-limited-logo-1200x675.png?v=20220228095611)
Super Group (SGHC) Limited (NYSE:SGHC - Get Free Report) CFO Wyk Alinda Van sold 22,644 shares of Super Group (SGHC) 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 $316,336.68. Following the completion of the sale, the chief financial officer owned 27,566 shares of the company's stock, valued at $385,097.02. This represents a 45.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Wyk Alinda Van also recently made the following trade(s):
- On Tuesday, May 19th, Wyk Alinda Van sold 78,837 shares of Super Group (SGHC) stock. The shares were sold at an average price of $13.70, for a total transaction of $1,080,066.90.
Super Group (SGHC) Stock Down 1.8%
Shares of Super Group (SGHC) stock opened at $13.74 on Tuesday. The company has a market cap of $6.95 billion, a price-to-earnings ratio of 28.46 and a beta of 1.06. The company's 50 day moving average is $13.96 and its 200 day moving average is $12.00. Super Group has a twelve month low of $8.46 and a twelve month high of $15.86. 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 posted its earnings results on Monday, May 11th. The company reported $0.17 EPS for the quarter, hitting analysts' consensus estimates of $0.17. Super Group (SGHC) had a net margin of 10.58% and a return on equity of 42.85%. The business had revenue of $612.00 million during the quarter, compared to the consensus estimate of $584.75 million. Research analysts anticipate that Super Group will post 0.8 EPS for the current year.
Super Group (SGHC) Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Tuesday, June 23rd. Super Group (SGHC)'s dividend payout ratio (DPR) is 41.67%.
Analysts Set New Price Targets
SGHC has been the subject of a number of research reports. Citigroup reiterated an "outperform" rating on shares of Super Group (SGHC) in a research report on Wednesday, July 8th. BTIG Research boosted their price target on Super Group (SGHC) from $16.00 to $19.00 and gave the company a "buy" rating in a research note on Friday, July 17th. Weiss Ratings raised shares of Super Group (SGHC) from a "hold (c)" rating to a "hold (c+)" rating in a research report on Monday, May 18th. 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. Finally, Zacks Research downgraded shares of Super Group (SGHC) from a "strong-buy" rating to a "hold" rating in a report on Monday, April 27th. Seven analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $18.43.
Read Our Latest Research Report on Super Group (SGHC)
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the stock. Ninety One UK Ltd purchased a new stake in Super Group (SGHC) in the 4th quarter worth $4,987,000. Massachusetts Financial Services Co. MA bought a new stake in Super Group (SGHC) during the fourth quarter valued at about $1,509,000. Norges Bank purchased a new position in shares of Super Group (SGHC) in the fourth quarter valued at about $23,791,000. Prospect Capital Advisors LLC lifted its position in shares of Super Group (SGHC) by 42.9% in the first quarter. Prospect Capital Advisors LLC now owns 1,042,100 shares of the company's stock valued at $11,255,000 after acquiring an additional 313,100 shares in the last quarter. Finally, Anson Funds Management LP boosted its stake in shares of Super Group (SGHC) by 108.3% in the first quarter. Anson Funds Management LP now owns 531,214 shares of the company's stock worth $5,737,000 after acquiring an additional 276,214 shares during the period. Institutional investors 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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
