Genius Sports (NYSE:GENI) Shares Down 6.7% After Insider Selling

Shares of Genius Sports Limited (NYSE:GENI) were down 6.7% during mid-day trading on Friday following insider selling activity. The stock traded as low as $6.11 and last traded at $6.0490. Approximately 593,083 shares changed hands during trading, a decline of 90% from the average session volume of 6,181,315 shares. The stock had previously closed at $6.48.

Specifically, CEO Mark Locke sold 50,000 shares of Genius Sports stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $6.54, for a total transaction of $327,000.00. Following the completion of the sale, the chief executive officer owned 19,375,216 shares in the company, valued at $126,713,912.64. The trade was a 0.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Mark Locke sold 272,551 shares of the stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $6.56, for a total transaction of $1,787,934.56. Following the completion of the transaction, the chief executive officer owned 19,425,216 shares in the company, valued at $127,429,416.96. This represents a 1.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In other Genius Sports news, CEO Mark Locke sold 477,449 shares of Genius Sports stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $6.58, for a total transaction of $3,141,614.42. Following the completion of the sale, the chief executive officer owned 19,697,767 shares of the company’s stock, valued at approximately $129,611,306.86. The trade was a 2.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on GENI shares. Wells Fargo & Company restated an “equal weight” rating and issued a $8.00 price target on shares of Genius Sports in a research report on Friday, August 7th. Oppenheimer raised their target price on Genius Sports from $10.00 to $12.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Weiss Ratings upgraded Genius Sports from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, August 3rd. Guggenheim increased their price target on shares of Genius Sports from $11.00 to $12.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, Freedom Capital upgraded shares of Genius Sports to a “strong-buy” rating in a research report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Genius Sports presently has an average rating of “Moderate Buy” and a consensus target price of $11.44.

Key Stories Impacting Genius Sports

Here are the key news stories impacting Genius Sports this week:

• Positive Sentiment: Genius Sports launched Prediction.com, a platform that compares prediction-market probabilities, event contracts and related insights. The service could expand the company’s sports-wagering ecosystem and create additional monetization opportunities. Genius Sports Launches Prediction.com
• Positive Sentiment: CEO Mark Locke said Genius Sports is positioned to benefit regardless of how Americans wager, highlighting the company’s strategy of serving the broader prediction-market and betting ecosystem. Genius Sports CEO on prediction markets
• Neutral Sentiment: A new basketball content series featuring Chris Paul could support audience engagement and brand visibility, although no direct financial contribution was disclosed. Chris Paul basketball insights series
• Neutral Sentiment: Options activity has drawn investor attention, but available commentary does not establish a clear bullish or bearish signal. Options activity at Genius Sports
• Negative Sentiment: CEO Mark Locke sold a combined 800,000 shares from September 15–17 for approximately $5.26 million. The transactions reduced his holdings by roughly 4%, which may signal caution and create near-term selling pressure, although he retains about 19.38 million shares. Genius Sports SEC insider filing
• Negative Sentiment: Prediction markets face continuing legal and regulatory uncertainty, potentially affecting the rollout and commercial opportunity for Prediction.com. Prediction-market legal challenges

Genius Sports Price Performance

The company has a 50-day moving average of $7.25 and a 200-day moving average of $5.97. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of -8.86 and a beta of 1.88.

Genius Sports (NYSE:GENI) last announced its quarterly earnings results on Friday, August 7th. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.21). The company had revenue of $195.50 million during the quarter, compared to the consensus estimate of $184.43 million. Genius Sports had a negative net margin of 22.99% and a negative return on equity of 23.83%. The business’s quarterly revenue was up 64.7% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.21) EPS. As a group, research analysts anticipate that Genius Sports Limited will post -0.35 EPS for the current fiscal year.

Institutional Investors Weigh In On Genius Sports

Several institutional investors have recently added to or reduced their stakes in the stock. Voss Capital LP increased its holdings in Genius Sports by 35.4% during the 4th quarter. Voss Capital LP now owns 11,100,000 shares of the company’s stock worth $122,322,000 after purchasing an additional 2,900,000 shares in the last quarter. Westfield Capital Management Co. LP lifted its stake in Genius Sports by 1.7% in the 4th quarter. Westfield Capital Management Co. LP now owns 5,951,203 shares of the company’s stock valued at $65,582,000 after acquiring an additional 101,120 shares in the last quarter. Senvest Management LLC lifted its stake in Genius Sports by 45.1% in the 1st quarter. Senvest Management LLC now owns 13,653,724 shares of the company’s stock valued at $60,486,000 after acquiring an additional 4,243,157 shares in the last quarter. Stephens Investment Management Group LLC boosted its position in Genius Sports by 35.1% during the 1st quarter. Stephens Investment Management Group LLC now owns 7,598,359 shares of the company’s stock worth $33,661,000 after acquiring an additional 1,974,043 shares during the last quarter. Finally, Needham Investment Management LLC grew its stake in shares of Genius Sports by 8.5% during the 4th quarter. Needham Investment Management LLC now owns 2,690,000 shares of the company’s stock worth $29,644,000 after acquiring an additional 210,000 shares in the last quarter. 81.91% of the stock is owned by institutional investors.

About Genius Sports

Genius Sports Limited (NYSE:GENI) is a sports technology and data company that provides official sports data, technology, and digital services to sports leagues, federations, teams, broadcasters, sportsbooks, and brands. Its platforms help clients collect, manage, distribute, and commercialize live sports information across digital channels.

The company’s offerings include live scores and statistics, data feeds for sports betting, fan-engagement tools, video streaming and content services, and advertising and sponsorship technology.