Neal Menashe Sells 48,440 Shares of Super Group (SGHC) (NYSE:SGHC) Stock

Super Group (SGHC) Limited (NYSE:SGHCGet Free Report) CEO Neal Menashe sold 48,440 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $13.97, for a total transaction of $676,706.80. Following the transaction, the chief executive officer owned 730,733 shares in the company, valued at approximately $10,208,340.01. This trade represents a 6.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Super Group (SGHC) Stock Performance

Shares of Super Group (SGHC) stock opened at $13.94 on Wednesday. The firm’s fifty day simple moving average is $13.98 and its 200-day simple moving average is $12.03. Super Group has a 12 month low of $8.46 and a 12 month high of $15.86. The stock has a market capitalization of $7.05 billion, a price-to-earnings ratio of 28.86 and a beta of 1.07. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.61 and a quick ratio of 1.61.

Super Group (SGHC) (NYSE:SGHCGet Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). The business had revenue of $684.00 million for the quarter, compared to analyst estimates of $659.90 million. Super Group (SGHC) had a return on equity of 42.85% and a net margin of 10.58%. As a group, equities analysts forecast that Super Group will post 0.8 earnings per share for the current year.

Super Group (SGHC) Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, June 23rd. Super Group (SGHC)’s dividend payout ratio is presently 41.67%.

Trending Headlines about Super Group (SGHC)

Here are the key news stories impacting Super Group (SGHC) this week:

  • Positive Sentiment: Revenue beat expectations: Super Group reported quarterly revenue of $684 million, above the $659.9 million analyst consensus. The strong top-line performance supports the company’s global sports-betting and iGaming growth outlook. Super Group earnings press release
  • Positive Sentiment: Analyst sentiment remains supportive: Seven analysts rate SGHC a Buy versus two Holds, with an average price target of $18.43. BTIG recently raised its target to $19 from $16, while Citigroup reiterated an Outperform rating. Analyst outlook for Super Group
  • Neutral Sentiment: Quarterly results were mixed: Earnings per share came in at $0.22, narrowly below the $0.23 consensus estimate. The company’s reported 10.58% net margin and 42.85% return on equity nevertheless indicate solid profitability. Super Group also updated its fiscal 2026 guidance, but the available announcement did not provide a specific EPS forecast.
  • Negative Sentiment: Executives sold shares: CEO Neal Menashe, COO Kirsty Farrah Ross and CFO Wyk Alinda Van collectively sold 125,635 shares at approximately $13.97 each. The filings state the transactions were intended to cover tax withholding tied to equity-award vesting, reducing the negative signal, although the sales may still weigh on sentiment. Super Group insider transactions

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. CIBC Private Wealth Group LLC acquired a new position in shares of Super Group (SGHC) during the fourth quarter worth about $28,000. SBI Securities Co. Ltd. lifted its position in Super Group (SGHC) by 119.3% in the fourth quarter. SBI Securities Co. Ltd. now owns 5,964 shares of the company’s stock valued at $71,000 after purchasing an additional 3,244 shares during the period. Wealthspire Advisors LLC purchased a new stake in Super Group (SGHC) in the 4th quarter valued at approximately $120,000. Independent Financial Group LLC purchased a new stake in Super Group (SGHC) in the 1st quarter valued at approximately $114,000. Finally, Cibc World Markets Corp acquired a new position in Super Group (SGHC) during the 4th quarter worth approximately $126,000. 5.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on SGHC shares. BTIG Research raised their price target on Super Group (SGHC) from $16.00 to $19.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Citigroup reaffirmed an “outperform” rating on shares of Super Group (SGHC) in a research note on Wednesday, July 8th. Zacks Research cut Super Group (SGHC) from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Wall Street Zen raised Super Group (SGHC) from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Finally, Citizens Jmp upped their price target on Super Group (SGHC) from $17.00 to $19.00 and gave the stock a “market outperform” rating in a research note on Wednesday, July 8th. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $18.43.

Read Our Latest Research Report on SGHC

About Super Group (SGHC)

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Super Group (SGHC) (NYSE:SGHC)

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