Super Group Limited (NYSE:SGHC) Shares Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP raised its stake in Super Group Limited (NYSE:SGHC) by 133.3% in the third quarter, HoldingsChannel.com reports. The fund owned 237,778 shares of the company’s stock after purchasing an additional 135,865 shares during the quarter. GSA Capital Partners LLP’s holdings in Super Group were worth $863,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Price T Rowe Associates Inc. MD raised its stake in Super Group by 13.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 39,112 shares of the company’s stock valued at $135,000 after purchasing an additional 4,715 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Super Group by 10.1% during the second quarter. The Manufacturers Life Insurance Company now owns 54,572 shares of the company’s stock worth $176,000 after buying an additional 5,005 shares in the last quarter. Algert Global LLC raised its position in shares of Super Group by 54.5% in the second quarter. Algert Global LLC now owns 19,036 shares of the company’s stock valued at $61,000 after buying an additional 6,711 shares during the last quarter. Acadian Asset Management LLC purchased a new position in shares of Super Group during the first quarter valued at approximately $31,000. Finally, ProShare Advisors LLC boosted its position in Super Group by 49.1% during the second quarter. ProShare Advisors LLC now owns 36,556 shares of the company’s stock worth $118,000 after acquiring an additional 12,037 shares during the last quarter. 5.09% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SGHC. Needham & Company LLC boosted their price target on Super Group from $6.00 to $7.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Oppenheimer upgraded Super Group from a “market perform” rating to an “outperform” rating and set a $6.00 target price for the company in a research note on Thursday, November 7th. Finally, Benchmark raised their price target on Super Group from $5.00 to $6.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th.

Super Group Stock Up 0.9 %

NYSE:SGHC opened at $5.32 on Friday. Super Group Limited has a fifty-two week low of $2.63 and a fifty-two week high of $5.50. The firm’s 50 day moving average is $4.08 and its two-hundred day moving average is $3.67. The company has a market cap of $2.65 billion, a P/E ratio of 88.67 and a beta of 0.67.

Super Group Profile

Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. Super Group (SGHC) Limited is based in Saint Peter Port, Guernsey.