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

Super Group (SGHC) Limited (NYSE:SGHC) COO Kirsty Farrah Ross sold 25,356 shares of the company’s stock in a transaction 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 transaction, the chief operating officer directly owned 27,000 shares in the company, valued at $351,000. This trade represents a 48.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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 Performance

Shares of Super Group (SGHC) stock opened at $12.73 on Thursday. The stock’s fifty day moving average is $12.10 and its two-hundred day moving average is $11.19. The company has a market capitalization of $6.44 billion, a PE ratio of 26.35 and a beta of 1.08. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.02. Super Group has a 52 week low of $8.46 and a 52 week high of $14.38.

Super Group (SGHC) (NYSE:SGHC) last announced its quarterly earnings data 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 return on equity of 42.85% and a net margin of 10.58%. As a group, analysts expect that Super Group will post 0.8 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have commented on SGHC. BTIG Research restated a “buy” rating and issued a $16.00 target price on shares of Super Group (SGHC) in a research note on Thursday, April 16th. Zacks Research downgraded shares of Super Group (SGHC) from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Wall Street Zen upgraded shares of Super Group (SGHC) from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Citigroup reissued an “outperform” rating on shares of Super Group (SGHC) in a research report on Wednesday, May 20th. Finally, Benchmark increased their price target on Super Group (SGHC) from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Seven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $17.57.

Institutional Investors Weigh In On Super Group (SGHC)

A number of institutional investors have recently added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV boosted its stake in Super Group (SGHC) by 7.1% in the third quarter. Mercer Global Advisors Inc. ADV now owns 16,363 shares of the company’s stock valued at $216,000 after acquiring an additional 1,078 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in Super Group (SGHC) by 12.2% in the first quarter. PNC Financial Services Group Inc. now owns 13,012 shares of the company’s stock valued at $141,000 after acquiring an additional 1,418 shares in the last quarter. Mariner LLC boosted its stake in Super Group (SGHC) by 1.4% in the third quarter. Mariner LLC now owns 103,271 shares of the company’s stock valued at $1,363,000 after acquiring an additional 1,471 shares in the last quarter. ProShare Advisors LLC boosted its stake in Super Group (SGHC) by 6.8% in the fourth quarter. ProShare Advisors LLC now owns 29,112 shares of the company’s stock valued at $348,000 after acquiring an additional 1,865 shares in the last quarter. Finally, Advisory Research Inc. boosted its stake in Super Group (SGHC) by 5.4% in the fourth quarter. Advisory Research Inc. now owns 37,688 shares of the company’s stock valued at $450,000 after acquiring an additional 1,923 shares in the last quarter. 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.