During the last session, Genius Sports Limited (NYSE:GENI)’s traded shares were 5.06 million. At the end of the trading day, the stock’s price was $2.82, reflecting an intraday gain of 1.81% or $0.05. The 52-week high for the GENI share is $25.18, that puts it down -792.91 from that peak though still a striking 2.13% gain since the share price plummeted to a 52-week low of $2.76. The company’s market capitalization is $667.32M, and the average intraday trading volume over the past 10 days was 1.65 million shares, and the average trade volume was 1.51 million shares over the past three months.
Genius Sports Limited (NYSE:GENI) trade information
Genius Sports Limited (GENI) registered a 1.81% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.81% in intraday trading to $2.82 this Thursday, 05/12/22, hitting a weekly high. The stock’s 5-day price performance is -28.61%, and it has moved by -28.06% in 30 days. Based on these gigs, the overall price performance for the year is -83.63%. The short interest in Genius Sports Limited (NYSE:GENI) is 4.32 million shares and it means that shorts have 1.23 day(s) to cover.
The consensus price target of analysts on Wall Street is $9.50, which implies an increase of 70.32% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5.00 and $13.00 respectively. As a result, GENI is trading at a discount of -360.99% off the target high and -77.3% off the low.
Genius Sports Limited (GENI) estimates and forecasts
Statistics show that Genius Sports Limited has outperformed its competitors in share price, compared to the industry in which it operates. Genius Sports Limited (GENI) shares have gone down -82.68% during the last six months, with a year-to-date growth rate more than the industry average at 88.80% against 16.50.
Revenue for the current quarter is expected to be $81.43 million as predicted by 7 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to $78.04 million by the end of Mar 2022.
Genius Sports Limited is due to release its next quarterly earnings on November 23. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Genius Sports Limited (NYSE:GENI)’s Major holders
Genius Sports Limited insiders own 49.63% of total outstanding shares while institutional holders control 45.84%, with the float percentage being 91.02%. Fred Alger Management, LLC is the largest shareholder of the company, while 135 institutions own stock in it. As of Sep 29, 2021, the company held over 18.05 million shares (or 9.06% of all shares), a total value of $336.74 million in shares.
The next largest institutional holding, with 16.7 million shares, is of Caledonia (Private) Investments Pty Ltd’s that is approximately 8.39% of outstanding shares. At the market price on Sep 29, 2021, these shares were valued at $311.63 million.
Also, the Mutual Funds coming in first place with the largest holdings of Genius Sports Limited (GENI) shares are Alger Small Cap Focus Fund and Alger Fds II-Alger Spectra Fund. Data provided on Oct 30, 2021 indicates that Alger Small Cap Focus Fund owns about 7.1 million shares. This amounts to just over 3.57 percent of the company’s overall shares, with a $131.67 million market value. The same data shows that the other fund manager holds slightly less at 3.56 million, or about 1.79% of the stock, which is worth about $66.0 million.