Sit Investment Associates Inc. Grows Stock Position in Sportradar Group AG $SRAD

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

A number of other institutional investors have also recently added to or reduced their stakes in SRAD. Caitong International Asset Management Co. Ltd grew its holdings 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 worth $31,000 after purchasing an additional 620 shares during the period. Empowered Funds LLC purchased a new stake in Sportradar Group during the 4th quarter worth $31,000. Tower Research Capital LLC TRC lifted its stake in shares of Sportradar Group by 10,125.0% in the second 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 in the last quarter. Itau Unibanco Holding S.A. acquired a new position in shares of Sportradar Group in the 4th quarter valued at approximately $45,000. Finally, CWM LLC boosted its stake in 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 acquiring an additional 1,880 shares during the last quarter.

Insider Activity at Sportradar Group

In other Sportradar Group news, Director Rajani Ramanathan purchased 8,003 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were acquired at an average price of $12.49 per share, for a total transaction of $99,957.47. Following the acquisition, 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. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director William Kurtz bought 8,000 shares of the stock in a transaction on Thursday, April 30th. The shares were acquired at an average cost of $12.97 per share, for a total transaction of $103,760.00. Following the completion of the transaction, the director directly owned 30,179 shares of the company’s stock, valued at approximately $391,421.63. The trade was a 36.07% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 357,893 shares of company stock worth $4,668,220 over the last quarter. 85.02% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on SRAD. Jefferies Financial Group lowered Sportradar Group from a “buy” rating to a “hold” rating and decreased their target price for the stock from $30.00 to $14.00 in a research report on Friday, April 24th. Wells Fargo & Company cut their price target on Sportradar Group from $24.00 to $17.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. UBS Group reiterated a “buy” rating on shares of Sportradar Group in a research report on Tuesday, June 9th. Citigroup dropped their price objective on Sportradar Group from $28.00 to $23.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Finally, Stifel Nicolaus cut their target price on shares of Sportradar Group from $25.00 to $21.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eleven 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 MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $23.56.

Key Stories Impacting Sportradar Group

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

Sportradar Group Stock Performance

SRAD stock opened at $15.06 on Friday. The firm has a 50 day simple moving average of $14.33 and a 200 day simple moving average of $17.76. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.06 and a current ratio of 1.06. Sportradar Group AG has a 52 week low of $11.66 and a 52 week high of $32.22. The stock has a market cap of $4.51 billion, a P/E ratio of 62.75 and a beta of 1.63.

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