CEO Carsten Koerl buys $1.9 million of Sportradar Group AG (SRAD)

Carsten Koerl, chief executive of Sportradar Group AG, bought 143,000 shares on the open market on May 1, 2026 at an average of $13.23 a share, for a total of $1.9 million. The purchase was reported to the SEC on Form 4 on May 4, 2026.

It raised their holding by 6.7%, to 2,278,272 shares.

The purchase came after a fall: Sportradar Group AG stock was down 33.5% over the 13 weeks before.

6 other insiders also bought at least $10,000 of SRAD within 30 days, which makes this a cluster buy.

Carsten Koerl last bought SRAD on April 30, 2026.

In the 12 months up to this filing, Sportradar Group AG insiders reported 9 open-market purchases and 0 sales.

WallStPal Score: 68 out of 100, because of a large purchase; 6 other insiders also bought; the stock had fallen 33.5% in the 13 weeks before; bought by a top executive.

What happened next: after 1 month the stock was up 4.1% (1.9 points worse than the S&P 500); after 3 months the stock was down 6.7% (10.2 points worse than the S&P 500). Based on weekly prices from the week of the purchase.

Our read

It is one of 9 insider purchases at SRAD in the past year, the first open-market purchase by Carsten Koerl in our records, made after a 33.5% fall in 13 weeks, a setup where insider buying has historically mattered most. Insiders buy for many reasons and can be wrong; one purchase is a reason to look closer, not a reason to buy.

Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.

Examples

Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.

Explain it like I'm 13

Carsten Koerl helps run Sportradar Group AG. Spending $1.9 million of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.

More: all SRAD insider trades · Carsten Koerl's track record