Wilson Asset Management Exits Sportradar Group AG Holding for $8.67 Million

Sportradar Group AG reported Q4 earnings, raising its 2025 outlook for at least $1.29 billion in revenue and $290 million in adjusted EBITDA. Management also authorized a $300 million share repurchase program. Despite strong financials, Wilson Asset Management sold its entire holding of 322,342 shares for $8.67 million, citing the stock's underperformance over the past year and its exposure to regulatory shifts and investor sentiment around sports betting growth.