Key Points
- Super Group (SGHC) COO Kirsty Farrah Ross sold 25,356 shares on June 2 at an average price of $13.00, totaling about $329,628. After the sale, she still owned 27,000 shares, and the transaction cut her stake by 48.43%.
- Ross had also sold shares earlier, including 47,391 shares on April 8 at an average price of $10.71, worth about $507,558.
- SGHC’s stock was trading slightly higher and the company recently reported quarterly EPS of $0.13 on revenue of $578 million. Analysts currently rate the stock a “Moderate Buy” with a consensus price target of $17.57.
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Super Group (SGHC) Limited (NYSE:SGHC - Get Free Report) COO Kirsty Farrah Ross sold 25,356 shares of Super Group (SGHC) stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $13.00, for a total transaction of $329,628.00. Following the sale, the chief operating officer owned 27,000 shares of the company's stock, valued at $351,000. The trade was a 48.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through 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 stock was sold at an average price of $10.71, for a total value of $507,557.61.
Super Group (SGHC) Trading Up 0.6%
Super Group (SGHC) stock opened at $12.73 on Thursday. The company has a market capitalization of $6.44 billion, a price-to-earnings ratio of 26.35 and a beta of 1.08. The stock has a 50-day moving average price of $12.10 and a 200 day moving average price of $11.19. Super Group has a 52 week low of $8.46 and a 52 week high of $14.38. 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 (SGHC) (NYSE:SGHC - Get Free Report) last announced its earnings results on Saturday, April 18th. The company reported $0.13 earnings per share for the quarter. Super Group (SGHC) had a return on equity of 42.85% and a net margin of 10.58%.The business had revenue of $578.00 million during the quarter. Sell-side analysts anticipate that Super Group will post 0.8 EPS for the current year.
Analysts Set New Price Targets
A number of research analysts have weighed in on SGHC shares. Benchmark raised their target price on shares of Super Group (SGHC) from $17.00 to $18.00 and gave the stock a "buy" rating in a research note on Tuesday, February 24th. Weiss Ratings raised shares of Super Group (SGHC) from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday, May 18th. Citigroup reaffirmed an "outperform" rating on shares of Super Group (SGHC) in a research note on Wednesday, May 20th. Wall Street Zen raised Super Group (SGHC) from a "hold" rating to a "buy" rating in a research note on Saturday, May 16th. Finally, Zacks Research downgraded Super Group (SGHC) from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 27th. Seven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, Super Group (SGHC) presently has an average rating of "Moderate Buy" and a consensus target price of $17.57.
Read Our Latest Stock Report on Super Group (SGHC)
Institutional Trading of Super Group (SGHC)
Several institutional investors have recently added to or reduced their stakes in SGHC. CIBC Private Wealth Group LLC acquired a new position in Super Group (SGHC) in the 4th quarter valued at about $28,000. SBI Securities Co. Ltd. grew its stake in shares of Super Group (SGHC) by 67,900.0% in the third quarter. SBI Securities Co. Ltd. now owns 2,720 shares of the company's stock worth $36,000 after acquiring an additional 2,716 shares in the last quarter. Independent Financial Group LLC acquired a new position in shares of Super Group (SGHC) in the first quarter worth $114,000. Wealthspire Advisors LLC acquired a new position in shares of Super Group (SGHC) in the fourth quarter worth $120,000. Finally, Teza Capital Management LLC acquired a new position in shares of Super Group (SGHC) in the second quarter worth $121,000. Institutional investors and hedge funds own 5.09% of the company's stock.
Super Group (SGHC) Company Profile
(
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.
Further Reading
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