Super Group (SGHC) (NYSE:SGHC) COO Kirsty Farrah Ross Sells 40,000 Shares of Stock

Super Group (SGHC) Limited (NYSE:SGHC) COO Kirsty Farrah Ross sold 40,000 shares of the firm’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $14.00, for a total transaction of $560,000.00. Following the completion of the transaction, the chief operating officer directly owned 48,261 shares of the company’s stock, valued at $675,654. This represents a 45.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Friday, July 31st, Kirsty Farrah Ross sold 54,551 shares of Super Group (SGHC) stock. The stock was sold at an average price of $13.97, for a total transaction of $762,077.47.

Super Group (SGHC) Stock Performance

NYSE SGHC opened at $13.47 on Wednesday. The firm has a market capitalization of $6.81 billion, a P/E ratio of 18.63 and a beta of 1.06. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.02. The firm’s fifty day moving average price is $14.02 and its two-hundred day moving average price is $12.57. Super Group has a 1 year low of $8.46 and a 1 year high of $15.86.

Super Group (SGHC) (NYSE:SGHC) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). The firm had revenue of $684.00 million during the quarter, compared to the consensus estimate of $659.90 million. Super Group (SGHC) had a net margin of 15.22% and a return on equity of 47.37%. As a group, research analysts anticipate that Super Group will post 0.8 EPS for the current year.

Super Group (SGHC) Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a dividend of $0.05 per share. The ex-dividend date was Tuesday, June 23rd. This represents a $0.20 dividend on an annualized basis and a yield of 1.5%. Super Group (SGHC)’s dividend payout ratio (DPR) is presently 27.78%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SGHC. California State Teachers Retirement System increased its position in Super Group (SGHC) by 250.7% during the 2nd quarter. California State Teachers Retirement System now owns 30,244 shares of the company’s stock worth $410,000 after buying an additional 21,621 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of Super Group (SGHC) in the second quarter valued at about $674,000. Globeflex Capital L P bought a new stake in shares of Super Group (SGHC) in the second quarter valued at about $1,265,000. Baron Wealth Management LLC acquired a new position in shares of Super Group (SGHC) in the second quarter valued at about $158,000. Finally, Prospect Capital Advisors LLC grew its stake in shares of Super Group (SGHC) by 42.9% in the first quarter. Prospect Capital Advisors LLC now owns 1,042,100 shares of the company’s stock valued at $11,255,000 after acquiring an additional 313,100 shares in the last quarter. 5.09% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on SGHC shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Super Group (SGHC) in a research report on Thursday, August 13th. Citizens Jmp reissued a “market outperform” rating and set a $19.00 target price on shares of Super Group (SGHC) in a report on Monday. Needham & Company LLC increased their price target on Super Group (SGHC) from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Wall Street Zen raised Super Group (SGHC) from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Super Group (SGHC) in a research report on Wednesday, July 8th. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $18.71.

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.