Thomas Russell Sells 50,000 Shares of Genius Sports (NYSE:GENI) Stock

Key Points

• Insider Thomas Russell sold 50,000 Genius Sports shares at an average price of $6.51, worth $325,500, reducing his ownership by 9.59% to 471,467 shares.
• GENI shares fell to $5.62 during Friday trading, while the company’s latest quarterly results showed a larger-than-expected loss of $0.28 per share despite 64.7% year-over-year revenue growth to $195.5 million.
• Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and average price target of $11.44, although the stock faces sentiment pressure from insider selling and ongoing losses.

Genius Sports Limited (NYSE:GENI - Get Free Report) insider Thomas Russell sold 50,000 shares of the stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $6.51, for a total value of $325,500.00. Following the transaction, the insider directly owned 471,467 shares of the company's stock, valued at approximately $3,069,250.17. This trade represents a 9.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Genius Sports Stock Performance

Shares of GENI traded down $0.85 during mid-day trading on Friday, hitting $5.62. The stock had a trading volume of 17,525,148 shares, compared to its average volume of 6,278,827. Genius Sports Limited has a 52 week low of $3.83 and a 52 week high of $13.69. 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 business has a fifty day moving average price of $7.25 and a 200-day moving average price of $5.97. The firm has a market cap of $1.39 billion, a P/E ratio of -8.27 and a beta of 1.88.

Genius Sports (NYSE:GENI - Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.21). Genius Sports had a negative return on equity of 23.83% and a negative net margin of 22.99%.The firm had revenue of $195.50 million for the quarter, compared to the consensus estimate of $184.43 million. During the same quarter in the previous year, the company posted ($0.21) EPS. The firm's revenue was up 64.7% compared to the same quarter last year. On average, equities research analysts expect that Genius Sports Limited will post -0.35 EPS for the current year.

Institutional Trading of Genius Sports

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. WINTON GROUP Ltd bought a new position in shares of Genius Sports in the second quarter worth $1,120,000. Corient Private Wealth LP bought a new stake in Genius Sports during the second quarter valued at $83,000. Odyssean LLC grew its position in Genius Sports by 61.3% during the second quarter. Odyssean LLC now owns 230,581 shares of the company's stock worth $1,397,000 after buying an additional 87,604 shares in the last quarter. Round Rock Advisors LLC bought a new position in Genius Sports in the 2nd quarter worth about $595,000. Finally, Ancora Advisors LLC increased its stake in Genius Sports by 201.3% in the 2nd quarter. Ancora Advisors LLC now owns 370,631 shares of the company's stock worth $2,246,000 after acquiring an additional 247,610 shares during the last quarter. Institutional investors own 81.91% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Citigroup restated a "market outperform" rating on shares of Genius Sports in a research note on Tuesday, September 8th. Roth Capital reissued a "buy" rating and set a $12.00 target price on shares of Genius Sports in a report on Friday, August 7th. BTIG Research raised their price target on Genius Sports from $9.00 to $10.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Wall Street Zen cut Genius Sports from a "sell" rating to a "strong sell" rating in a research report on Sunday, September 13th. Finally, Freedom Capital upgraded Genius Sports to a "strong-buy" rating in a research note on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $11.44.

Trending Headlines about Genius Sports

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

• Positive Sentiment: Prediction.com launch expands Genius Sports’ growth strategy. The new platform compares prediction-market probabilities, event contracts and related insights, potentially creating additional traffic, data and advertising monetization opportunities alongside the company’s existing sports-betting ecosystem. Genius Sports Launches Prediction Markets Comparison App
• Positive Sentiment: Management is positioning Genius Sports to benefit from multiple forms of wagering, including prediction markets. The initiative could diversify revenue sources if consumer adoption grows and regulatory access expands. Genius Sports Launches Prediction.com
• Neutral Sentiment: The company is also adding basketball content featuring Chris Paul, which may support audience engagement and brand visibility, although no financial contribution was disclosed. Chris Paul content series
• Negative Sentiment: CEO Mark Locke sold 800,000 shares over September 15–17 for approximately $5.26 million, including 50,000 shares sold most recently. The sales reduced his ownership by roughly 4% and can weigh on investor sentiment, even though he continues to hold about 19.38 million shares. SEC insider ownership filing
• Negative Sentiment: Prediction markets face legal and regulatory challenges. Uncertainty over permissible event contracts and market access could delay revenue generation from Prediction.com and limit the platform’s near-term valuation impact. Genius Sports CEO on the future of prediction markets

About Genius Sports

Genius Sports Limited NYSE: GENI is a sports technology and data company that provides official sports data, technology, and digital services to sports leagues, federations, teams, broadcasters, sportsbooks, and brands. Its platforms help clients collect, manage, distribute, and commercialize live sports information across digital channels.

The company's offerings include live scores and statistics, data feeds for sports betting, fan-engagement tools, video streaming and content services, and advertising and sponsorship technology.

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