Genius Sports Limited $GENI Stock: Sumitomo Mitsui Trust Group Inc. Trims Stake

Key Points

• Sumitomo Mitsui Trust Group cut its Genius Sports stake by 10.6% in the third quarter, selling 372,659 shares. It retained 3.15 million shares, valued at about $18.1 million.
• Genius Sports’ quarterly revenue rose 62.3% year over year to $269.9 million, exceeding expectations, but its $0.06-per-share loss missed analyst estimates of $0.01 in earnings.
• The stock opened at $5.91, while analysts’ consensus rating was Moderate Buy with an average price target of $10.91. Institutional investors own about 81.9% of the company.

Sumitomo Mitsui Trust Group Inc. lessened its holdings in Genius Sports Limited (NYSE:GENI - Free Report) by 10.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,154,369 shares of the company's stock after selling 372,659 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned 1.28% of Genius Sports worth $18,075,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Signaturefd LLC raised its stake in shares of Genius Sports by 45.9% during the 3rd quarter. Signaturefd LLC now owns 5,096 shares of the company's stock worth $29,000 after purchasing an additional 1,602 shares during the period. Parallel Advisors LLC bought a new position in Genius Sports during the first quarter valued at about $25,000. Lexington Hill Partners LLC purchased a new stake in Genius Sports during the second quarter worth about $64,000. State of Alaska Department of Revenue purchased a new stake in Genius Sports during the third quarter worth about $63,000. Finally, Corient Private Wealth LP purchased a new stake in Genius Sports during the second quarter worth about $83,000. 81.91% of the stock is owned by hedge funds and other institutional investors.

Genius Sports News Summary

Here are the key news stories impacting Genius Sports this week:

• Positive Sentiment: Revenue rose 62.3% year over year to $269.9 million, topping analyst expectations of $261.1 million. The company also reported $54 million of free cash flow, a 61% conversion rate, and a 32% group adjusted EBITDA margin. Article: Genius Sports Beats Third Quarter Guidance; Raises Full-Year Outlook
• Positive Sentiment: Genius Sports raised its full-year outlook after beating its Q3 guidance. FY 2026 revenue guidance is $1.0 billion, in line with consensus. Article: Genius Sports beats guidance in first quarter post-Legend acquisition
• Neutral Sentiment: BTIG kept a Buy rating but cut its price target from $10 to $8, signaling reduced expectations while still seeing potential upside. BTIG Research recommendations
• Negative Sentiment: Adjusted performance did not translate into an EPS beat: the company reported a loss of $0.06 per share versus analysts’ expectation of $0.01 in earnings. Reports also flagged higher debt, adding to investor concerns about profitability and the balance sheet. Article: Genius Sports Reports Q3 2026 Revenue Growth and Higher Debt

Genius Sports Stock Down 15.7%

Shares of NYSE GENI opened at $5.91 on Friday. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a market capitalization of $1.46 billion, a PE ratio of -8.69 and a beta of 1.95. Genius Sports Limited has a one year low of $3.83 and a one year high of $11.57. The business's fifty day moving average price is $6.56 and its 200-day moving average price is $6.23.

Genius Sports (NYSE:GENI - Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.07). Genius Sports had a negative return on equity of 23.83% and a negative net margin of 22.99%. The firm had revenue of $269.86 million during the quarter, compared to analysts' expectations of $261.13 million. During the same period last year, the business posted ($0.11) EPS. The company's revenue was up 62.3% compared to the same quarter last year. On average, equities research analysts anticipate that Genius Sports Limited will post -0.35 EPS for the current year.

Insider Transactions at Genius Sports

In other news, insider Thomas Russell sold 50,000 shares of Genius Sports stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $6.51, for a total value of $325,500.00. Following the completion of the transaction, the insider owned 471,467 shares in the company, valued at $3,069,250.17. This trade represents a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Mark Locke sold 477,449 shares of Genius Sports stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $6.58, for a total transaction of $3,141,614.42. Following the completion of the transaction, the chief executive officer owned 19,697,767 shares of the company's stock, valued at $129,611,306.86. The trade was a 2.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 850,000 shares of company stock valued at $5,582,049 in the last quarter. Company insiders own 16.60% of the company's stock.

Analyst Ratings Changes

A number of research analysts have weighed in on GENI shares. Zacks Research upgraded shares of Genius Sports from a "strong sell" rating to a "hold" rating in a research note on Tuesday, October 6th. Wells Fargo & Company downgraded shares of Genius Sports from an "overweight" rating to an "equal weight" rating and set a $8.00 target price for the company. in a research report on Friday, August 7th. Oppenheimer raised their price target on shares of Genius Sports from $10.00 to $12.00 and gave the stock an "outperform" rating in a research note on Friday, August 7th. Stifel Nicolaus decreased their price target on shares of Genius Sports from $8.50 to $7.00 and set a "hold" rating for the company in a research note on Monday, October 26th. Finally, Freedom Capital raised shares of Genius Sports to a "strong-buy" rating in a report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Genius Sports currently has a consensus rating of "Moderate Buy" and a consensus target price of $10.91.

Genius Sports Company Profile

Genius Sports Limited NYSE: GENI is a sports technology and data company that provides official sports data, technology, and digital media solutions. Its platform helps sports organizations collect, manage, and distribute live game data while supporting fan engagement and commercial activities.

The company supplies real-time data and related products to sportsbooks, media companies, sports leagues, teams, and brands. Its services include live statistics, betting data and trading solutions, streaming and video content, digital marketing, sponsorship activation, and tools designed to connect sports audiences with content and advertising.

Genius Sports serves customers across international sports markets, including North America, Europe, and other regions.

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