The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Sportradar Group AG shares valued at $644,125 were purchased by Koerl Carsten on Aug 09 ’24. At $11.18 per share, Koerl Carsten acquired 57,614 shares.
Also, Koerl Carsten purchased 43,150 shares, netting a total of over 479,396 in proceeds.
Before that, Koerl Carsten had added 54,828 shares to its account. In a trade valued at $610,784, the Officer bought Sportradar Group AG shares for $11.14 each.
As published in a research note from BofA Securities on April 22, 2025, Sportradar Group AG [SRAD] has been rated up from an Underperform to a Buy and the price target has been revised to $28. Analysts at BTIG Research started covering the stock with ‘”a Buy”‘ outlook in a report released in mid April. As of March 20, 2025, Needham has reiterated its “Buy” rating for SRAD. Earlier on February 26, 2025, Guggenheim initiated its rating. Their recommendation was “a Buy” for SRAD stock.
Analyzing SRAD Stock Performance
During the last five days, there has been a drop of approximately -0.02%. Over the course of the year, Sportradar Group AG shares have jumped approximately 33.28%. Shares of the company reached a 52-week high of $25.85 on 04/22/25 and a 52-week low of $17.10 on 01/03/25. A 50-day SMA is recorded $21.84, while a 200-day SMA reached $16.61.
Support And Resistance Levels for Sportradar Group AG (SRAD)
According to the 24-hour chart, there is a support level at 22.52, which, if violated, would cause prices to drop to 21.93. In the upper region, resistance lies at 23.43. The next price resistance is at 23.75. RSI (Relative Strength Index) is 53.97 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.24, which suggests the price will decrease in the coming days. Percent R is at 57.68%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
