Sportradar Completes Secondary Offering of Class A Shares

Sportradar Group AG ( (SRAD) ) just unveiled an update.

On May 5, 2025, Sportradar Group AG completed the sale of 3,450,000 Class A ordinary shares as part of a secondary public offering. The shares were sold by CPP Investment Board Europe Inc. and TCV IX Sports Corp., with the underwriters fully exercising their option to purchase additional shares. Sportradar did not receive any proceeds from this transaction, which was conducted under a previously filed registration statement with the SEC. This move is part of the company’s broader strategy to manage shareholder interests and market positioning.

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 is a Swiss company operating in the sports data and technology industry. It provides data-driven insights and services to sports federations, media companies, and betting operators, focusing on enhancing fan engagement and integrity in sports.

YTD Price Performance: 35.89%

Average Trading Volume: 1,652,856

Technical Sentiment Signal: Sell

Current Market Cap: $7.37B

For a thorough assessment of SRAD stock, go to TipRanks’ Stock Analysis page.