Sit Investment Associates Inc. Has $3.43 Million Holdings in Sportradar Group AG $SRAD

Sit Investment Associates Inc. lifted its stake in Sportradar Group AG (NASDAQ:SRAD) by 55.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 144,225 shares of the company’s stock after buying an additional 51,700 shares during the period. Sit Investment Associates Inc.’s holdings in Sportradar Group were worth $3,428,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Sportradar Group during the 1st quarter valued at about $573,000. Goldman Sachs Group Inc. raised its position in Sportradar Group by 175.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 610,384 shares of the company’s stock valued at $13,197,000 after purchasing an additional 388,769 shares during the last quarter. Geode Capital Management LLC lifted its position in Sportradar Group by 5.3% during the 2nd quarter. Geode Capital Management LLC now owns 182,112 shares of the company’s stock worth $5,114,000 after buying an additional 9,162 shares in the last quarter. Cetera Investment Advisers acquired a new position in shares of Sportradar Group during the second quarter worth approximately $316,000. Finally, Legal & General Group Plc bought a new position in Sportradar Group in the 2nd quarter valued at $260,000.

Sportradar Group News Roundup

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

• Negative Sentiment: Sportradar faces multiple securities class-action notices, with a lead-plaintiff deadline of July 17, 2026, creating ongoing legal and reputational risk for the stock. Article Title
• Negative Sentiment: The lawsuits allege Sportradar made compliance and revenue-source misrepresentations, reinforcing fears that parts of its business may be tied to higher regulatory or legal risk. Article Title
• Neutral Sentiment: Several law firms issued investor deadline reminders and solicitation notices, which mainly extend the publicity around the case rather than adding new operational news. Article Title

Analysts Set New Price Targets

SRAD has been the topic of several recent research reports. Guggenheim reduced their target price 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. Citizens Jmp cut their price objective on Sportradar Group from $34.00 to $31.00 and set a “market outperform” rating on the stock in a report on Wednesday, March 4th. Jefferies Financial Group lowered shares of Sportradar Group from a “buy” rating to a “hold” rating and reduced their target price for the stock from $30.00 to $14.00 in a research note on Friday, April 24th. BTIG Research decreased their price target on shares of Sportradar Group from $23.00 to $18.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th. Finally, Wells Fargo & Company dropped their target price on Sportradar Group from $24.00 to $17.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Sportradar Group presently has an average rating of “Moderate Buy” and an average target price of $23.56.

Insiders Place Their Bets

In other Sportradar Group news, Director William Kurtz bought 8,000 shares of the business’s stock in a transaction on Thursday, April 30th. The stock was purchased at an average cost of $12.97 per share, for a total transaction of $103,760.00. Following the completion of the purchase, the director directly owned 30,179 shares of the company’s stock, valued at approximately $391,421.63. This trade represents a 36.07% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Deirdre Mary Bigley acquired 3,940 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were acquired at an average price of $12.57 per share, with a total value of $49,525.80. Following the completion of the transaction, the director owned 13,897 shares in the company, valued at $174,685.29. The trade was a 39.57% 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 valued at $4,668,220 in the last quarter. Company insiders own 85.02% of the company’s stock.

Sportradar Group Price Performance

Shares of SRAD opened at $15.06 on Friday. The company’s 50-day moving average is $14.33 and its 200-day moving average is $17.76. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $4.51 billion, a PE ratio of 62.75 and a beta of 1.63. Sportradar Group AG has a fifty-two week low of $11.66 and a fifty-two week high of $32.22.

Sportradar Group (NASDAQ:SRAD) last posted 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). The firm had revenue of $401.11 million during the quarter, compared to analyst estimates of $417.86 million. Sportradar Group had a net margin of 5.20% and a return on equity of 7.28%. Sportradar Group’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.07 EPS. Equities analysts forecast that Sportradar Group AG will post 0.4 EPS for the current year.

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.