In today’s recent session, 1.05 million shares of the Genius Sports Limited (NYSE:GENI) have been traded, and its beta is 1.96. Most recently the company’s share price was $10.05, and it changed around $0.13 or 1.26% from the last close, which brings the market valuation of the company to $2.59B. GENI at last check was trading at a discount to its 52-week high of $11.16, offering almost -11.04% off that amount. The share price’s 52-week low was $4.91, which indicates that the recent value has risen by an impressive 51.14% since then. We note from Genius Sports Limited’s average daily trading volume that its 10-day average is 3.39 million shares, with the 3-month average coming to 3.36 million.
Genius Sports Limited stock received a consensus recommendation rating of Buy, based on a mean score of 1.14. If we narrow it down even further, the data shows that 0 out of 14 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 1 recommended GENI as a Hold, whereas 10 deemed it a Buy, and 0 rated it as Underweight.
Genius Sports Limited (NYSE:GENI) trade information
Instantly GENI has been showing a green trend so far today with a performance of 1.26% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 10.19 on recent trading dayincreased the stock’s daily price by 1.37%. The company’s shares are currently up 16.13% year-to-date, but still up 15.86% over the last five days. On the other hand, Genius Sports Limited (NYSE:GENI) is 5.96% up in the 30-day period. We can see from the shorts that 29.83 million shares have been sold at a short interest cover period of 6.23 day(s).
The consensus price target as assigned by Wall Street analysts is $14, which translates to bulls needing to increase their stock price by 28.21% from its current value. Analyst projections state that GENI is forecast to be at a low of $13 and a high of $15.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 13.71%.
GENI Dividends
Genius Sports Limited’s next quarterly earnings report is expected to be released on 2025-Mar-03.
Genius Sports Limited (NYSE:GENI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 8.79% of Genius Sports Limited shares, and 82.66% of them are in the hands of institutional investors. The stock currently has a share float of 90.62%. Genius Sports Limited stock is held by 221.0 institutions, with CALEDONIA (PRIVATE) INVESTMENTS PTY LTD being the largest institutional investor. By 2024-06-30, it held 8.7831% of the shares, which is about 20.15 million shares worth $109.84 million.
GRANAHAN INVESTMENT MANAGEMENT, LLC, with 4.3439% or 9.97 million shares worth $54.32 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
SMALLCAP WORLD FUND INC and MFS SERIES TRUST I-MFS New Discovery Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 11.41 shares worth $115.04 million, making up 5.30% of all outstanding shares. On the other hand, MFS SERIES TRUST I-MFS New Discovery Fund held roughly 4.12 shares worth around $41.52 million, which represents about 1.91% of the total shares outstanding.
