Granahan Investment Management LLC Sells 223,270 Shares of Sportradar Group AG $SRAD

Granahan Investment Management LLC reduced its position in shares of Sportradar Group AG (NASDAQ:SRAD) by 11.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,670,471 shares of the company’s stock after selling 223,270 shares during the quarter. Sportradar Group accounts for approximately 1.7% of Granahan Investment Management LLC’s holdings, making the stock its 18th biggest position. Granahan Investment Management LLC’s holdings in Sportradar Group were worth $39,707,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd grew its stake in shares of 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 valued at $31,000 after purchasing an additional 620 shares during the period. Empowered Funds LLC bought a new stake in shares of Sportradar Group during the 4th quarter valued at about $31,000. Tower Research Capital LLC TRC grew its stake in shares of Sportradar Group by 10,125.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,636 shares of the company’s stock valued at $46,000 after purchasing an additional 1,620 shares during the period. Itau Unibanco Holding S.A. bought a new stake in shares of Sportradar Group during the 4th quarter valued at about $45,000. Finally, CWM LLC grew its stake in shares of Sportradar Group by 316.0% during the 4th quarter. CWM LLC now owns 2,475 shares of the company’s stock valued at $59,000 after purchasing an additional 1,880 shares during the period.

Insider Activity at Sportradar Group

In other Sportradar Group news, Director Rajani Ramanathan purchased 8,003 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was acquired at an average cost of $12.49 per share, for a total transaction of $99,957.47. Following the purchase, the director directly owned 38,947 shares of the company’s stock, valued at $486,448.03. This trade represents a 25.86% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director George Fleet purchased 7,850 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was acquired at an average price of $12.73 per share, with a total value of $99,930.50. Following the completion of the purchase, the director directly owned 160,873 shares in the company, valued at $2,047,913.29. This trade represents a 5.13% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 357,893 shares of company stock worth $4,668,220 in the last quarter.

Sportradar Group Trading Down 0.9%

Shares of NASDAQ:SRAD opened at $15.82 on Wednesday. The stock has a 50 day moving average of $14.43 and a 200 day moving average of $17.87. The company has a market cap of $4.74 billion, a PE ratio of 65.92 and a beta of 1.63. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.06. Sportradar Group AG has a 12-month low of $11.66 and a 12-month high of $32.22.

Sportradar Group (NASDAQ:SRAD) last announced its quarterly earnings data 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 company had revenue of $401.11 million for the quarter, compared to the consensus estimate of $417.86 million. Sportradar Group had a net margin of 5.20% and a return on equity of 7.28%. The company’s revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.07 earnings per share. As a group, equities research analysts expect that Sportradar Group AG will post 0.4 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on SRAD. Stifel Nicolaus cut their price target on Sportradar Group from $25.00 to $21.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Jefferies Financial Group downgraded Sportradar Group from a “buy” rating to a “hold” rating and cut their price target for the company from $30.00 to $14.00 in a research note on Friday, April 24th. Citigroup cut their price target on Sportradar Group from $28.00 to $23.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Benchmark cut their price target on Sportradar Group from $23.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Sportradar Group in a research note on Friday, March 27th. One investment 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 given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.06.

More Sportradar Group News

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

• Positive Sentiment: Separately, Sportradar recently announced a multi-year global agreement with Kalshi, which could expand its data and solutions business beyond traditional sportsbooks and support longer-term growth. Sportradar (SRAD) Uses Kalshi Deal to Push Its Data Business Beyond Traditional Sportsbooks
• Neutral Sentiment: Multiple firms, including Rosen, Pomerantz, KSF, Levi & Korsinsky, and others, are urging investors who bought shares between November 7, 2024 and April 21, 2026 to join or lead the class action, with a lead-plaintiff deadline of July 17, 2026. SRAD Investors Have Opportunity to Lead Sportradar Group AG Securities Fraud Lawsuit
• Neutral Sentiment: The lawsuits largely echo earlier claims that Sportradar’s disclosures may have downplayed exposure to allegedly illegal gambling-related business activities, but the filings themselves are procedural updates rather than new operational developments. Sportradar Group AG (SRAD) Securities Fraud Class Action Lawsuit Filed by Kessler Topaz Meltzer & Check, LLP
• Negative Sentiment: The dominant near-term issue is litigation risk, as the lawsuit seeks damages for investors and names senior executives, which could keep sentiment weak and add uncertainty around future financial results. Sportradar Group AG (SRAD) Securities Class Action Filed Amid Activist Short Seller Accusations

Sportradar Group Company Profile

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.