12,227 Shares in Sportradar Group AG (NASDAQ:SRAD) Purchased by Sciencast Management LP

Sciencast Management LP acquired a new position in Sportradar Group AG (NASDAQ:SRAD) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 12,227 shares of the company’s stock, valued at approximately $212,000.

Several other large investors also recently bought and sold shares of the business. Janus Henderson Group PLC increased its holdings in Sportradar Group by 14.9% in the 3rd quarter. Janus Henderson Group PLC now owns 3,582,528 shares of the company’s stock worth $43,384,000 after buying an additional 463,441 shares in the last quarter. Portolan Capital Management LLC bought a new stake in shares of Sportradar Group during the 3rd quarter valued at about $12,061,000. New York State Common Retirement Fund bought a new stake in shares of Sportradar Group during the 4th quarter valued at about $12,887,000. Cambiar Investors LLC bought a new stake in shares of Sportradar Group during the 4th quarter valued at about $10,837,000. Finally, Wilson Asset Management International PTY Ltd. grew its stake in shares of Sportradar Group by 62.7% during the 4th quarter. Wilson Asset Management International PTY Ltd. now owns 436,051 shares of the company’s stock valued at $7,561,000 after purchasing an additional 168,033 shares during the period.

Sportradar Group Stock Up 0.1 %

NASDAQ SRAD opened at $22.32 on Monday. The stock’s 50 day moving average is $21.01 and its 200 day moving average is $16.99. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. Sportradar Group AG has a 12 month low of $9.17 and a 12 month high of $23.00. The stock has a market cap of $24.81 billion, a PE ratio of 111.61, a P/E/G ratio of 1.53 and a beta of 2.19.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Jefferies Financial Group boosted their price target on Sportradar Group from $23.00 to $27.00 and gave the company a “buy” rating in a research note on Thursday. Citigroup boosted their price target on Sportradar Group from $25.00 to $27.00 and gave the company a “buy” rating in a research note on Thursday. Benchmark boosted their price objective on Sportradar Group from $24.00 to $26.00 and gave the company a “buy” rating in a research note on Thursday. JMP Securities reiterated a “market outperform” rating and set a $19.00 price objective on shares of Sportradar Group in a research note on Monday, January 27th. Finally, Canaccord Genuity Group boosted their price objective on Sportradar Group from $28.00 to $30.00 and gave the company a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $24.67.

Sportradar Group Profile

Sportradar Group AG, together with its subsidiaries, provides sports data services for the sports betting and media industries in the United Kingdom, the United States, Malta, Switzerland, and internationally. Its sports data services to the bookmaking under the Betradar brand name, and to the international media industry under the Sportradar Media Services brand name.