Shaker Investments LLC OH Has $757,000 Stock Holdings in Sportradar Group AG (NASDAQ:SRAD)

Shaker Investments LLC OH boosted its stake in Sportradar Group AG (NASDAQ:SRAD) by 102.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 43,673 shares of the company’s stock after buying an additional 22,059 shares during the period. Shaker Investments LLC OH’s holdings in Sportradar Group were worth $757,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. nVerses Capital LLC boosted its holdings in shares of Sportradar Group by 45.5% during the third quarter. nVerses Capital LLC now owns 6,400 shares of the company’s stock worth $78,000 after acquiring an additional 2,000 shares during the period. International Assets Investment Management LLC bought a new stake in Sportradar Group in the 3rd quarter valued at $264,000. Wilson Asset Management International PTY Ltd. acquired a new position in Sportradar Group in the 3rd quarter valued at $3,246,000. GW Henssler & Associates Ltd. bought a new position in Sportradar Group during the 3rd quarter worth $150,000. Finally, Roubaix Capital LLC acquired a new stake in shares of Sportradar Group during the third quarter worth $4,131,000.

Wall Street Analysts Forecast Growth

Several research firms recently commented on SRAD. JMP Securities restated a “market outperform” rating and issued a $19.00 price target on shares of Sportradar Group in a research note on Monday, January 27th. JPMorgan Chase & Co. upgraded shares of Sportradar Group from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $12.00 to $15.00 in a research report on Monday, October 21st. Needham & Company LLC reiterated a “buy” rating and issued a $16.00 price target on shares of Sportradar Group in a research report on Thursday, November 7th. Jefferies Financial Group increased their price target on Sportradar Group from $17.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Finally, Citigroup lifted their price objective on Sportradar Group from $18.00 to $20.00 and gave the company a “buy” rating in a report on Thursday, November 21st. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Sportradar Group has a consensus rating of “Moderate Buy” and an average target price of $17.25.

Sportradar Group Price Performance

Sportradar Group stock opened at $21.39 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.53. Sportradar Group AG has a 52 week low of $9.17 and a 52 week high of $22.50. The stock has a market capitalization of $23.77 billion, a P/E ratio of 106.96, a price-to-earnings-growth ratio of 1.49 and a beta of 2.21. The stock has a fifty day moving average of $18.79 and a 200-day moving average of $14.94.

About Sportradar Group

Sportradar Group AG, together with its subsidiaries, provides sports data services for the sports betting and media industries in the United Kingdom, the United States, Malta, Switzerland, and internationally. Its sports data services to the bookmaking under the Betradar brand name, and to the international media industry under the Sportradar Media Services brand name.