Sportradar extends its betting rights agreement with Wimbledon, enhancing global data distribution and fan engagement capabilities.
Quiver AI Summary
Sportradar Group AG has announced a multi-year extension of its data and audiovisual betting rights agreement for The Championships, Wimbledon, originally secured through its acquisition of IMG ARENA in 2025. This renewal allows Sportradar to continue its exclusive global distribution of official data and AV betting rights for both the main draw and qualifying rounds of Wimbledon, enhancing its leading position in global tennis offerings alongside other Grand Slams and extensive ATP coverage. The partnership facilitates deeper integration of real-time data into innovative betting and fan engagement products, improving in-play experiences and maintaining event integrity. Both Sportradar and the All England Club expressed their commitment to protecting the event's integrity while supporting fan engagement and innovation in sports betting.
Potential Positives
- Multi-year extension of the data and audiovisual betting rights agreement for The Championships, Wimbledon, emphasizes Sportradar's strong partnership with the All England Club.
- Securing exclusive global distribution of official data and AV betting rights enhances Sportradar's leading position in the tennis market, covering three of the four Grand Slams.
- The agreement allows for deeper integration of official data into innovative betting products, increasing engagement and potential revenue from micro betting and player markets.
Potential Negatives
- Potential over-reliance on major events like Wimbledon could expose Sportradar to financial risks if partnerships with organizations like the All England Club fail to deliver expected returns.
- The announcement does not provide details about any financial terms of the renewal, leaving uncertainty about the deal's economic implications for the company.
- There is no mention of how this renewal may affect competition in the data and AV rights market, which could indicate potential challenges ahead for Sportradar in maintaining its leadership position.
FAQ
What is the significance of Sportradar's extension of the Wimbledon agreement?
The extension reinforces Sportradar's exclusive rights for official data and AV betting at Wimbledon, enhancing global distribution and fan engagement.
How many tennis matches does Sportradar deliver annually?
Sportradar delivers more than 40,000 tennis matches each year to its global client base, ensuring extensive coverage of the sport.
Which major tennis events does Sportradar cover?
Sportradar covers three of the four Grand Slams: Roland-Garros, Wimbledon, and the US Open, along with comprehensive ATP and UTR events.
What innovations does Sportradar plan to introduce with this extension?
The extension will enable deeper integration of official data into innovative products, including expanded micro betting and real-time odds for in-play engagement.
Why is official data important for the Wimbledon event?
Official data is crucial for maintaining the integrity of the event and enhancing fan engagement through innovative betting and technology solutions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SRAD Insider Trading Activity
$SRAD insiders have traded $SRAD stock on the open market 12 times in the past 6 months. Of those trades, 12 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SRAD stock by insiders over the last 6 months:
- CARSTEN KOERL (Chief Executive Officer) has made 4 purchases buying 594,100 shares for an estimated $7,895,216 and 0 sales.
- MARC WALDER purchased 66,000 shares for an estimated $842,820
- JEFFERY W YABUKI has made 3 purchases buying 10,000 shares for an estimated $129,400 and 0 sales.
- WILLIAM KURTZ purchased 8,000 shares for an estimated $103,785
- RAJANI RAMANATHAN purchased 8,003 shares for an estimated $99,999
- GEORGE FLEET purchased 7,850 shares for an estimated $99,930
- DEIRDRE MARY BIGLEY purchased 3,940 shares for an estimated $49,525
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SRAD Hedge Fund Activity
We have seen 77 institutional investors add shares of $SRAD stock to their portfolio, and 183 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DURABLE CAPITAL PARTNERS LP removed 5,956,331 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $99,708,980
- FMR LLC removed 4,614,523 shares (-97.6%) from their portfolio in Q1 2026, for an estimated $77,247,115
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 4,111,433 shares (-40.5%) from their portfolio in Q4 2025, for an estimated $97,728,762
- JERICHO CAPITAL ASSET MANAGEMENT L.P. removed 3,160,174 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $52,901,312
- SPRUCE HOUSE INVESTMENT MANAGEMENT LLC added 2,750,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $46,034,999
- GREENHOUSE FUNDS LLLP added 2,742,310 shares (+41.4%) to their portfolio in Q1 2026, for an estimated $45,906,269
- ILEX CAPITAL PARTNERS (UK) LLP removed 2,642,232 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $44,230,963
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$SRAD Analyst Ratings
Wall Street analysts have issued reports on $SRAD in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Benchmark issued a "Buy" rating on 04/29/2026
- Stifel issued a "Buy" rating on 01/22/2026
To track analyst ratings and price targets for $SRAD, check out Quiver Quantitative's $SRAD forecast page.
