Genius Sports Limited (NYSE:GENI) Shares Sold by P.A.W. Capital Corp

P.A.W. Capital Corp lowered its position in shares of Genius Sports Limited (NYSE:GENI) by 14.0% in the fourth quarter, Holdings Channel reports. The firm owned 400,000 shares of the company’s stock after selling 65,000 shares during the period. Genius Sports accounts for 6.6% of P.A.W. Capital Corp’s investment portfolio, making the stock its 6th biggest holding. P.A.W. Capital Corp’s holdings in Genius Sports were worth $3,460,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the company. Wellington Management Group LLP boosted its holdings in shares of Genius Sports by 2.9% in the third quarter. Wellington Management Group LLP now owns 8,292,521 shares of the company’s stock valued at $65,013,000 after buying an additional 230,209 shares during the period. Senvest Management LLC raised its position in shares of Genius Sports by 12.2% in the third quarter. Senvest Management LLC now owns 7,546,809 shares of the company’s stock valued at $59,167,000 after purchasing an additional 819,385 shares during the period. Massachusetts Financial Services Co. MA raised its position in shares of Genius Sports by 10.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 7,520,342 shares of the company’s stock valued at $58,959,000 after purchasing an additional 691,539 shares during the period. FMR LLC raised its position in shares of Genius Sports by 53.2% in the third quarter. FMR LLC now owns 7,219,874 shares of the company’s stock valued at $56,604,000 after purchasing an additional 2,507,165 shares during the period. Finally, Portolan Capital Management LLC raised its position in shares of Genius Sports by 9.4% in the third quarter. Portolan Capital Management LLC now owns 3,170,891 shares of the company’s stock valued at $24,860,000 after purchasing an additional 272,545 shares during the period. Institutional investors and hedge funds own 81.91% of the company’s stock.

Genius Sports Trading Down 4.9 %

GENI opened at $9.07 on Friday. The company’s 50 day moving average is $9.00 and its 200-day moving average is $8.33. Genius Sports Limited has a 1-year low of $4.91 and a 1-year high of $10.33. The company has a market cap of $1.95 billion, a P/E ratio of -28.33 and a beta of 2.15.

Analyst Upgrades and Downgrades

GENI has been the topic of several research analyst reports. Benchmark increased their price objective on shares of Genius Sports from $10.00 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. Macquarie increased their price objective on shares of Genius Sports from $10.00 to $12.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. Needham & Company LLC restated a “buy” rating and issued a $12.00 price target on shares of Genius Sports in a research note on Friday, January 17th. The Goldman Sachs Group upped their price target on shares of Genius Sports from $8.50 to $11.50 and gave the company a “buy” rating in a research note on Thursday, November 14th. Finally, Citigroup upped their price target on shares of Genius Sports from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $11.28.

Genius Sports Company Profile

Genius Sports Limited engages in the development and sale of technology-led products and services to the sports, sports betting, and sports media industries. It offers technology infrastructure for the collection, integration, and distribution of live data of sports leagues; streaming solutions comprising technology, automatic production, and distribution for sports to commercialize video footage of their games; and end-to-end integrity services to sports leagues, such as full-time active monitoring technology, which uses mathematical algorithms to identify and flag suspicious betting activity in global betting markets, as well as a full suite of online and offline educational and consultancy services.