Super Group (SGHC) (NYSE:SGHC) COO Sells $560,000.00 in Stock

Super Group (SGHC) Limited (NYSE:SGHCGet Free Report) COO Kirsty Ross sold 40,000 shares of the 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 transaction, the chief operating officer directly owned 48,261 shares in the company, valued at approximately $675,654. The trade was a 45.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Friday, July 31st, Kirsty 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 Up 2.8%

Shares of NYSE SGHC opened at $14.17 on Friday. The stock has a market cap of $7.17 billion, a PE ratio of 19.60 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. Super Group has a 12-month low of $8.46 and a 12-month high of $15.86. The company has a 50-day moving average of $14.04 and a 200 day moving average of $12.64.

Super Group (SGHC) (NYSE:SGHCGet Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). Super Group (SGHC) had a return on equity of 47.37% and a net margin of 15.22%.The company had revenue of $684.00 million during the quarter, compared to analyst estimates of $659.90 million. As a group, sell-side analysts predict that Super Group will post 0.8 EPS for the current fiscal year.

Super Group (SGHC) Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.20 dividend on an annualized basis and a yield of 1.4%. Super Group (SGHC)’s payout ratio is 27.78%.

Hedge Funds Weigh In On Super Group (SGHC)

Hedge funds have recently made changes to their positions in the stock. CIBC Private Wealth Group LLC purchased a new stake in Super Group (SGHC) in the fourth quarter valued at approximately $28,000. SBI Securities Co. Ltd. grew its stake in shares of Super Group (SGHC) by 119.3% in the fourth quarter. SBI Securities Co. Ltd. now owns 5,964 shares of the company’s stock valued at $71,000 after buying an additional 3,244 shares in the last quarter. Independent Financial Group LLC purchased a new stake in shares of Super Group (SGHC) in the 1st quarter valued at $114,000. Wealthspire Advisors LLC purchased a new stake in shares of Super Group (SGHC) in the 4th quarter valued at $120,000. Finally, Teza Capital Management LLC acquired a new position in Super Group (SGHC) during the 2nd quarter worth about $121,000. Hedge funds and other institutional investors own 5.09% of the company’s stock.

Analysts Set New Price Targets

SGHC has been the topic of several analyst reports. Citigroup reaffirmed an “outperform” rating on shares of Super Group (SGHC) in a research report on Wednesday, July 8th. BTIG Research increased their price objective on Super Group (SGHC) from $16.00 to $19.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of Super Group (SGHC) in a research note on Thursday, August 13th. Benchmark lifted their target price on Super Group (SGHC) from $19.00 to $20.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Wall Street Zen upgraded Super Group (SGHC) from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $18.71.

Check Out Our Latest Stock Analysis on SGHC

Super Group (SGHC) Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Super Group (SGHC) (NYSE:SGHC)

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