US Bancorp DE Buys Shares of 2,225 Sportradar Group AG (NASDAQ:SRAD)

US Bancorp DE bought a new stake in Sportradar Group AG (NASDAQ:SRAD) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 2,225 shares of the company’s stock, valued at approximately $39,000.

A number of other large investors have also recently modified their holdings of SRAD. Aurora Investment Counsel boosted its holdings in shares of Sportradar Group by 0.4% during the 3rd quarter. Aurora Investment Counsel now owns 180,544 shares of the company’s stock valued at $2,186,000 after acquiring an additional 706 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Sportradar Group during the 3rd quarter valued at $406,000. Quantbot Technologies LP acquired a new stake in shares of Sportradar Group during the 3rd quarter valued at $139,000. Millrace Asset Group Inc. acquired a new stake in shares of Sportradar Group during the 3rd quarter valued at $1,278,000. Finally, Walleye Capital LLC acquired a new stake in shares of Sportradar Group during the 3rd quarter valued at $651,000.

Sportradar Group Stock Down 1.4 %

Shares of SRAD opened at $20.08 on Wednesday. The company has a market capitalization of $22.32 billion, a PE ratio of 100.41, a PEG ratio of 1.53 and a beta of 2.19. Sportradar Group AG has a 12 month low of $9.17 and a 12 month high of $22.94. The stock’s 50-day moving average price is $20.79 and its two-hundred day moving average price is $16.76. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SRAD. Guggenheim began coverage on Sportradar Group in a report on Wednesday, February 26th. They set a “buy” rating and a $27.00 price objective on the stock. Citigroup raised 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. Jefferies Financial Group raised their price objective on Sportradar Group from $17.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. JMP Securities reaffirmed a “market outperform” rating and set a $19.00 target price on shares of Sportradar Group in a report on Monday, January 27th. Finally, Canaccord Genuity Group lifted their target price on Sportradar Group from $20.00 to $28.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $19.67.

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.