Super Group (SGHC) (NYSE:SGHC) CFO Sells $1,080,066.90 in Stock

Super Group (SGHC) Limited (NYSE:SGHC) CFO Wyk Alinda Van sold 78,837 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $13.70, for a total transaction of $1,080,066.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Wyk Alinda Van also recently made the following trade(s):

• On Wednesday, April 8th, Wyk Alinda Van sold 51,104 shares of Super Group (SGHC) stock. The stock was sold at an average price of $10.71, for a total transaction of $547,323.84.

Super Group (SGHC) Price Performance

Shares of Super Group (SGHC) stock opened at $12.79 on Friday. The firm has a market cap of $6.47 billion, a PE ratio of 26.48 and a beta of 1.11. Super Group has a 12-month low of $8.46 and a 12-month 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. The company’s fifty day simple moving average is $11.93 and its two-hundred day simple moving average is $11.18.

Super Group (SGHC) (NYSE:SGHC) last announced its quarterly earnings results on Saturday, April 18th. The company reported $0.13 earnings per share (EPS) for the quarter. The business 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%. As a group, equities analysts expect that Super Group will post 0.8 EPS for the current year.

Institutional Investors Weigh In On Super Group (SGHC)

A number of large investors have recently modified their holdings of the stock. CIBC Private Wealth Group LLC bought a new stake in Super Group (SGHC) during the fourth quarter worth about $28,000. SBI Securities Co. Ltd. boosted its stake in Super Group (SGHC) by 67,900.0% during the third 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 in the last quarter. Independent Financial Group LLC bought a new stake in Super Group (SGHC) during the first quarter worth about $114,000. Wealthspire Advisors LLC bought a new stake in Super Group (SGHC) during the fourth quarter worth about $120,000. Finally, Teza Capital Management LLC bought a new stake in Super Group (SGHC) during the second quarter worth about $121,000. Institutional investors own 5.09% of the company’s stock.

Analyst Upgrades and Downgrades

SGHC has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Super Group (SGHC) from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Citigroup reissued an “outperform” rating on shares of Super Group (SGHC) in a report on Wednesday, May 20th. Zacks Research lowered shares of Super Group (SGHC) from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. BTIG Research reaffirmed a “buy” rating and set a $16.00 target price on shares of Super Group (SGHC) in a research note on Thursday, April 16th. Finally, Benchmark lifted their target price on shares of Super Group (SGHC) from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Super Group (SGHC) currently has a consensus rating of “Moderate Buy” and an average price target 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.