Sumitomo Mitsui Trust Group Inc. Sells 372,659 Shares of Genius Sports Limited $GENI

Sumitomo Mitsui Trust Group Inc. decreased its stake in shares of Genius Sports Limited (NYSE:GENI) by 10.6% during the third quarter, HoldingsChannel.com reports. The firm owned 3,154,369 shares of the company’s stock after selling 372,659 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Genius Sports were worth $18,075,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. State of Wyoming grew its holdings in Genius Sports by 992.8% during the 3rd quarter. State of Wyoming now owns 16,010 shares of the company’s stock valued at $92,000 after buying an additional 14,545 shares in the last quarter. Signaturefd LLC increased its position in shares of Genius Sports by 45.9% during the third quarter. Signaturefd LLC now owns 5,096 shares of the company’s stock valued at $29,000 after buying an additional 1,602 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Genius Sports by 15.0% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 14,578 shares of the company’s stock worth $84,000 after buying an additional 1,903 shares in the last quarter. Abel Hall LLC purchased a new stake in shares of Genius Sports in the third quarter worth about $87,000. Finally, Robertson Stephens Wealth Management LLC lifted its holdings in shares of Genius Sports by 10.4% in the third quarter. Robertson Stephens Wealth Management LLC now owns 651,135 shares of the company’s stock worth $3,731,000 after buying an additional 61,395 shares in the last quarter. Hedge funds and other institutional investors own 81.91% of the company’s stock.

Genius Sports News Summary

Here are the key news stories impacting Genius Sports this week:

• Positive Sentiment: Revenue rose 62.3% year over year to $269.9 million, topping analyst expectations of $261.1 million. The company also reported $54 million of free cash flow, a 61% conversion rate, and a 32% group adjusted EBITDA margin. Article: Genius Sports Beats Third Quarter Guidance; Raises Full-Year Outlook
• Positive Sentiment: Genius Sports raised its full-year outlook after beating its Q3 guidance. FY 2026 revenue guidance is $1.0 billion, in line with consensus. Article: Genius Sports beats guidance in first quarter post-Legend acquisition
• Neutral Sentiment: BTIG kept a Buy rating but cut its price target from $10 to $8, signaling reduced expectations while still seeing potential upside. BTIG Research recommendations
• Negative Sentiment: Adjusted performance did not translate into an EPS beat: the company reported a loss of $0.06 per share versus analysts’ expectation of $0.01 in earnings. Reports also flagged higher debt, adding to investor concerns about profitability and the balance sheet. Article: Genius Sports Reports Q3 2026 Revenue Growth and Higher Debt

Analyst Ratings Changes

GENI has been the subject of a number of analyst reports. BTIG Research cut their price objective on shares of Genius Sports from $10.00 to $8.00 and set a “buy” rating for the company in a research report on Thursday. Roth Capital reaffirmed a “buy” rating and set a $12.00 target price on shares of Genius Sports in a report on Friday, August 7th. JPMorgan Chase & Co. began coverage on shares of Genius Sports in a report on Friday, September 25th. They set an “overweight” rating and a $8.00 target price on the stock. Wall Street Zen cut shares of Genius Sports from a “sell” rating to a “strong sell” rating in a research note on Saturday, October 31st. Finally, Freedom Capital raised shares of Genius Sports to a “strong-buy” rating in a report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $10.91.

Insider Activity

In other news, CEO Mark Locke sold 477,449 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $6.58, for a total transaction of $3,141,614.42. Following the completion of the transaction, the chief executive officer owned 19,697,767 shares of the company’s stock, valued at approximately $129,611,306.86. The trade was a 2.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Thomas Russell sold 50,000 shares of the company’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $6.51, for a total transaction of $325,500.00. Following the completion of the transaction, the insider owned 471,467 shares in the company, valued at approximately $3,069,250.17. This trade represents a 9.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 850,000 shares of company stock valued at $5,582,049 in the last three months. 16.60% of the stock is owned by insiders.

Genius Sports Price Performance

Genius Sports stock opened at $5.91 on Friday. Genius Sports Limited has a 52 week low of $3.83 and a 52 week high of $11.57. The business has a 50-day simple moving average of $6.56 and a 200 day simple moving average of $6.23. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.10. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of -8.69 and a beta of 1.95.

Genius Sports (NYSE:GENI) last released its quarterly earnings results on Thursday, November 5th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.07). Genius Sports had a negative net margin of 22.99% and a negative return on equity of 23.83%. The business had revenue of $269.86 million during the quarter, compared to analysts’ expectations of $261.13 million. During the same period in the previous year, the business earned ($0.11) EPS. The business’s revenue was up 62.3% on a year-over-year basis. On average, research analysts forecast that Genius Sports Limited will post -0.35 earnings per share for the current fiscal year.

Genius Sports Profile

Genius Sports Limited (NYSE: GENI) is a sports technology and data company that provides official sports data, technology, and digital media solutions. Its platform helps sports organizations collect, manage, and distribute live game data while supporting fan engagement and commercial activities.

The company supplies real-time data and related products to sportsbooks, media companies, sports leagues, teams, and brands. Its services include live statistics, betting data and trading solutions, streaming and video content, digital marketing, sponsorship activation, and tools designed to connect sports audiences with content and advertising.

Genius Sports serves customers across international sports markets, including North America, Europe, and other regions.