Genius Sports Limited (NYSE: GENI) is -1.16% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GENI stock was last observed hovering at around $8.80 in the last trading session, with the day’s loss setting it -0.25%.
Currently trading at $8.55, the stock is -3.24% and -3.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.28 million and changing -2.84% at the moment leaves the stock 23.17% off its SMA200. GENI registered 50.26% gain for a year compared to 6-month gain of 43.22%. The firm has a 50-day simple moving average (SMA 50) of $8.7874 and a 200-day simple moving average (SMA200) of $6.92735.
The stock witnessed a -8.36% loss in the last 1 month and extending the period to 3 months gives it a 16.33%, and is -2.84% 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 4.48% over the week and 3.78% over the month.
Genius Sports Limited (GENI) has around 2300 employees, a market worth around $1.96B and $462.54M in sales. Fwd P/E is 3238.64. Profit margin for the company is -15.84%. Distance from 52-week low is 74.13% and -17.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.08%).
with sales reaching $175.67M over the same period.The EPS is expected to grow by 63.19% this year, but quarterly earnings will post 23.76% year-over-year. Quarterly sales are estimated to grow 38.14% in year-over-year returns.
Genius Sports Limited (GENI) Top Institutional Holders
The shares outstanding are 211.14M, and float is at 188.49M with Short Float at 16.26%.
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 08 ’25, Taylor Nicholas Charles Fraser (Officer) Proposed Sale 8,859 shares at an average price of $8.89 for $78785.0. The insider now directly holds shares of Genius Sports Limited (GENI).
