NewEdge Advisors LLC Increases Stake in Sportradar Group AG $SRAD

Posted by George Bondi on Aug 16th, 2026

NewEdge Advisors LLC raised its position in shares of Sportradar Group AG (NASDAQ:SRAD – Free Report) by 168.5% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 115,166 shares of the company’s stock after purchasing an additional 72,276 shares during the quarter. NewEdge Advisors LLC’s holdings in Sportradar Group were worth $1,928,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of SRAD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Sportradar Group during the first quarter valued at approximately $573,000. Goldman Sachs Group Inc. raised its holdings in Sportradar Group by 175.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 610,384 shares of the company’s stock worth $13,197,000 after acquiring an additional 388,769 shares during the last quarter. Geode Capital Management LLC raised its holdings in Sportradar Group by 5.3% in the 2nd quarter. Geode Capital Management LLC now owns 182,112 shares of the company’s stock worth $5,114,000 after acquiring an additional 9,162 shares during the last quarter. Cetera Investment Advisers purchased a new position in Sportradar Group in the 2nd quarter worth approximately $316,000. Finally, Legal & General Group Plc bought a new position in Sportradar Group in the 2nd quarter valued at approximately $260,000.

Sportradar Group Stock Up 1.8%

Shares of Sportradar Group stock opened at $13.82 on Friday. Sportradar Group AG has a twelve month low of $11.55 and a twelve month high of $32.22. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.06. The company’s 50 day moving average is $14.75 and its 200 day moving average is $15.69. The company has a market cap of $4.14 billion, a price-to-earnings ratio of 230.37 and a beta of 1.61.

Sportradar Group (NASDAQ:SRAD – Get Free Report) last posted its earnings results on Tuesday, June 30th. The company reported ($0.01) EPS for the quarter. The company had revenue of $431.19 million during the quarter. Sportradar Group had a return on equity of 1.89% and a net margin of 1.23%. Research analysts anticipate that Sportradar Group AG will post 0.25 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Jefferies Financial Group downgraded Sportradar Group from a “buy” rating to a “hold” rating and cut their target price for the company from $30.00 to $14.00 in a research note on Friday, April 24th. Needham & Company LLC decreased their price target on Sportradar Group from $23.00 to $17.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. Freedom Capital raised Sportradar Group to a “strong-buy” rating in a report on Monday, July 20th. Guggenheim dropped their price objective on Sportradar Group from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Finally, BTIG Research downgraded Sportradar Group from a “buy” rating to a “neutral” rating in a report on Tuesday, August 4th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $20.31.

Get Our Latest Research Report on Sportradar Group

Sportradar Group Profile

(Free Report)

Sportradar Group is a global leader in digital sports data and content, delivering real-time statistics, analytics and sports betting solutions to clients across the gaming, media and sports federation sectors. The company aggregates and processes live data from more than 800,000 sporting events each year, providing feeds for pre-match and in-play odds, visualization tools and managed trading services. Its products also include integrity services, which monitor betting markets for irregularities and help sports organizations safeguard competition outcomes.

Founded in 2001 and headquartered in St.