Federated Hermes Inc. cut its holdings in shares of Sportradar Group AG (NASDAQ:SRAD – Free Report) by 5.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,152,300 shares of the company’s stock after selling 259,534 shares during the quarter. Federated Hermes Inc.’s holdings in Sportradar Group were worth $46,423,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. nVerses Capital LLC raised its position in shares of Sportradar Group by 120.0% in the second quarter. nVerses Capital LLC now owns 4,400 shares of the company’s stock valued at $49,000 after purchasing an additional 2,400 shares during the period. AM Investment Strategies LLC grew its stake in Sportradar Group by 31.1% in the 2nd quarter. AM Investment Strategies LLC now owns 465,540 shares of the company’s stock valued at $5,205,000 after buying an additional 110,520 shares in the last quarter. Aurora Investment Counsel raised its holdings in Sportradar Group by 30.9% during the 1st quarter. Aurora Investment Counsel now owns 162,516 shares of the company’s stock valued at $1,892,000 after acquiring an additional 38,397 shares during the period. Adalta Capital Management LLC lifted its position in shares of Sportradar Group by 69.3% during the first quarter. Adalta Capital Management LLC now owns 16,925 shares of the company’s stock worth $197,000 after acquiring an additional 6,925 shares in the last quarter. Finally, Bayesian Capital Management LP bought a new position in shares of Sportradar Group in the first quarter worth $158,000.
Sportradar Group Stock Up 0.8 %
Shares of NASDAQ:SRAD opened at $11.70 on Friday. The firm has a fifty day moving average of $11.31 and a 200 day moving average of $10.75. Sportradar Group AG has a 52-week low of $8.08 and a 52-week high of $12.62. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.54 and a current ratio of 1.54. The firm has a market capitalization of $13.00 billion, a PE ratio of 130.01, a price-to-earnings-growth ratio of 14.53 and a beta of 2.06.
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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.
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