Sportradar Completes Secondary Offering and Share Repurchase

Sportradar Group AG ( (SRAD) ) has provided an update.

On April 25, 2025, Sportradar Group AG completed a secondary public offering of 23 million Class A ordinary shares at $22.50 per share, conducted by CPP Investment Board Europe Inc., TCV IX Sports Corp., and Carsten Koerl. The company repurchased 3 million shares at $21.825 each, as part of its $200 million share repurchase program, without receiving proceeds from the offering. This move, supported by Goldman Sachs and J.P. Morgan, aims to strengthen Sportradar’s market position and shareholder value.

Spark’s Take on SRAD Stock

According to Spark, TipRanks’ AI Analyst, SRAD is a Outperform.

Sportradar Group AG has a solid financial foundation with strong revenue growth and efficient cash flow management. The technical analysis indicates upward momentum, though the stock is approaching an overbought condition. Valuation is a concern with a high P/E ratio, but positive earnings call guidance and strategic acquisitions bolster the stock’s prospects. Despite some setbacks such as net losses due to currency fluctuations, the company’s overall growth prospects remain promising.

To see Spark’s full report on SRAD stock, click here.

More about Sportradar Group AG

Sportradar Group AG, founded in 2001, is a leading global sports technology company that creates immersive experiences for sports fans and bettors. It operates at the intersection of the sports, media, and betting industries, providing a range of solutions to sports federations, news media, consumer platforms, and sports betting operators. The company partners with major organizations like the ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA, and Bundesliga, covering nearly a million events annually. Sportradar is also committed to safeguarding sports through its Integrity Services division.

YTD Price Performance: 26.83%

Average Trading Volume: 1,419,136

Technical Sentiment Signal: Sell

Current Market Cap: $6.62B

See more insights into SRAD stock on TipRanks’ Stock Analysis page.

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