One Capital Management LLC boosted its position in Super Group (SGHC) Limited (NYSE:SGHC – Free Report) by 43.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 149,469 shares of the company’s stock after acquiring an additional 44,927 shares during the period. One Capital Management LLC’s holdings in Super Group (SGHC) were worth $1,786,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. SBI Securities Co. Ltd. grew its holdings in Super Group (SGHC) by 67,900.0% in the 3rd quarter. SBI Securities Co. Ltd. now owns 2,720 shares of the company’s stock worth $36,000 after acquiring an additional 2,716 shares during the last quarter. Teza Capital Management LLC bought a new stake in Super Group (SGHC) in the 2nd quarter worth $121,000. PNC Financial Services Group Inc. grew its holdings in Super Group (SGHC) by 7,056.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 11,594 shares of the company’s stock worth $139,000 after acquiring an additional 11,432 shares during the last quarter. Landscape Capital Management L.L.C. bought a new stake in Super Group (SGHC) in the 3rd quarter worth $141,000. Finally, Vanguard Personalized Indexing Management LLC bought a new stake in Super Group (SGHC) in the 3rd quarter worth $144,000. Institutional investors own 5.09% of the company’s stock.
Insider Activity at Super Group (SGHC)
In other news, CFO Wyk Alinda Van sold 78,837 shares of Super Group (SGHC) stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $13.70, for a total transaction of $1,080,066.90. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Neal Menashe sold 78,530 shares of Super Group (SGHC) stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $10.71, for a total transaction of $841,056.30. Following the sale, the chief executive officer directly owned 676,334 shares in the company, valued at $7,243,537.14. The trade was a 10.40% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 285,979 shares of company stock worth $3,356,623. 10.41% of the stock is currently owned by company insiders.
Super Group (SGHC) Trading Up 0.6%
Super Group (SGHC) (NYSE:SGHC – Get Free Report) last announced its earnings results on Saturday, April 18th. The company reported $0.13 earnings per share for the quarter. The firm had revenue of $578.00 million for the quarter. Super Group (SGHC) had a net margin of 10.58% and a return on equity of 42.85%. Sell-side analysts anticipate that Super Group will post 0.8 EPS for the current year.
Analyst Ratings Changes
A number of equities research analysts have issued reports on SGHC shares. BTIG Research reissued a “buy” rating and issued a $16.00 price target on shares of Super Group (SGHC) in a report on Thursday, April 16th. Zacks Research lowered shares of Super Group (SGHC) from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Citigroup reissued an “outperform” rating on shares of Super Group (SGHC) in a report on Wednesday, May 20th. Citizens Jmp raised their price target on shares of Super Group (SGHC) from $16.00 to $17.00 and gave the stock a “market outperform” rating in a report on Wednesday, May 20th. Finally, Benchmark raised their price target on shares of Super Group (SGHC) from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $17.57.
View Our Latest Analysis on SGHC
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.
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