Kirsty Farrah Ross Sells 25,356 Shares of Super Group (SGHC) (NYSE:SGHC) Stock

Super Group (SGHC) Limited (NYSE:SGHC) COO Kirsty Farrah Ross sold 25,356 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $13.00, for a total value of $329,628.00. Following the completion of the sale, the chief operating officer directly owned 27,000 shares of the company’s stock, valued at $351,000. This trade represents a 48.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Wednesday, April 8th, Kirsty Farrah Ross sold 47,391 shares of Super Group (SGHC) stock. The shares were sold at an average price of $10.71, for a total value of $507,557.61.

Super Group (SGHC) Stock Down 1.3%

Super Group (SGHC) stock traded down $0.16 during mid-day trading on Wednesday, reaching $12.49. The stock had a trading volume of 834,284 shares, compared to its average volume of 3,060,374. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.61 and a current ratio of 1.61. Super Group has a fifty-two week low of $8.46 and a fifty-two week high of $14.38. The stock’s 50-day simple moving average is $12.02 and its 200-day simple moving average is $11.19. The firm has a market capitalization of $6.32 billion, a PE ratio of 25.86 and a beta of 1.08.

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

Analyst Upgrades and Downgrades

SGHC has been the subject of a number of research reports. Wall Street Zen raised Super Group (SGHC) from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Weiss Ratings raised Super Group (SGHC) from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Zacks Research cut Super Group (SGHC) from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Citigroup reaffirmed an “outperform” rating on shares of Super Group (SGHC) in a research report on Wednesday, May 20th. Finally, Citizens Jmp lifted their target price on Super Group (SGHC) from $16.00 to $17.00 and gave the company a “market outperform” rating in a research report on Wednesday, May 20th. Seven equities 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, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $17.57.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of SGHC. Invesco Ltd. boosted its position in shares of Super Group (SGHC) by 324.3% during the fourth quarter. Invesco Ltd. now owns 4,671,798 shares of the company’s stock valued at $55,828,000 after buying an additional 3,570,825 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Super Group (SGHC) by 97.8% during the third quarter. Arrowstreet Capital Limited Partnership now owns 4,437,534 shares of the company’s stock worth $58,575,000 after acquiring an additional 2,193,989 shares during the period. Norges Bank bought a new stake in Super Group (SGHC) during the fourth quarter worth $23,791,000. Millennium Management LLC lifted its holdings in Super Group (SGHC) by 127.2% during the first quarter. Millennium Management LLC now owns 2,737,329 shares of the company’s stock worth $17,628,000 after acquiring an additional 1,532,666 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in Super Group (SGHC) by 74.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,920,185 shares of the company’s stock worth $22,946,000 after acquiring an additional 818,455 shares during the period. Hedge funds and other institutional investors own 5.09% of the company’s stock.

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.