Sportradar Group (NASDAQ:SRAD) Director William Kurtz Acquires 8,000 Shares

Key Points

• Director William Kurtz bought 8,000 shares on April 30 at $12.97 each for $103,760, raising his total holdings to 30,179 shares — a 36.07% increase in his ownership.
• Sportradar missed quarterly estimates, reporting ($0.02) EPS vs. $0.06 expected and $401.11 million in revenue vs. $417.86 million expected, though revenue was up 11.3% year‑over‑year.
• Several analysts cut price targets, but the consensus remains a Moderate Buy with a $24.94 target; shares opened at $13.26 and trade near the 52‑week low of $11.66 (52‑week high $32.22).

Sportradar Group AG (NASDAQ:SRAD - Get Free Report) Director William Kurtz bought 8,000 shares of Sportradar Group stock in a transaction on Thursday, April 30th. The shares were acquired at an average price of $12.97 per share, for a total transaction of $103,760.00. Following the completion of the acquisition, the director owned 30,179 shares in the company, valued at $391,421.63. This represents a 36.07% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Sportradar Group Price Performance

Sportradar Group stock opened at $13.26 on Monday. The firm has a market cap of $3.97 billion, a PE ratio of 55.25 and a beta of 1.66. Sportradar Group AG has a 52-week low of $11.66 and a 52-week 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's 50 day moving average is $17.13 and its two-hundred day moving average is $20.16.

Sportradar Group (NASDAQ:SRAD - Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by ($0.08). The business had revenue of $401.11 million for the quarter, compared to analyst estimates of $417.86 million. Sportradar Group had a return on equity of 7.28% and a net margin of 5.20%.Sportradar Group'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 earnings per share. On average, research analysts expect that Sportradar Group AG will post 0.44 EPS for the current fiscal year.

Institutional Investors Weigh In On Sportradar Group

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Cresset Asset Management LLC raised its stake in Sportradar Group by 2.1% during the 2nd quarter. Cresset Asset Management LLC now owns 18,746 shares of the company's stock worth $526,000 after acquiring an additional 394 shares in the last quarter. Mindset Wealth Management LLC raised its stake in Sportradar Group by 5.5% during the 3rd quarter. Mindset Wealth Management LLC now owns 8,992 shares of the company's stock worth $242,000 after acquiring an additional 466 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in Sportradar Group by 5.3% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 9,658 shares of the company's stock worth $260,000 after acquiring an additional 489 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its stake in Sportradar Group by 93.1% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,286 shares of the company's stock worth $31,000 after acquiring an additional 620 shares in the last quarter. Finally, Northwest & Ethical Investments L.P. raised its stake in Sportradar Group by 7.7% during the 4th quarter. Northwest & Ethical Investments L.P. now owns 14,745 shares of the company's stock worth $356,000 after acquiring an additional 1,055 shares in the last quarter.

Analyst Ratings Changes

A number of equities research analysts have commented on SRAD shares. Stifel Nicolaus dropped their price objective on shares of Sportradar Group from $25.00 to $21.00 and set a "buy" rating on the stock in a research report on Wednesday, April 29th. Citigroup dropped their price objective on shares of Sportradar Group from $28.00 to $23.00 and set a "buy" rating on the stock in a research report on Wednesday, April 29th. Wells Fargo & Company dropped their price objective on shares of Sportradar Group from $24.00 to $17.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 29th. BTIG Research dropped their price objective on shares of Sportradar Group from $23.00 to $18.00 and set a "buy" rating on the stock in a research report on Tuesday, April 28th. Finally, Guggenheim dropped their price objective on shares of Sportradar Group from $35.00 to $30.00 and set a "buy" rating on the stock in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Sportradar Group currently has an average rating of "Moderate Buy" and a consensus target price of $24.94.

About Sportradar Group

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.

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