Aurora Investment Counsel Has $2.03 Million Position in Sportradar Group AG (NASDAQ:SRAD)

Aurora Investment Counsel trimmed its holdings in Sportradar Group AG (NASDAQ:SRAD - Free Report) by 35.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 116,775 shares of the company's stock after selling 63,769 shares during the quarter. Aurora Investment Counsel's holdings in Sportradar Group were worth $2,025,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. SBI Securities Co. Ltd. acquired a new stake in Sportradar Group during the 4th quarter worth $28,000. US Bancorp DE acquired a new stake in Sportradar Group during the 4th quarter worth $39,000. R Squared Ltd acquired a new stake in Sportradar Group during the 4th quarter worth $44,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Sportradar Group by 85.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,762 shares of the company's stock worth $48,000 after acquiring an additional 1,272 shares during the period. Finally, Point72 Hong Kong Ltd acquired a new stake in Sportradar Group during the 3rd quarter worth $41,000.

Analyst Upgrades and Downgrades

A number of research firms have commented on SRAD. Canaccord Genuity Group lifted their target price on shares of Sportradar Group from $20.00 to $28.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. Guggenheim started coverage on shares of Sportradar Group in a research report on Wednesday, February 26th. They set a "buy" rating and a $27.00 price target on the stock. Citigroup lifted their price target on shares of Sportradar Group from $18.00 to $20.00 and gave the stock a "buy" rating in a research report on Thursday, November 21st. JMP Securities reissued a "market outperform" rating and set a $19.00 price target on shares of Sportradar Group in a research report on Monday, January 27th. Finally, Jefferies Financial Group lifted their price target on shares of Sportradar Group from $17.00 to $23.00 and gave the stock a "buy" rating in a research report on Wednesday, January 15th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $19.67.

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Sportradar Group Stock Down 1.4 %

SRAD traded down $0.28 during trading on Tuesday, hitting $20.08. The company had a trading volume of 862,044 shares, compared to its average volume of 590,685. 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 one year low of $9.17 and a one year high of $22.94. The firm's 50-day moving average price is $20.75 and its 200 day moving average price is $16.70. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.04.

Sportradar Group Company Profile

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.