P.A.W. Capital Corp Sells 65,000 Shares of Genius Sports Limited (NYSE:GENI)

P.A.W. Capital Corp reduced its holdings in shares of Genius Sports Limited (NYSE:GENI) by 14.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 400,000 shares of the company’s stock after selling 65,000 shares during the period. Genius Sports comprises about 6.6% of P.A.W. Capital Corp’s investment portfolio, making the stock its 6th biggest position. P.A.W. Capital Corp owned 0.19% of Genius Sports worth $3,460,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the business. Arkadios Wealth Advisors bought a new position in Genius Sports during the 3rd quarter valued at about $79,000. Fullcircle Wealth LLC bought a new position in Genius Sports during the 3rd quarter valued at about $118,000. Harbor Capital Advisors Inc. bought a new position in Genius Sports during the 3rd quarter valued at about $2,465,000. Olympiad Research LP bought a new position in Genius Sports during the 3rd quarter valued at about $209,000. Finally, GSA Capital Partners LLP bought a new position in Genius Sports during the 3rd quarter valued at about $532,000. 81.91% of the stock is currently owned by institutional investors and hedge funds.

Genius Sports Price Performance

GENI opened at $9.07 on Friday. The company has a market cap of $1.95 billion, a price-to-earnings ratio of -28.33 and a beta of 2.15. The firm has a 50 day simple moving average of $9.00 and a 200 day simple moving average of $8.33. Genius Sports Limited has a fifty-two week low of $4.91 and a fifty-two week high of $10.33.

Analyst Upgrades and Downgrades

GENI has been the subject of several analyst reports. B. Riley lifted their price target on shares of Genius Sports from $10.00 to $12.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Oppenheimer boosted their target price on shares of Genius Sports from $10.00 to $12.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th. The Goldman Sachs Group boosted their target price on shares of Genius Sports from $8.50 to $11.50 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Macquarie boosted their target price on shares of Genius Sports from $10.00 to $12.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $12.00 target price on shares of Genius Sports in a research note on Friday, January 17th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $11.28.

Genius Sports Company Profile

Genius Sports Limited engages in the development and sale of technology-led products and services to the sports, sports betting, and sports media industries. It offers technology infrastructure for the collection, integration, and distribution of live data of sports leagues; streaming solutions comprising technology, automatic production, and distribution for sports to commercialize video footage of their games; and end-to-end integrity services to sports leagues, such as full-time active monitoring technology, which uses mathematical algorithms to identify and flag suspicious betting activity in global betting markets, as well as a full suite of online and offline educational and consultancy services.