Aurora Investment Counsel Has $2.19 Million Holdings in Sportradar Group AG (NASDAQ:SRAD)

Aurora Investment Counsel increased its position in shares of Sportradar Group AG (NASDAQ:SRAD) by 0.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 180,544 shares of the company’s stock after acquiring an additional 706 shares during the quarter. Sportradar Group accounts for about 1.2% of Aurora Investment Counsel’s holdings, making the stock its 22nd largest position. Aurora Investment Counsel’s holdings in Sportradar Group were worth $2,186,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Quarry LP boosted its position in shares of Sportradar Group by 187.4% in the second quarter. Quarry LP now owns 2,690 shares of the company’s stock worth $30,000 after buying an additional 1,754 shares during the period. nVerses Capital LLC boosted its position in Sportradar Group by 120.0% during the 2nd quarter. nVerses Capital LLC now owns 4,400 shares of the company’s stock worth $49,000 after acquiring an additional 2,400 shares during the period. Lazard Asset Management LLC purchased a new position in Sportradar Group during the 1st quarter valued at about $60,000. Point72 Asset Management L.P. acquired a new position in shares of Sportradar Group in the 2nd quarter valued at about $75,000. Finally, GW Henssler & Associates Ltd. purchased a new stake in shares of Sportradar Group in the third quarter worth approximately $150,000.

Sportradar Group Price Performance

NASDAQ:SRAD opened at $17.50 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.53 and a quick ratio of 1.53. The stock has a market cap of $19.44 billion, a P/E ratio of 87.48, a PEG ratio of 2.68 and a beta of 2.05. The company has a fifty day moving average price of $13.16 and a 200 day moving average price of $11.70. Sportradar Group AG has a one year low of $9.17 and a one year high of $17.85.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Morgan Stanley upped their price objective on shares of Sportradar Group from $12.00 to $13.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 22nd. Jefferies Financial Group upgraded Sportradar Group from a “hold” rating to a “buy” rating and increased their price objective for the stock from $12.00 to $16.00 in a report on Wednesday, August 14th. Benchmark raised their price target on Sportradar Group from $14.00 to $16.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. JMP Securities raised shares of Sportradar Group from a “market perform” rating to an “outperform” rating and set a $16.00 target price for the company in a research report on Wednesday, September 4th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a $16.00 price objective on shares of Sportradar Group in a research note on Wednesday, August 14th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $15.63.

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.