Susquehanna Fundamental Investments LLC purchased a new stake in Sportradar Group AG (NASDAQ:SRAD - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 11,050 shares of the company's stock, valued at approximately $192,000.
Other institutional investors also recently bought and sold shares of the company. Sei Investments Co. purchased a new stake in Sportradar Group during the 4th quarter valued at about $3,626,000. JPMorgan Chase & Co. lifted its position in shares of Sportradar Group by 120.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 52,784 shares of the company's stock valued at $639,000 after buying an additional 28,878 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Sportradar Group in the third quarter valued at about $479,000. Cornerstone Investment Partners LLC acquired a new position in shares of Sportradar Group during the fourth quarter valued at approximately $199,000. Finally, Moody National Bank Trust Division boosted its stake in Sportradar Group by 80.6% during the 4th quarter. Moody National Bank Trust Division now owns 136,926 shares of the company's stock worth $2,374,000 after purchasing an additional 61,105 shares during the last quarter.
Sportradar Group Trading Up 0.6 %
SRAD traded up $0.14 during trading on Wednesday, reaching $23.27. The company had a trading volume of 1,064,203 shares, compared to its average volume of 860,823. The firm's 50-day simple moving average is $22.09 and its 200 day simple moving average is $19.42. Sportradar Group AG has a 12-month low of $9.17 and a 12-month high of $25.85. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.53. The company has a market cap of $25.89 billion, a price-to-earnings ratio of 116.36, a PEG ratio of 1.53 and a beta of 2.08.
Sportradar Group (NASDAQ:SRAD - Get Free Report) last released its quarterly earnings data on Wednesday, March 19th. The company reported $0.00 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.04). Sportradar Group had a net margin of 5.61% and a return on equity of 6.69%. The firm had revenue of $307.00 million for the quarter, compared to analyst estimates of $294.60 million. Equities research analysts anticipate that Sportradar Group AG will post 0.15 earnings per share for the current year.
Analyst Ratings Changes
A number of equities analysts have commented on SRAD shares. UBS Group lifted their target price on shares of Sportradar Group from $24.00 to $29.00 and gave the stock a "buy" rating in a research note on Tuesday, April 8th. BTIG Research began coverage on Sportradar Group in a report on Friday, April 11th. They issued a "buy" rating and a $28.00 price target for the company. Morgan Stanley increased their price target on shares of Sportradar Group from $22.00 to $23.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 16th. Jefferies Financial Group raised their target price on shares of Sportradar Group from $23.00 to $27.00 and gave the stock a "buy" rating in a research note on Thursday, March 20th. Finally, JMP Securities restated a "market outperform" rating and set a $19.00 target price on shares of Sportradar Group in a research report on Monday, January 27th. One investment analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $27.00.
Check Out Our Latest Stock Report on Sportradar Group
About Sportradar Group
(
Free Report)
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.
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