Sportradar (SRAD)

• Market cap: $5.19B
• 1 day: 0.69%
• 5 days: 5.84%
• 1 month: 1.63%
• 3 months: 41.09%
• 6 months: 59.72%
• Year to date: 57.99%
• 1 year: 57.56%
• 5 years: -30.50%
• 10 years: -30.50%

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 Q3 regulatory filings by fund managers ($100M+ AUM)

560% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 5

96% more call options, than puts

Call options by funds: $7.06M | Put options by funds: $3.6M

62% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 26

33% more funds holding

Funds holding: 86 [Q2] → 114 (+28) [Q3]

8% more capital invested

Capital invested by funds: $1.88B [Q2] → $2.04B (+$156M) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]

0.02% less ownership

Funds ownership: 81.03% [Q2] → 81.02% (-0.02%) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $13 25% downside
• Avg. target: $16.40 6% downside
• High target: $20 15% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

Citigroup Jason Bazinet 71% 1-year accuracy 22 / 31 met price target	15% upside $20	Buy Maintained	21 Nov 2024
Needham Bernie McTernan 59% 1-year accuracy 77 / 131 met price target	3% upside $18	Buy Maintained	8 Nov 2024
Benchmark Mike Hickey 73% 1-year accuracy 55 / 75 met price target	8% downside $16	Buy Maintained	8 Nov 2024
Morgan Stanley Connor Lynagh 31% 1-year accuracy 4 / 13 met price target	25% downside $13	Equal-Weight Maintained	22 Oct 2024
JP Morgan Samuel Nielsen 100% 1-year accuracy 1 / 1 met price target	14% downside $15	Overweight Upgraded	21 Oct 2024