportradar Group during the fourth quarter valued at about $52,643,000. Asset Management One Co. Ltd. purchased a new stake in Sportradar Group during the fourth quarter valued at about $2,941,000. Finally, TD Asset Management Inc lifted its stake in Sportradar Group by 560.3% during the third quarter. TD Asset Management Inc now owns 542,094 shares of the company’s stock worth $14,582,000 after purchasing an additional 460,000 shares during the last quarter.

Analyst Ratings Changes

Several brokerages have recently commented on SRAD. Truist Financial reduced their price objective on Sportradar Group from $26.00 to $18.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. UBS Group reaffirmed a “buy” rating on shares of Sportradar Group in a research note on Tuesday, June 9th. Weiss Ratings reissued a “sell (d+)” rating on shares of Sportradar Group in a research note on Friday, March 27th. Jefferies Financial Group lowered shares of Sportradar Group from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $30.00 to $14.00 in a report on Friday, April 24th. Finally, Needham & Company LLC increased their target price on shares of Sportradar Group from $19.00 to $23.00 and gave the company a “buy” rating in a report on Monday, June 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $24.06.

Key Sportradar Group News

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

• Positive Sentiment: One market commentary remained constructive on the fundamentals, saying Sportradar has strong operating leverage, customer expansion, and potential upside from its entry into prediction markets via the Kalshi deal. Sportradar: Focus On The Fundamentals
• Neutral Sentiment: Several firms, including Rosen, Kahn Swick & Foti, Glancy Prongay Wolke & Rotter, Bernstein Liebhard, Robbins, Pomerantz, Levi & Korsinsky, and others, issued class-action notices and deadline reminders, highlighting ongoing litigation rather than new operating developments. Rosen class-action deadline notice
• Negative Sentiment: The lawsuits repeatedly reference a prior 22% share-price drop on April 22, 2026 after activist short-seller reports accused Sportradar of an illegal business model and improper revenue sourcing, reinforcing concerns about legal exposure and reputation risk. Sportradar securities class action and short-seller allegations

Insider Activity at Sportradar Group

In other Sportradar Group news, Director Marc Walder acquired 66,000 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were purchased at an average cost of $12.77 per share, for a total transaction of $842,820.00. Following the transaction, the director owned 342,563 shares in the company, valued at $4,374,529.51. This represents a 23.86% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Carsten Koerl bought 143,000 shares of Sportradar Group stock in a transaction dated Friday, May 1st. The shares were acquired at an average cost of $13.23 per share, for a total transaction of $1,891,890.00. Following the completion of the purchase, the chief executive officer directly owned 2,278,272 shares of the company’s stock, valued at approximately $30,141,538.56. This trade represents a 6.70% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought 357,893 shares of company stock worth $4,668,220 over the last 90 days. 85.02% of the stock is owned by insiders.

Sportradar Group Trading Down 5.0%

Shares of SRAD opened at $15.03 on Thursday. The stock has a market capitalization of $4.50 billion, a P/E ratio of 62.63 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 firm has a fifty day simple moving average of $14.39 and a two-hundred day simple moving average of $17.83.

Sportradar Group (NASDAQ:SRAD) last issued its quarterly earnings data on Wednesday, April 29th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.06 by ($0.08). The firm had revenue of $401.11 million for the quarter, compared to the consensus estimate of $417.86 million. Sportradar Group had a net margin of 5.20% and a return on equity of 7.28%. The business’s revenue was up 11.3% on a year-over-year basis. During the same period last year, the company posted $0.07 earnings per share. On average, research analysts anticipate that Sportradar Group AG will post 0.4 EPS for the current year.

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.