Sportradar Group (NASDAQ:SRAD) CEO Purchases $1,891,890.00 in Stock

Sportradar Group AG (NASDAQ:SRAD) CEO Carsten Koerl purchased 143,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average price of $13.23 per share, for a total transaction of $1,891,890.00. Following the completion of the purchase, the chief executive officer directly owned 2,278,272 shares in the company, valued at $30,141,538.56. This represents a 6.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Carsten Koerl also recently made the following trade(s):

• On Thursday, April 30th, Carsten Koerl acquired 111,100 shares of Sportradar Group stock. The stock was bought at an average price of $13.06 per share, with a total value of $1,450,966.00.

Sportradar Group Stock Performance

Shares of SRAD stock opened at $13.36 on Thursday. Sportradar Group AG has a 1 year low of $11.66 and a 1 year high of $32.22. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of 55.67 and a beta of 1.65. The stock’s 50-day moving average is $16.97 and its two-hundred day moving average is $19.97.

Sportradar Group (NASDAQ:SRAD) last announced its earnings results 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 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%. The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period last year, the company earned $0.07 earnings per share. Analysts predict that Sportradar Group AG will post 0.41 earnings per share for the current year.

Analysts Set New Price Targets

SRAD has been the topic of a number of research reports. Truist Financial lowered their target price on shares of Sportradar Group from $26.00 to $18.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. UBS Group decreased their price target on shares of Sportradar Group from $35.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Stifel Nicolaus lowered their price objective on shares of Sportradar Group from $25.00 to $21.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. BTIG Research dropped their price objective on shares of Sportradar Group from $23.00 to $18.00 and set a “buy” rating on the stock in a research note on Tuesday, April 28th. Finally, Needham & Company LLC reduced their target price on shares of Sportradar Group from $27.00 to $19.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $24.94.

Sportradar Group News Roundup

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

• Positive Sentiment: Large insider purchases: CEO Carsten Koerl and several directors bought substantial blocks of stock in late April/early May (six‑figure buys by the CEO and multiple director purchases), which is a strong vote of confidence from management and the board. SEC Filing – Koerl Purchases
• Positive Sentiment: Additional director and insider buys were reported (multiple filings showing directors increasing stakes), supporting liquidity and potential upside if fundamentals reassert. InsiderTrades – Director Purchases
• Neutral Sentiment: Insider buying can bolster sentiment but may also reflect opportunistic purchases near depressed prices; investors should weigh buys against company fundamentals and the legal/short‑seller issues.
• Negative Sentiment: Multiple law firms have opened investigations (Rosen, Block & Leviton, Levi & Korsinsky, BFA Law, Kirby McInerney, Kahn Swick & Foti), citing allegations that Sportradar may have issued misleading statements and linking to an April 22 short‑seller report that accused the company of facilitating illegal gambling — these probes raise litigation, disclosure and reputational risk. Rosen Law Notice
• Negative Sentiment: Leaked short‑seller reports (Muddy Waters, Callisto Research) reportedly prompted a ~22% intraday drop in April; that episode plus ensuing attorney solicitations amplify downside risk and volatility for the stock. Levi & Korsinsky Notice

Institutional Investors Weigh In On Sportradar Group

Large investors have recently modified their holdings of the stock. Roubaix Capital LLC acquired a new stake in shares of Sportradar Group during the first quarter worth $5,581,000. Bank of New York Mellon Corp increased its stake in Sportradar Group by 39.7% in the 1st quarter. Bank of New York Mellon Corp now owns 21,941 shares of the company’s stock valued at $367,000 after buying an additional 6,230 shares during the period. Principal Financial Group Inc. raised its position in Sportradar Group by 34.8% during the 1st quarter. Principal Financial Group Inc. now owns 1,826,209 shares of the company’s stock worth $30,571,000 after buying an additional 471,309 shares during the last quarter. Stephens Investment Management Group LLC lifted its stake in shares of Sportradar Group by 40.7% in the 1st quarter. Stephens Investment Management Group LLC now owns 3,116,297 shares of the company’s stock worth $52,167,000 after acquiring an additional 901,619 shares during the period. Finally, Counterpoint Mutual Funds LLC lifted its stake in shares of Sportradar Group by 29.0% in the 1st quarter. Counterpoint Mutual Funds LLC now owns 16,814 shares of the company’s stock worth $281,000 after acquiring an additional 3,781 shares during the period.

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.