Cooper Creek Partners Management reduced its position in Genius Sports by 7.5 million shares, worth $74.1 million in the third quarter. They still hold 1.7 million shares valued at $21.5 million post-trade. Shares are priced at $10.07, up 3% year-over-year but lagging the S&P 500’s 14% return. Genius Sports, a data-driven sports technology provider, generates revenue through licensing, streaming content, and digital marketing solutions for sports and betting industries. They posted 38% revenue growth, lifting full-year guidance to $655 million in 2025 revenue and $136 million in adjusted EBITDA. Cooper Creek Partners Management significantly reduced its stake in Genius Sports, selling 7.5 million shares in the third quarter, decreasing their allocation from 3% to 0.7%. The move coincided with Genius Sports’ 38% revenue growth in Q3, driven by media and betting segments, with increased full-year guidance. Volatility may persist, so focus on the company’s continued positive fundamentals.

Read more at Yahoo Finance: Why a Hedge Fund Sold Most of Its Genius Sports Stake Despite Best Quarterly Performance in Years