Genius Sports Limited $GENI Shares Sold by P.A.W. Capital Corp

P.A.W. Capital Corp decreased its holdings in Genius Sports Limited (NYSE:GENI) by 26.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 250,000 shares of the company’s stock after selling 90,000 shares during the quarter. Genius Sports accounts for about 5.0% of P.A.W. Capital Corp’s portfolio, making the stock its 7th largest holding. P.A.W. Capital Corp owned approximately 0.12% of Genius Sports worth $2,600,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in GENI. Global Alpha Capital Management Ltd. acquired a new stake in shares of Genius Sports in the second quarter valued at approximately $43,552,000. The Manufacturers Life Insurance Company bought a new position in Genius Sports during the 1st quarter worth $28,280,000. Geode Capital Management LLC bought a new position in Genius Sports during the 2nd quarter worth $27,312,000. Millennium Management LLC raised its holdings in Genius Sports by 1,579.0% in the 1st quarter. Millennium Management LLC now owns 2,766,206 shares of the company’s stock valued at $27,690,000 after acquiring an additional 2,601,453 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of Genius Sports by 25.4% during the 1st quarter. Wellington Management Group LLP now owns 10,244,434 shares of the company’s stock valued at $102,547,000 after acquiring an additional 2,076,590 shares during the period. Institutional investors and hedge funds own 81.91% of the company’s stock.

Genius Sports Trading Down 4.4%

Shares of GENI opened at $9.06 on Wednesday. The stock’s 50-day moving average price is $11.70 and its two-hundred day moving average price is $11.20. Genius Sports Limited has a 12 month low of $8.15 and a 12 month high of $13.73. The company has a market capitalization of $1.95 billion, a PE ratio of -19.27 and a beta of 1.84.

Genius Sports (NYSE:GENI) last released its earnings results on Tuesday, November 4th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.18). The firm had revenue of $166.28 million during the quarter, compared to analyst estimates of $156.24 million. Genius Sports had a negative net margin of 19.71% and a negative return on equity of 14.39%. Genius Sports has set its FY 2025 guidance at EPS. Equities research analysts predict that Genius Sports Limited will post -0.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

GENI has been the topic of a number of recent analyst reports. UBS Group raised their price target on Genius Sports from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 10th. Roth Capital assumed coverage on Genius Sports in a research note on Friday, September 12th. They issued a “buy” rating and a $16.00 price target on the stock. Guggenheim set a $16.00 price objective on Genius Sports and gave the company a “buy” rating in a research note on Thursday, August 7th. The Goldman Sachs Group increased their target price on shares of Genius Sports from $12.00 to $14.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. Finally, Citigroup restated an “outperform” rating on shares of Genius Sports in a research note on Wednesday, September 3rd. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Genius Sports presently has an average rating of “Moderate Buy” and a consensus price target of $14.11.

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.