William Kurtz Acquires 8,000 Shares of Sportradar Group (NASDAQ:SRAD) Stock

Sportradar Group AG (NASDAQ:SRAD) Director William Kurtz bought 8,000 shares of the company’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 transaction, the director owned 30,179 shares in the company, valued at approximately $391,421.63. The trade was a 36.07% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Sportradar Group Stock Performance

Shares of SRAD opened at $13.43 on Wednesday. The company’s fifty day moving average is $17.04 and its 200-day moving average is $20.06. Sportradar Group AG has a 12 month low of $11.66 and a 12 month high of $32.22. The firm has a market cap of $4.02 billion, a price-to-earnings ratio of 55.96 and a beta of 1.65. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.06.

Sportradar Group (NASDAQ:SRAD) last announced its quarterly 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 business had revenue of $401.11 million for the quarter, compared to analyst estimates of $417.86 million. Sportradar Group had a return on equity of 7.28% and a net margin of 5.20%.The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.07 EPS. Equities analysts expect that Sportradar Group AG will post 0.44 EPS for the current fiscal year.

Institutional Trading of Sportradar Group

Several institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp grew its holdings in shares of Sportradar Group by 39.7% during the 1st quarter. Bank of New York Mellon Corp now owns 21,941 shares of the company’s stock worth $367,000 after purchasing an additional 6,230 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of 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 purchasing an additional 471,309 shares in the last quarter. Stephens Investment Management Group LLC grew its holdings in shares of Sportradar Group by 40.7% during the 1st quarter. Stephens Investment Management Group LLC now owns 3,116,297 shares of the company’s stock worth $52,167,000 after purchasing an additional 901,619 shares in the last quarter. Counterpoint Mutual Funds LLC grew its holdings in shares of Sportradar Group by 29.0% during the 1st quarter. Counterpoint Mutual Funds LLC now owns 16,814 shares of the company’s stock worth $281,000 after purchasing an additional 3,781 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Sportradar Group during the 1st quarter worth approximately $685,000.

Analyst Ratings Changes

SRAD has been the topic of a number of research analyst reports. Wells Fargo & Company lowered their target price on shares of Sportradar Group from $24.00 to $17.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Citigroup lowered their target price on Sportradar Group from $28.00 to $23.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Benchmark lowered their target price on Sportradar Group from $23.00 to $16.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Stifel Nicolaus lowered their target price on Sportradar Group from $25.00 to $21.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Finally, Guggenheim lowered their target price on Sportradar Group from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.94.

Trending Headlines about Sportradar Group

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

• Positive Sentiment: CEO Carsten Koerl made material purchases (111,100 shares on Apr 30 and 143,000 shares on May 1), increasing his stake — a strong management vote of confidence that likely supports the stock. Read More.
• Positive Sentiment: Multiple independent directors (Marc Walder, Jeffery Yabuki, George Fleet, William Kurtz, Rajani Ramanathan, Deirdre Bigley) bought shares at ~\$12.50–\$13.00, many increasing positions meaningfully — another bullish insider signal. Read More.
• Positive Sentiment: Coverage noting a wave of insider buying (TipRanks/MarketBeat) reinforces market perception of management and board confidence, likely attracting buyers near recent lows. Read More.
• Neutral Sentiment: Analyst views remain mixed: consensus is a “Moderate Buy” with an average target near \$25, but recent target revisions are divergent — this creates mixed forward guidance for investors.
• Negative Sentiment: Multiple law firms (Rosen, Kahn Swick & Foti, Kirby McInerney, Bleichmar Fonti & Auld) have opened investigations alleging potential misleading disclosures or illegal activity — these notices raise the risk of class actions, regulatory scrutiny, and reputational damage. Read More.
• Negative Sentiment: Recent quarter missed EPS and revenue estimates (reported ($0.02) vs. est. $0.06; revenue \$401.1M vs. est. \$417.9M), which, combined with legal risk, explains prior sharp intraday declines and caps near‑term upside. Read More.

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.