$SRAD Price Targets
Multiple analysts have issued price targets for $SRAD recently. We have seen 14 analysts offer price targets for $SRAD in the last 6 months, with a median target of $22.0.
Here are some recent targets:
- Robin Farley from UBS set a target price of $30.0 on 04/30/2026
- Barry Jonas from Truist Securities set a target price of $18.0 on 04/29/2026
- Jeffrey Stantial from Stifel set a target price of $21.0 on 04/29/2026
- Trey Bowers from Wells Fargo set a target price of $17.0 on 04/29/2026
- Jason Bazinet from Citigroup set a target price of $23.0 on 04/29/2026
- Curry Baker from Guggenheim set a target price of $30.0 on 04/29/2026
- Mike Hickey from Benchmark set a target price of $16.0 on 04/29/2026
Full Release
ST. GALLEN, Switzerland and LONDON, June 04, 2026 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD), a leading global sports technology company creating immersive experiences for sports fans and bettors, today announced a multi-year extension of its data and audiovisual (AV) betting rights agreement for The Championships, Wimbledon. The rights were originally secured as part of the company’s acquisition of IMG ARENA in 2025.
The multi-year renewal of the agreement beyond 2026 with the All England Club, which stages Wimbledon, continues Sportradar’s exclusive global distribution of official data and AV betting rights. The agreement covers both The Championships main draw and the Qualifying Competition.
The extension of the Wimbledon partnership secures Sportradar’s leading global tennis offering, including three of the four Grand Slams – Roland-Garros, Wimbledon and the US Open – alongside comprehensive ATP and UTR coverage. In total, Sportradar delivers more than 40,000 tennis matches annually to its global client base.
Sportradar is uniquely positioned to maximize the value of Wimbledon rights through its global distribution network, advanced data capabilities, proprietary technology and its broad product suite. The extension enables deeper integration of official data into innovative betting and fan engagement products, such as expanded micro betting and player markets powered by the company’s real-time odds to further enhance in-play engagement.
Moritz Gloeckler, EVP Rights and Strategic Projects Sportradar, said: “The Championships is one of the most iconic properties in global sport. Working exclusively with the All England Club allows us to bring the most accurate, real-time data from Wimbledon into the global betting ecosystem, and to the integrity services we will also provide. By integrating advanced live markets and micro betting capabilities, we’re enabling our partners to deliver more immersive engagement throughout every point, game and set.”
Paul Davies, Associate Director, Broadcast, Production & Media Rights at the All England Club, added: “We are pleased to extend our relationship with Sportradar and establish our first direct agreement for the distribution of Wimbledon’s official data and audiovisual betting rights. Ensuring that accurate, official data from The Championships is delivered globally is important for protecting the integrity of our event while supporting innovation in how fans engage with the sport.”
About Sportradar
Sportradar Group AG (NASDAQ: SRAD), founded in 2001, is a leading global sports technology company creating immersive experiences for sports fans and bettors. Positioned at the intersection of the sports, media and betting industries, the Company provides sports federations, news media, consumer platforms and sports betting operators with a best-in-class range of solutions to help grow their business. As the trusted partner of organizations like the ATP, NBA and WNBA, NHL, MLB, MLS, PGA TOUR, UEFA, FIFA, CONMEBOL, AFC, and the Bundesliga, Sportradar covers more than a million events annually across all major sports. With deep industry relationships and expertise, Sportradar is not just redefining the sports fan experience, it also safeguards sports through its Integrity Services division and advocacy for an integrity-driven environment for all involved. For more information about Sportradar, please visit www.sportradar.com.
Contact
Media
Sandra Lee [email protected]
Investors
Jim Bombassei [email protected]
