Carsten Koerl Buys 143,000 Shares of Sportradar Group (NASDAQ:SRAD) Stock

Sportradar Group AG (NASDAQ:SRAD) CEO Carsten Koerl purchased 143,000 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were purchased 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 of the company’s stock, 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 SEC, which can be accessed through this link.

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, for a total transaction of $1,450,966.00.

Sportradar Group Stock Up 3.1%

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

Sportradar Group (NASDAQ:SRAD) last announced its quarterly earnings data 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 net margin of 5.20% and a return on equity of 7.28%. The company had revenue of $401.11 million during the quarter, compared to analyst estimates of $417.86 million. During the same quarter in the previous year, the business posted $0.07 earnings per share. The firm’s revenue was up 11.3% on a year-over-year basis. As a group, equities analysts predict that Sportradar Group AG will post 0.44 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on SRAD. Jefferies Financial Group cut shares of Sportradar Group from a “buy” rating to a “hold” rating and lowered their price target for the stock from $30.00 to $14.00 in a report on Friday, April 24th. The Goldman Sachs Group dropped their target price on Sportradar Group from $35.00 to $24.00 and set a “neutral” rating on the stock in a report on Wednesday, March 4th. Needham & Company LLC dropped their target price on Sportradar Group from $27.00 to $19.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. BTIG Research dropped their target price on Sportradar Group from $23.00 to $18.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Finally, Wells Fargo & Company dropped their target price on Sportradar Group from $24.00 to $17.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Sportradar Group has a consensus rating of “Moderate Buy” and a consensus target price of $24.94.

Hedge Funds Weigh In On Sportradar Group

Several large investors have recently bought and sold shares of the business. Cresset Asset Management LLC increased its holdings in Sportradar Group by 2.1% in the second quarter. Cresset Asset Management LLC now owns 18,746 shares of the company’s stock valued at $526,000 after buying an additional 394 shares during the last quarter. Mindset Wealth Management LLC grew its holdings in shares of Sportradar Group by 5.5% during the third quarter. Mindset Wealth Management LLC now owns 8,992 shares of the company’s stock worth $242,000 after purchasing an additional 466 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Sportradar Group by 5.3% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 9,658 shares of the company’s stock worth $260,000 after purchasing an additional 489 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in shares of Sportradar Group by 93.1% during the fourth 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 last quarter. Finally, Northwest & Ethical Investments L.P. grew its holdings in shares of Sportradar Group by 7.7% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 14,745 shares of the company’s stock worth $356,000 after purchasing an additional 1,055 shares during the last quarter.

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.