Genius Sports Limited (NYSE: GENI) is 1.73% higher on its value in year-to-date trading and has touched a low of $4.91 and a high of $10.33 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 $8.50 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $8.80, the stock is -2.33% and 1.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.88 million and changing 3.53% at the moment leaves the stock 28.19% off its SMA200. GENI registered 56.86% gain for a year compared to 6-month gain of 62.66%. The firm has a 50-day simple moving average (SMA 50) of $8.6512 and a 200-day simple moving average (SMA200) of $6.86475.
The stock witnessed a -12.00% loss in the last 1 month and extending the period to 3 months gives it a 19.24%, and is -0.68% down 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 3.36% over the week and 3.64% over the month.
Genius Sports Limited (GENI) has around 2300 employees, a market worth around $2.09B and $462.54M in sales. Fwd P/E is 977.78. Profit margin for the company is -15.84%. Distance from 52-week low is 79.23% and -14.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.08%).
The EPS is expected to grow by 63.43% this year.
Genius Sports Limited (GENI) Top Institutional Holders
The shares outstanding are 211.14M, and float is at 188.49M with Short Float at 15.57%.
The top institutional shareholder in the company is CALEDONIA (PRIVATE) INVESTMENTS PTY LTD with over 20.15 million shares valued at $109.84 million. The investor’s holdings represent 8.7883% of the GENI Shares outstanding. As of 2024-06-30, the second largest holder is GRANAHAN INVESTMENT MANAGEMENT, LLC with 9.97 million shares valued at $54.32 million to account for 4.3465 of the shares outstanding. The other top investors are SUMITOMO MITSUI TRUST HOLDINGS, INC. which holds 8.31 million shares representing 3.6232% and valued at over $45.28 million, while NIKKO ASSET MANAGEMENT AMERICAS, INC. holds 3.6232 of the shares totaling 8.31 million with a market value of $45.28 million.
Genius Sports Limited (GENI) Insider Activity
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Still, SEC filings show that on Jan 03 ’25, Taylor Nicholas Charles Fraser (Officer) Proposed Sale 72,028 shares at an average price of $8.67 for $0.62 million. The insider now directly holds shares of Genius Sports Limited (GENI).
