Barclays PLC Has $72,000 Position in Sportradar Group AG (NASDAQ:SRAD)

Barclays PLC lifted its holdings in Sportradar Group AG (NASDAQ:SRAD) by 3,098.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,918 shares of the company’s stock after acquiring an additional 5,733 shares during the quarter. Barclays PLC’s holdings in Sportradar Group were worth $72,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Portolan Capital Management LLC acquired a new stake in Sportradar Group during the 3rd quarter worth about $12,061,000. Millennium Management LLC lifted its position in shares of Sportradar Group by 133.7% in the second quarter. Millennium Management LLC now owns 1,636,129 shares of the company’s stock worth $18,292,000 after purchasing an additional 935,909 shares in the last quarter. Divisadero Street Capital Management LP acquired a new stake in shares of Sportradar Group during the second quarter worth approximately $8,392,000. Janus Henderson Group PLC grew its position in Sportradar Group by 14.9% during the third quarter. Janus Henderson Group PLC now owns 3,582,528 shares of the company’s stock valued at $43,384,000 after purchasing an additional 463,441 shares in the last quarter. Finally, Roubaix Capital LLC acquired a new position in Sportradar Group in the 3rd quarter valued at approximately $4,131,000.

Sportradar Group Stock Up 2.3 %

Shares of SRAD opened at $18.56 on Friday. Sportradar Group AG has a 52 week low of $9.17 and a 52 week high of $18.75. The firm has a market capitalization of $20.63 billion, a P/E ratio of 92.80, a P/E/G ratio of 2.12 and a beta of 2.18. The company has a 50-day simple moving average of $16.74 and a 200-day simple moving average of $13.42. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.53.

Analyst Ratings Changes

A number of equities research analysts have issued reports on SRAD shares. Needham & Company LLC reissued a “buy” rating and set a $16.00 target price on shares of Sportradar Group in a research note on Thursday, November 7th. JMP Securities lifted their price objective on Sportradar Group from $17.00 to $19.00 and gave the company a “market outperform” rating in a research report on Monday. JPMorgan Chase & Co. raised Sportradar Group from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $12.00 to $15.00 in a research report on Monday, October 21st. Citigroup boosted their target price 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. Finally, Morgan Stanley boosted their target price on Sportradar Group from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 22nd. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Sportradar Group has an average rating of “Moderate Buy” and an average price target of $16.38.

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.