Stock Traders Buy High Volume of Sportradar Group Call Options (NASDAQ:SRAD)

Sportradar Group AG (NASDAQ:SRAD) was the target of some unusual options trading activity on Tuesday. Stock investors purchased 14,078 call options on the stock. This represents an increase of approximately 262% compared to the average daily volume of 3,888 call options.

Wall Street Analysts Forecast Growth

SRAD has been the subject of a number of recent research reports. Jefferies Financial Group cut shares of Sportradar Group from a “buy” rating to a “hold” rating and decreased their price target for the stock from $30.00 to $14.00 in a research note on Friday, April 24th. 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 note on Wednesday, April 29th. Weiss Ratings restated a “sell (d+)” rating on shares of Sportradar Group in a research note on Friday, March 27th. Citizens Jmp dropped their price objective on shares of Sportradar Group from $34.00 to $31.00 and set a “market outperform” rating on the stock in a research note on Wednesday, March 4th. Finally, Needham & Company LLC lifted their price objective on shares of Sportradar Group from $19.00 to $23.00 and gave the company a “buy” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Sportradar Group has an average rating of “Moderate Buy” and an average target price of $24.06.

Insiders Place Their Bets

In other news, CEO Carsten Koerl purchased 143,000 shares of the business’s stock in a transaction on Friday, May 1st. The shares were bought at an average price of $13.23 per share, with a total value of $1,891,890.00. Following the completion of the transaction, the chief executive officer directly owned 2,278,272 shares in the company, valued at approximately $30,141,538.56. This represents a 6.70% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Rajani Ramanathan purchased 8,003 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were purchased at an average cost of $12.49 per share, for a total transaction of $99,957.47. Following the transaction, the director owned 38,947 shares of the company’s stock, valued at $486,448.03. This trade represents a 25.86% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have acquired 357,893 shares of company stock worth $4,668,220. 85.02% of the stock is currently owned by company insiders.

Institutional Trading of Sportradar Group

Several hedge funds have recently made changes to their positions in SRAD. Caitong International Asset Management Co. Ltd lifted its stake in shares of Sportradar Group by 93.1% in 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 during the period. Empowered Funds LLC acquired a new stake in shares of Sportradar Group in the 4th quarter worth $31,000. Itau Unibanco Holding S.A. acquired a new stake in shares of Sportradar Group in the 4th quarter worth $45,000. Tower Research Capital LLC TRC lifted its stake in shares of Sportradar Group by 10,125.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,636 shares of the company’s stock worth $46,000 after acquiring an additional 1,620 shares during the period. Finally, CWM LLC lifted its stake in shares of Sportradar Group by 316.0% in the 4th quarter. CWM LLC now owns 2,475 shares of the company’s stock worth $59,000 after acquiring an additional 1,880 shares during the period.

Sportradar Group Stock Performance

NASDAQ SRAD traded up $1.08 during trading on Tuesday, reaching $16.34. The company’s stock had a trading volume of 3,071,870 shares, compared to its average volume of 3,249,840. Sportradar Group has a twelve month low of $11.66 and a twelve month high of $32.22. The firm has a market cap of $4.89 billion, a price-to-earnings ratio of 67.65 and a beta of 1.63. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.06 and a current ratio of 1.06. The business’s fifty day moving average price is $14.49 and its 200-day moving average price is $18.10.

Sportradar Group (NASDAQ:SRAD) last released its earnings results on Wednesday, April 29th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.06 by ($0.08). Sportradar Group had a return on equity of 7.28% and a net margin of 5.20%.The firm had revenue of $401.11 million during the quarter, compared to analyst estimates of $417.86 million. During the same quarter last year, the business posted $0.07 EPS. The firm’s revenue was up 11.3% on a year-over-year basis. As a group, analysts anticipate that Sportradar Group will post 0.4 EPS for the current fiscal year.

Key Sportradar Group News

Here are the key news stories impacting Sportradar Group this week:

• Positive Sentiment: Sportradar announced a first-of-its-kind global partnership with Kalshi, giving it a larger role in prediction markets and potentially opening a new growth avenue for data and sports-betting infrastructure services. Article: Sportradar and Kalshi Announce First-of-Its-Kind Data and Infrastructure Global Partnership for Prediction Markets
• Positive Sentiment: Needham raised its price target on Sportradar to $23 from $19 and reiterated a buy rating, reinforcing bullish sentiment around the stock’s upside potential. Article: Sportradar Group had its price target raised by Needham & Company LLC
• Neutral Sentiment: Multiple law firms continue to publicize a securities class action against Sportradar tied to allegations about its business model and possible ties to black-market gambling operators, with a lead-plaintiff deadline of July 17, 2026. Article: Sportradar Group AG (SRAD) Securities Class Action Filed Amid Activist Short Seller Accusations
• Negative Sentiment: The lawsuit and related short-seller allegations may keep pressure on sentiment because they accuse Sportradar of misleading investors about the legality of its revenue sources, following the prior sharp share-price decline. Article: Stock Drop Alert: Sportradar (SRAD) 22% Stock Drop on Gambling Allegations

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.