Home / Business and Economy / Global IMC Slashes Sportradar Holdings by $7.25M
Global IMC Slashes Sportradar Holdings by $7.25M
21 Dec, 2025
Summary
- Global IMC sold 253,168 Sportradar shares valued at $7.5 million.
- The stake reduction decreased Sportradar's share to $3.18 million.
- Sportradar shares grew 38% over the past year.
Global IMC LLC has significantly decreased its investment in Sportradar Group AG, according to a recent SEC filing. The California-based firm sold 253,168 shares, valued at approximately $7.5 million, reducing its overall stake to 118,389 shares worth $3.18 million.
This move is part of an ongoing fund liquidation, which saw Sportradar's position decrease from 45.2% to 13.5% of Global IMC's reportable assets. Despite this substantial reduction, Sportradar shares have demonstrated strong performance, appreciating nearly 38% over the past year, significantly outperforming the broader S&P 500.
Sportradar Group, a provider of sports data services, reported robust third-quarter financials, including a 14% year-over-year revenue increase and a 29% surge in adjusted EBITDA. The company also raised its full-year revenue guidance and expanded its share repurchase authorization, signaling confidence in its financial health.
