172,316 Shares in Genius Sports Limited (NYSE:GENI) Acquired by Calamos Advisors LLC

Calamos Advisors LLC bought a new position in Genius Sports Limited (NYSE:GENI - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 172,316 shares of the company's stock, valued at approximately $1,491,000. Calamos Advisors LLC owned 0.08% of Genius Sports at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Perigon Wealth Management LLC purchased a new stake in Genius Sports during the 4th quarter valued at about $136,000. Exchange Traded Concepts LLC lifted its stake in shares of Genius Sports by 34.2% in the 4th quarter. Exchange Traded Concepts LLC now owns 394,175 shares of the company's stock worth $3,410,000 after purchasing an additional 100,350 shares during the period. AMI Asset Management Corp bought a new stake in Genius Sports during the 4th quarter worth approximately $560,000. Moody National Bank Trust Division raised its stake in Genius Sports by 1.5% during the 4th quarter. Moody National Bank Trust Division now owns 520,214 shares of the company's stock worth $4,500,000 after acquiring an additional 7,674 shares during the period. Finally, Harbor Capital Advisors Inc. raised its stake in Genius Sports by 56.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 491,314 shares of the company's stock worth $4,250,000 after acquiring an additional 176,845 shares during the period. 81.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

GENI has been the topic of several research reports. Macquarie boosted their price target on shares of Genius Sports from $10.00 to $12.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 13th. B. Riley boosted their price target 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 13th. Needham & Company LLC restated a "buy" rating and issued a $12.00 price target on shares of Genius Sports in a research report on Friday, January 17th. Citigroup boosted their price target 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. Finally, Citizens Jmp cut shares of Genius Sports from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 6th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, Genius Sports presently has a consensus rating of "Moderate Buy" and a consensus price target of $11.28.

Genius Sports Trading Down 1.1 %

Shares of NYSE GENI traded down $0.11 during mid-day trading on Friday, reaching $9.09. The company had a trading volume of 2,471,933 shares, compared to its average volume of 2,485,304. The business's 50-day moving average is $9.01 and its 200-day moving average is $8.12. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of -28.39 and a beta of 2.15. Genius Sports Limited has a 52 week low of $4.91 and a 52 week high of $10.33.

Genius Sports (NYSE:GENI - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.06. Genius Sports had a negative net margin of 15.84% and a negative return on equity of 14.11%. The company had revenue of $120.20 million during the quarter, compared to analyst estimates of $118.94 million. During the same period in the prior year, the firm earned ($0.06) earnings per share. The firm's revenue for the quarter was up 18.2% compared to the same quarter last year. As a group, equities research analysts forecast that Genius Sports Limited will post -0.1 earnings per share for the current year.

About Genius Sports

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.