Are we looking at the next big move in Genius Sports Limited (GENI)?

Genius Sports Limited (NYSE: GENI) is 23.30% higher on its value in year-to-date trading and has touched a low of $3.55 and a high of $8.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GENI stock was last observed hovering at around $7.67 in the last trading session, with the day’s loss setting it -0.05%.

Currently trading at $7.62, the stock is 14.97% and 24.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.66 million and changing -0.65% at the moment leaves the stock 29.70% off its SMA200. GENI registered 51.19% gain for a year compared to 6-month loss of 22.71%. The firm has a 50-day simple moving average (SMA 50) of $3.87 and a 200-day simple moving average (SMA200) of -$133.62.

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The stock witnessed a 36.07% gain in the last 1 month and extending the period to 3 months gives it a 47.10%, and is 5.39% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.77% over the week and 3.86% over the month.

Profit margin for the company is -44.69%. Distance from 52-week low is 114.65% and -9.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.05%).

Genius Sports Limited quarterly earnings per share for the current quarter are estimated at -$0.07 with sales reaching $126.13M over the same period.The EPS is expected to grow by 67.90% this year, but quarterly earnings will post 20.80% year-over-year. Quarterly sales are estimated to grow 19.70% in year-over-year returns.

Genius Sports Limited (GENI) Top Institutional Holders

160 institutions hold shares in Genius Sports Limited (GENI), with institutional investors hold 99.06% of the company’s shares. The shares outstanding are 201.85M, and float is at 146.49M with Short Float at 3.48%. Institutions hold 55.59% of the Float.

The top institutional shareholder in the company is Caledonia (Private) Investments Pty Ltd with over 20.53 million shares valued at $127.06 million. The investor’s holdings represent 9.97% of the GENI Shares outstanding. As of Jun 29, 2023, the second largest holder is Granahan Investment Management LLC with 10.53 million shares valued at $65.17 million to account for 5.11% of the shares outstanding. The other top investors are Bank Of New York Mellon Corporation which holds 6.63 million shares representing 3.22% and valued at over $41.07 million, while ARK Investment Management, LLC holds 3.06% of the shares totaling 6.29 million with a market value of $33.54 million.

Genius Sports Limited (GENI) Insider Activity

A total of 0 insider transactions have happened at Genius Sports Limited (GENI) in the last six months, with sales accounting for 0 and purchases happening 0 times.