P.A.W. Capital Corp Has $3.65 Million Stock Holdings in Genius Sports Limited (NYSE:GENI)

P.A.W. Capital Corp lessened its holdings in Genius Sports Limited (NYSE:GENI - Free Report) by 13.9% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 465,000 shares of the company's stock after selling 75,000 shares during the period. Genius Sports accounts for approximately 8.2% of P.A.W. Capital Corp's holdings, making the stock its 6th biggest position. P.A.W. Capital Corp owned about 0.20% of Genius Sports worth $3,646,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in shares of Genius Sports by 25.0% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 8,503,563 shares of the company's stock worth $48,555,000 after buying an additional 1,702,602 shares in the last quarter. Nikko Asset Management Americas Inc. lifted its stake in Genius Sports by 25.0% in the 1st quarter. Nikko Asset Management Americas Inc. now owns 8,503,563 shares of the company's stock worth $48,555,000 after purchasing an additional 1,702,602 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Genius Sports by 28.2% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,828,803 shares of the company's stock valued at $37,217,000 after purchasing an additional 1,502,958 shares during the last quarter. Divisadero Street Capital Management LP purchased a new position in shares of Genius Sports during the second quarter valued at about $11,233,000. Finally, Hood River Capital Management LLC increased its holdings in shares of Genius Sports by 6.0% in the second quarter. Hood River Capital Management LLC now owns 2,026,873 shares of the company's stock worth $11,046,000 after purchasing an additional 114,490 shares during the last quarter. 81.91% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on GENI shares. Macquarie dropped their price target on Genius Sports from $10.00 to $9.00 and set an "outperform" rating for the company in a research note on Thursday, July 18th. The Goldman Sachs Group raised their target price on shares of Genius Sports from $7.50 to $8.50 and gave the company a "buy" rating in a report on Thursday, August 8th. B. Riley upped their price target on shares of Genius Sports from $9.00 to $10.00 and gave the company a "buy" rating in a research note on Wednesday, August 7th. Benchmark reissued a "buy" rating and issued a $10.00 price objective on shares of Genius Sports in a research note on Friday, October 11th. Finally, Needham & Company LLC restated a "buy" rating and set a $9.00 target price on shares of Genius Sports in a research report on Tuesday, August 6th. Ten research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $9.45.

Genius Sports Price Performance

Shares of GENI traded up $0.05 during mid-day trading on Friday, reaching $6.90. 1,244,947 shares of the company's stock traded hands, compared to its average volume of 2,311,376. Genius Sports Limited has a 12 month low of $4.73 and a 12 month high of $8.64. The stock has a market cap of $1.58 billion, a P/E ratio of -16.05 and a beta of 1.96. The stock's 50-day moving average is $7.51 and its two-hundred day moving average is $6.38.

Genius Sports (NYSE:GENI - Get Free Report) last announced its quarterly earnings data on Tuesday, August 6th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.06). The business had revenue of $95.50 million during the quarter, compared to the consensus estimate of $94.15 million. Genius Sports had a negative net margin of 21.93% and a negative return on equity of 15.30%. The business's revenue was up 9.9% compared to the same quarter last year. During the same period last year, the company earned ($0.05) EPS. Research analysts predict that Genius Sports Limited will post -0.2 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.