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Sportradar Stock Down 26%, but One Fund Just Disclosed a New $12.6 Million Stake
Yahoo Finance· 2026-02-17 15:37
Company Overview - Sportradar Group AG leverages proprietary technology and deep industry partnerships to deliver real-time data and analytics, supporting the operational needs of sports betting and media enterprises [6] - The company generates revenue by supplying data, analytics, and content to sports leagues, betting operators, and media companies, addressing the entire sports betting value chain from data collection to risk management [9] - Key financial metrics as of February 13, 2026, include a market capitalization of $4.95 billion, revenue of $1.23 billion, and net income of $94.83 million [4] Recent Developments - Ashford Capital Management initiated a new position in Sportradar Group AG by acquiring 530,280 shares valued at $12.60 million, representing 1.4% of its 13F assets under management as of December 31, 2025 [2][8] - Sportradar's stock price was $16.47 as of February 13, 2026, reflecting a 25.7% decline over the past year and underperforming the S&P 500 by 37.5 percentage points [8] - The company reported a 14% year-over-year revenue increase to 292 million euros in its third quarter, with adjusted EBITDA rising 29% to 85 million euros and margins reaching a record 29% [11] Strategic Insights - The acquisition of Sportradar shares by Ashford Capital Management indicates selective risk-taking within a portfolio primarily focused on satellite communications and specialty biotech [10] - The company has raised its full-year revenue guidance to at least 1.29 billion euros and expanded its share repurchase authorization to $300 million, indicating confidence in its operational strength [11] - The recent stock price decline may present an opportunity for investors to capitalize on the company's underlying operational strengths that may not be fully recognized by the market [12]