AYAL Capital Advisors Ltd Invests $3.88 Million in Genius Sports Limited $GENI

AYAL Capital Advisors Ltd purchased a new position in shares of Genius Sports Limited (NYSE:GENI) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 352,009 shares of the company’s stock, valued at approximately $3,879,000. Genius Sports accounts for about 1.4% of AYAL Capital Advisors Ltd’s portfolio, making the stock its 23rd largest position. AYAL Capital Advisors Ltd owned approximately 0.16% of Genius Sports as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. UMB Bank n.a. acquired a new position in Genius Sports during the 4th quarter worth approximately $63,000. Aster Capital Management DIFC Ltd acquired a new position in Genius Sports during the 3rd quarter worth approximately $65,000. Osaic Holdings Inc. increased its position in Genius Sports by 72.6% during the 2nd quarter. Osaic Holdings Inc. now owns 10,645 shares of the company’s stock worth $111,000 after purchasing an additional 4,477 shares in the last quarter. Orion Porfolio Solutions LLC acquired a new position in Genius Sports during the 2nd quarter worth approximately $112,000. Finally, Victory Financial Group LLC acquired a new position in Genius Sports during the 4th quarter worth approximately $113,000. 81.91% of the stock is currently owned by institutional investors and hedge funds.

Genius Sports Trading Down 10.0%

Genius Sports stock opened at $6.19 on Thursday. Genius Sports Limited has a 1-year low of $3.83 and a 1-year high of $13.73. The firm has a market capitalization of $1.52 billion, a PE ratio of -10.14 and a beta of 1.90. The firm’s 50 day simple moving average is $5.13 and its 200 day simple moving average is $7.00.

Genius Sports (NYSE:GENI) last posted its earnings results on Thursday, May 7th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.12). Genius Sports had a negative return on equity of 20.34% and a negative net margin of 22.26%.The firm had revenue of $187.95 million during the quarter, compared to analysts’ expectations of $170.60 million. During the same quarter in the prior year, the company earned ($0.03) earnings per share. The business’s revenue for the quarter was up 30.5% compared to the same quarter last year. Research analysts forecast that Genius Sports Limited will post -0.12 earnings per share for the current year.

Analysts Set New Price Targets

GENI has been the subject of several analyst reports. Needham & Company LLC dropped their price target on shares of Genius Sports from $14.00 to $10.00 and set a “buy” rating for the company in a research note on Friday, May 8th. B. Riley Financial reissued a “buy” rating on shares of Genius Sports in a research report on Friday, May 8th. UBS Group reissued a “buy” rating on shares of Genius Sports in a research report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Genius Sports in a report on Monday, May 11th. They set a “buy” rating and a $10.00 price objective for the company. Finally, BTIG Research dropped their price target on shares of Genius Sports from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Thursday, May 7th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $11.68.

Genius Sports Profile

Genius Sports is a global sports technology company that specializes in collecting, analyzing and distributing real-time sports data and video streams. The firm provides official data feeds, live video streaming solutions and digital engagement tools to sports leagues, federations, broadcasters and betting operators. By integrating data directly from sporting events through its network of field officials and proprietary technology, Genius Sports ensures accuracy and integrity for partners who rely on up-to-the-second information.

The company’s product suite includes a cloud-based platform for data capture and distribution, an integrity services offering designed to identify and mitigate match-fixing risks, and a suite of commercial products that power odds creation, in-game betting markets and fan engagement experiences.