Core Insights - Hodges Capital Management Inc. increased its stake in Genius Sports Limited, holding 1,854,611 shares valued at $22.96 million as of September 30, 2025, marking an increase from the previous quarter [1] Company Overview - Genius Sports Limited is a leading provider of sports data technology and integrity solutions, serving a global client base with proprietary technology for real-time data, streaming, and analytics [5][6] - The company reported a market capitalization of $2.41 billion and a revenue of $604.52 million for the trailing twelve months (TTM) [3] Financial Performance - Genius Sports experienced a significant year-over-year revenue growth of 38%, with third-quarter sales reaching $166.3 million [10] - Despite the revenue growth, the company reported a net loss of $28.8 million for the third quarter, contrasting with a gain of $12.5 million in the same period the previous year [10] - The company anticipates a revenue increase of 28% for the year, projecting total revenue to reach $655 million [10] Stock Performance - As of November 6, 2025, shares of Genius Sports were priced at $10.21, reflecting a 42.0% increase from the previous year and outperforming the S&P 500 by 34.2 percentage points [8] - The stock had previously surged over 50% in late September 2025 but was down 24.5% from its peak by November 7, 2025 [7]
Hodges Bets Heavily on Genus Sports (GENI) With an 883,376 Share Purchase