352,009 Shares in Genius Sports Limited $GENI Purchased by AYAL Capital Advisors Ltd

AYAL Capital Advisors Ltd acquired a new position in shares of Genius Sports Limited (NYSE:GENI) during the 4th quarter, Holdings Channel.com reports. The fund acquired 352,009 shares of the company’s stock, valued at approximately $3,879,000. Genius Sports comprises approximately 1.4% of AYAL Capital Advisors Ltd’s holdings, making the stock its 23rd largest holding.

Other institutional investors also recently bought and sold shares of the company. UMB Bank n.a. bought a new stake in Genius Sports during the 4th quarter valued at about $63,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Genius Sports during the 3rd quarter valued at about $65,000. Osaic Holdings Inc. boosted its holdings in shares of Genius Sports by 72.6% during the 2nd quarter. Osaic Holdings Inc. now owns 10,645 shares of the company’s stock valued at $111,000 after acquiring an additional 4,477 shares during the last quarter. Orion Porfolio Solutions LLC purchased a new stake in shares of Genius Sports during the 2nd quarter valued at about $112,000. Finally, Victory Financial Group LLC purchased a new stake in shares of Genius Sports during the 4th quarter valued at about $113,000. 81.91% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Benchmark restated a “buy” rating on shares of Genius Sports in a research report on Thursday, March 5th. Citigroup lowered their price target on shares of Genius Sports from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Weiss Ratings downgraded shares of Genius Sports from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, June 11th. Wall Street Zen downgraded shares of Genius Sports from a “sell” rating to a “strong sell” rating in a report on Sunday, May 10th. Finally, Roth Mkm set a $10.00 target price on shares of Genius Sports in a research report on Friday, May 8th. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $11.68.

Genius Sports Trading Down 10.0%

Shares of GENI opened at $6.19 on Thursday. The company has a market cap of $1.52 billion, a P/E ratio of -10.14 and a beta of 1.90. Genius Sports Limited has a twelve month low of $3.83 and a twelve month high of $13.73. The company’s fifty day simple moving average is $5.13 and its 200-day simple moving average is $7.00.

Genius Sports (NYSE:GENI) last posted its quarterly earnings results on Thursday, May 7th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.12). The company had revenue of $187.95 million during the quarter, compared to analysts’ expectations of $170.60 million. Genius Sports had a negative return on equity of 20.34% and a negative net margin of 22.26%.The company’s quarterly revenue was up 30.5% on a year-over-year basis. During the same period in the prior year, the business earned ($0.03) EPS. Analysts predict that Genius Sports Limited will post -0.12 earnings per share for the current fiscal year.

Genius Sports Company Profile

Genius Sports is a global sports technology company that specializes in collecting, analyzing and distributing real-time sports data and video streams. The firm provides official data feeds, live video streaming solutions and digital engagement tools to sports leagues, federations, broadcasters and betting operators. By integrating data directly from sporting events through its network of field officials and proprietary technology, Genius Sports ensures accuracy and integrity for partners who rely on up-to-the-second information.

The company’s product suite includes a cloud-based platform for data capture and distribution, an integrity services offering designed to identify and mitigate match-fixing risks, and a suite of commercial products that power odds creation, in-game betting markets and fan engagement experiences.