Super Group (SGHC) (NYSE:SGHC) COO Sells $329,628.00 in Stock

Super Group (SGHC) Limited (NYSE:SGHC) COO Kirsty Farrah Ross sold 25,356 shares of Super Group (SGHC) stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $13.00, for a total value of $329,628.00. Following the sale, the chief operating officer owned 27,000 shares in the company, valued at $351,000. This trade represents a 48.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Kirsty Farrah Ross also recently made the following trade(s):

• On Wednesday, April 8th, Kirsty Farrah Ross sold 47,391 shares of Super Group (SGHC) stock. The stock was sold at an average price of $10.71, for a total value of $507,557.61.

Super Group (SGHC) Stock Performance

Super Group (SGHC) stock traded down $0.16 during mid-day trading on Wednesday, reaching $12.49. 834,284 shares of the company’s stock were exchanged, compared to its average volume of 3,060,374. The business’s fifty day simple moving average is $12.02 and its 200 day simple moving average is $11.19. The firm has a market capitalization of $6.32 billion, a PE ratio of 25.86 and a beta of 1.08. Super Group has a one year low of $8.46 and a one year high of $14.38. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.02.

Super Group (SGHC) (NYSE:SGHC) last issued its quarterly earnings results on Saturday, April 18th. The company reported $0.13 EPS for the quarter. The business had revenue of $578.00 million for the quarter. Super Group (SGHC) had a return on equity of 42.85% and a net margin of 10.58%. On average, sell-side analysts expect that Super Group will post 0.8 earnings per share for the current year.

Institutional Trading of Super Group (SGHC)

Several hedge funds have recently made changes to their positions in SGHC. Ninety One UK Ltd purchased a new position in shares of Super Group (SGHC) in the fourth quarter valued at $4,987,000. Massachusetts Financial Services Co. MA bought a new stake in shares of Super Group (SGHC) during the 4th quarter valued at $1,509,000. Zweig DiMenna Associates LLC bought a new stake in shares of Super Group (SGHC) during the 3rd quarter valued at $8,217,000. Algert Global LLC raised its stake in shares of Super Group (SGHC) by 2,639.6% during the 3rd quarter. Algert Global LLC now owns 733,109 shares of the company’s stock valued at $9,677,000 after purchasing an additional 706,349 shares during the period. Finally, American Century Companies Inc. raised its stake in shares of Super Group (SGHC) by 3.0% during the 3rd quarter. American Century Companies Inc. now owns 5,366,058 shares of the company’s stock valued at $70,832,000 after purchasing an additional 156,351 shares during the period. 5.09% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Benchmark boosted their target price on Super Group (SGHC) from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Citizens Jmp boosted their target price on Super Group (SGHC) from $16.00 to $17.00 and gave the company a “market outperform” rating in a research note on Wednesday, May 20th. Weiss Ratings upgraded Super Group (SGHC) from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Citigroup restated an “outperform” rating on shares of Super Group (SGHC) in a research note on Wednesday, May 20th. Finally, Wall Street Zen upgraded Super Group (SGHC) from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $17.57.

Super Group (SGHC) Company Profile

Super Group (NYSE: SGHC) is a global sports betting and iGaming operator that offers online wagering and gaming solutions under well-known brands such as Betway and Spin. The company’s technology platform supports fixed-odds and in-play sports betting, virtual sports, eSports wagering and a diverse suite of casino games, including slots, table games and live dealer experiences. Super Group’s digital infrastructure is designed to deliver a seamless, secure user experience across desktop and mobile devices.

The company holds operating licenses in multiple regulated jurisdictions, including the United Kingdom, Malta, Italy, Spain and selected states in the United States.