Calamos Advisors LLC Buys Shares of 172,316 Genius Sports Limited (NYSE:GENI)

Calamos Advisors LLC bought a new position in shares of Genius Sports Limited (NYSE:GENIFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 172,316 shares of the company’s stock, valued at approximately $1,491,000.

Several other institutional investors also recently modified their holdings of the stock. Sound Income Strategies LLC bought a new position in Genius Sports during the 3rd quarter worth approximately $78,000. Arkadios Wealth Advisors acquired a new stake in Genius Sports in the third quarter worth $79,000. Fullcircle Wealth LLC bought a new position in shares of Genius Sports during the third quarter worth $118,000. Harbor Capital Advisors Inc. acquired a new position in shares of Genius Sports in the 3rd quarter valued at $2,465,000. Finally, Olympiad Research LP bought a new stake in shares of Genius Sports in the 3rd quarter valued at $209,000. 81.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

GENI has been the topic of several recent analyst reports. The Goldman Sachs Group lifted their target price on Genius Sports from $8.50 to $11.50 and gave the stock a “buy” rating in a report on Thursday, November 14th. B. Riley boosted their price objective on Genius Sports from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. Macquarie increased their target price on Genius Sports from $10.00 to $12.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th. Citizens Jmp lowered shares of Genius Sports from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 6th. Finally, Citigroup increased their price objective on shares of Genius Sports from $10.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, Genius Sports presently has an average rating of “Moderate Buy” and a consensus target price of $11.28.

View Our Latest Research Report on Genius Sports

Genius Sports Trading Up 7.8 %

Shares of GENI stock opened at $9.49 on Wednesday. The firm’s fifty day moving average price is $9.05 and its two-hundred day moving average price is $8.08. Genius Sports Limited has a 1 year low of $4.91 and a 1 year high of $10.33. The firm has a market capitalization of $2.04 billion, a P/E ratio of -29.64 and a beta of 2.15.

Genius Sports (NYSE:GENIGet Free Report) last released its earnings results on Tuesday, November 12th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.06. Genius Sports had a negative return on equity of 14.11% and a negative net margin of 15.84%. The business had revenue of $120.20 million for the quarter, compared to the consensus estimate of $118.94 million. During the same quarter in the previous year, the business earned ($0.06) earnings per share. Genius Sports’s quarterly revenue was up 18.2% on a year-over-year basis. As a group, equities research analysts forecast that Genius Sports Limited will post -0.1 EPS for the current fiscal year.

Genius Sports Company Profile

(Free Report)

Genius Sports Limited engages in the development and sale of technology-led products and services to the sports, sports betting, and sports media industries. It offers technology infrastructure for the collection, integration, and distribution of live data of sports leagues; streaming solutions comprising technology, automatic production, and distribution for sports to commercialize video footage of their games; and end-to-end integrity services to sports leagues, such as full-time active monitoring technology, which uses mathematical algorithms to identify and flag suspicious betting activity in global betting markets, as well as a full suite of online and offline educational and consultancy services.

See Also

Want to see what other hedge funds are holding GENI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Genius Sports Limited (NYSE:GENIFree Report).

Institutional Ownership by Quarter for Genius Sports (NYSE:GENI)

Receive News & Ratings for Genius Sports Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genius Sports and related companies with MarketBeat.com's FREE daily email newsletter.