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 value of $1,080,066.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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 value of $547,323.84.

Super Group (SGHC) Stock Performance

NYSE:SGHC opened at $13.50 on Tuesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.61 and a quick ratio of 1.61. The business has a fifty day simple moving average of $11.80 and a two-hundred day simple moving average of $11.16. Super Group has a 1 year low of $8.12 and a 1 year high of $14.38. The company has a market capitalization of $6.83 billion, a P/E ratio of 27.94 and a beta of 1.11.

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV increased its holdings in Super Group (SGHC) by 7.1% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 16,363 shares of the company’s stock valued at $216,000 after purchasing an additional 1,078 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Super Group (SGHC) by 12.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 13,012 shares of the company’s stock worth $141,000 after acquiring an additional 1,418 shares during the period. Mariner LLC grew its holdings in shares of Super Group (SGHC) by 1.4% during the 3rd quarter. Mariner LLC now owns 103,271 shares of the company’s stock worth $1,363,000 after acquiring an additional 1,471 shares during the period. ProShare Advisors LLC grew its holdings in shares of Super Group (SGHC) by 6.8% during the 4th quarter. ProShare Advisors LLC now owns 29,112 shares of the company’s stock worth $348,000 after acquiring an additional 1,865 shares during the period. Finally, Advisory Research Inc. grew its holdings in shares of Super Group (SGHC) by 5.4% during the 4th quarter. Advisory Research Inc. now owns 37,688 shares of the company’s stock worth $450,000 after acquiring an additional 1,923 shares during the period. Hedge funds and other institutional investors own 5.09% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on SGHC. BTIG Research reissued a “buy” rating and set a $16.00 price objective on shares of Super Group (SGHC) in a research note on Thursday, April 16th. Benchmark lifted their price target on Super Group (SGHC) from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Citizens Jmp lifted their price target on Super Group (SGHC) from $16.00 to $17.00 and gave the stock a “market outperform” rating in a research note on Wednesday, May 20th. Zacks Research lowered Super Group (SGHC) from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Weiss Ratings raised Super Group (SGHC) from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Super Group (SGHC) presently 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.