One Capital Management LLC Acquires 44,927 Shares of Super Group (SGHC) Limited $SGHC

One Capital Management LLC increased its holdings in Super Group (SGHC) Limited (NYSE:SGHC) by 43.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 149,469 shares of the company’s stock after buying an additional 44,927 shares during the period. One Capital Management LLC’s holdings in Super Group (SGHC) were worth $1,786,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. American Century Companies Inc. lifted its stake in Super Group (SGHC) by 3.0% in the 3rd quarter. American Century Companies Inc. now owns 5,366,058 shares of the company’s stock worth $70,832,000 after purchasing an additional 156,351 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Super Group (SGHC) by 97.8% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 4,437,534 shares of the company’s stock worth $58,575,000 after purchasing an additional 2,193,989 shares in the last quarter. Millennium Management LLC lifted its stake in Super Group (SGHC) by 127.2% in the 1st quarter. Millennium Management LLC now owns 2,737,329 shares of the company’s stock worth $17,628,000 after purchasing an additional 1,532,666 shares in the last quarter. Norges Bank purchased a new stake in Super Group (SGHC) in the 4th quarter worth approximately $23,791,000. Finally, Vanguard Group Inc. lifted its stake in Super Group (SGHC) by 8.3% in the 3rd quarter. Vanguard Group Inc. now owns 1,988,987 shares of the company’s stock worth $26,255,000 after purchasing an additional 152,362 shares in the last quarter. 5.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Zacks Research cut shares of Super Group (SGHC) from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Benchmark raised their price objective on shares of Super Group (SGHC) from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Citizens Jmp raised their price objective on shares of 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. Weiss Ratings upgraded shares of Super Group (SGHC) from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Finally, BTIG Research restated a “buy” rating and set a $16.00 price objective on shares of Super Group (SGHC) in a research report on Thursday, April 16th. Seven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $17.57.

Insider Buying and Selling at Super Group (SGHC)

In related news, insider Kirsty Farrah Ross sold 47,391 shares of Super Group (SGHC) stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $10.71, for a total value of $507,557.61. Following the transaction, the insider owned 96,984 shares in the company, valued at $1,038,698.64. This trade represents a 32.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Wyk Alinda Van sold 78,837 shares of Super Group (SGHC) 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 SEC filing for this sale provides additional information. Insiders have sold 285,979 shares of company stock worth $3,356,623 in the last 90 days. 10.41% of the stock is owned by company insiders.

Super Group (SGHC) Stock Performance

Super Group (SGHC) stock opened at $12.73 on Thursday. The stock has a market cap of $6.44 billion, a P/E ratio of 26.35 and a beta of 1.08. The firm’s fifty day moving average price is $12.10 and its 200-day moving average price is $11.19. Super Group has a fifty-two week low of $8.46 and a fifty-two week high of $14.38. 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 (SGHC) (NYSE:SGHC) last issued its earnings results on Saturday, April 18th. The company reported $0.13 EPS for the quarter. The company 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%. On average, equities research analysts expect that Super Group will post 0.8 earnings per share for the current fiscal year.

About Super Group (SGHC)

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.