Carsten Koerl Purchases 111,100 Shares of Sportradar Group (NASDAQ:SRAD) Stock

Sportradar Group AG (NASDAQ:SRAD) CEO Carsten Koerl bought 111,100 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were purchased at an average cost of $13.06 per share, for a total transaction of $1,450,966.00. Following the purchase, the chief executive officer owned 2,135,272 shares in the company, valued at $27,886,652.32. This represents a 5.49% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Friday, May 1st, Carsten Koerl bought 143,000 shares of Sportradar Group stock. The shares were purchased at an average cost of $13.23 per share, for a total transaction of $1,891,890.00.

Sportradar Group Price Performance

SRAD opened at $13.43 on Wednesday. The stock’s 50-day moving average price is $17.04 and its 200 day moving average price is $20.06. Sportradar Group AG has a 12-month low of $11.66 and a 12-month high of $32.22. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.06. The firm has a market cap of $4.02 billion, a price-to-earnings ratio of 55.96 and a beta of 1.65.

Sportradar Group (NASDAQ:SRAD) last posted its earnings results on Wednesday, April 29th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.08). Sportradar Group had a return on equity of 7.28% and a net margin of 5.20%.The firm had revenue of $401.11 million for the quarter, compared to analyst estimates of $417.86 million. During the same period in the previous year, the company posted $0.07 EPS. Sportradar Group’s revenue was up 11.3% on a year-over-year basis. As a group, sell-side analysts expect that Sportradar Group AG will post 0.44 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Cresset Asset Management LLC increased its holdings in shares of Sportradar Group by 2.1% in the 2nd quarter. Cresset Asset Management LLC now owns 18,746 shares of the company’s stock valued at $526,000 after acquiring an additional 394 shares during the last quarter. Mindset Wealth Management LLC increased its holdings in shares of Sportradar Group by 5.5% in the 3rd quarter. Mindset Wealth Management LLC now owns 8,992 shares of the company’s stock valued at $242,000 after acquiring an additional 466 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in shares of Sportradar Group by 5.3% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 9,658 shares of the company’s stock valued at $260,000 after acquiring an additional 489 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of Sportradar Group by 93.1% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,286 shares of the company’s stock valued at $31,000 after acquiring an additional 620 shares during the last quarter. Finally, Northwest & Ethical Investments L.P. increased its holdings in shares of Sportradar Group by 7.7% in the 4th quarter. Northwest & Ethical Investments L.P. now owns 14,745 shares of the company’s stock valued at $356,000 after acquiring an additional 1,055 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on SRAD shares. Jefferies Financial Group lowered Sportradar Group from a “buy” rating to a “hold” rating and reduced their price target for the company from $30.00 to $14.00 in a research report on Friday, April 24th. Stifel Nicolaus reduced their price target on Sportradar Group from $25.00 to $21.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Citizens Jmp reduced their price target on Sportradar Group from $34.00 to $31.00 and set a “market outperform” rating on the stock in a research report on Wednesday, March 4th. Needham & Company LLC reduced their price target on Sportradar Group from $27.00 to $19.00 and set a “buy” rating on the stock in a research report on Tuesday, April 28th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Sportradar Group in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $24.94.

Sportradar Group News Summary

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.

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.