SportradarSRAD
About: Sportradar Group AG is a technology platform enabling next-generation engagement in sports, and a provider of B2B solutions to the sports betting industry. It generates revenue through two primary sources: subscription-based revenue and revenue sharing.
Employees: 4,383
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
93% more call options, than puts
Call options by funds: $4.39M | Put options by funds: $2.27M
30% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 23
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
2% more funds holding
Funds holding: 85 [Q1] → 87 (+2) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]
0.79% less ownership
Funds ownership: 81.31% [Q1] → 80.52% (-0.79%) [Q2]
4% less capital invested
Capital invested by funds: $1.96B [Q1] → $1.87B (-$87.1M) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Benchmark Mike Hickey 63% 1-year accuracy 22 / 35 met price target | 13%upside $14 | Buy Maintained | 10 Oct 2024 |
JMP Securities Jordan Bender 59% 1-year accuracy 20 / 34 met price target | 29%upside $16 | Market Outperform Upgraded | 4 Sept 2024 |
Benchmark Mike Hickey 63% 1-year accuracy 22 / 35 met price target | 3%downside $12 | Buy Reiterated | 14 Aug 2024 |
Canaccord Genuity Michael Graham 75% 1-year accuracy 3 / 4 met price target | 29%upside $16 | Buy Maintained | 14 Aug 2024 |
Jefferies David Katz 50% 1-year accuracy 4 / 8 met price target | 29%upside $16 | Buy Upgraded | 14 Aug 2024 |
Financial journalist opinion
Based on 5 articles about SRAD published over the past 30 days