D.A. Davidson & CO. Has $464,000 Stock Holdings in Genius Sports Limited (NYSE:GENI)

D.A. Davidson & CO. raised its holdings in Genius Sports Limited (NYSE:GENI) by 2.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,608 shares of the company’s stock after buying an additional 1,396 shares during the period. D.A. Davidson & CO.’s holdings in Genius Sports were worth $464,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC bought a new stake in Genius Sports in the fourth quarter valued at approximately $11,292,000. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Genius Sports by 26.1% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 23,535 shares of the company’s stock worth $204,000 after purchasing an additional 4,873 shares during the period. Robertson Stephens Wealth Management LLC increased its stake in shares of Genius Sports by 47.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 200,851 shares of the company’s stock worth $1,737,000 after purchasing an additional 64,955 shares during the period. Yorktown Management & Research Co Inc bought a new position in shares of Genius Sports during the fourth quarter worth approximately $542,000. Finally, Calamos Advisors LLC bought a new position in shares of Genius Sports during the fourth quarter worth approximately $1,491,000. Institutional investors own 81.91% of the company’s stock.

Analyst Ratings Changes

GENI has been the topic of a number of recent research reports. Oppenheimer 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. The Goldman Sachs Group increased their target price on Genius Sports from $8.50 to $11.50 and gave the stock a “buy” rating in a research note on Thursday, November 14th. B. Riley increased their price target on Genius Sports from $10.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Macquarie increased their price target on Genius Sports from $10.00 to $12.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. Finally, JMP Securities reissued a “market outperform” rating and set a $11.00 price target on shares of Genius Sports in a research report on Monday, January 27th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, Genius Sports presently has an average rating of “Moderate Buy” and a consensus target price of $11.28.

Genius Sports Stock Performance

Shares of GENI stock opened at $8.38 on Wednesday. The stock’s fifty day moving average price is $8.97 and its two-hundred day moving average price is $8.36. The company has a market cap of $1.80 billion, a PE ratio of -26.17 and a beta of 2.15. Genius Sports Limited has a fifty-two week low of $4.91 and a fifty-two week high of $10.33.

Genius Sports Company Profile

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.