Super Group (SGHC) (NYSE:SGHC) CFO Wyk Alinda Van Sells 78,837 Shares of Stock

Super Group (SGHC) Limited (NYSE:SGHC) CFO Wyk Alinda Van sold 78,837 shares of Super Group (SGHC) stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $13.70, for a total value of $1,080,066.90. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Wyk Alinda Van also recently made the following trade(s):

• On Wednesday, April 8th, Wyk Alinda Van sold 51,104 shares of Super Group (SGHC) stock. The shares were sold at an average price of $10.71, for a total value of $547,323.84.

Super Group (SGHC) Stock Down 4.2%

Shares of NYSE SGHC opened at $12.94 on Wednesday. The stock has a market cap of $6.55 billion, a PE ratio of 26.79 and a beta of 1.11. The business has a fifty day moving average of $11.84 and a two-hundred day moving average of $11.17. Super Group has a 52-week low of $8.46 and a 52-week high of $14.38. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.61 and a current ratio of 1.61.

Super Group (SGHC) (NYSE:SGHC) last issued its quarterly earnings data on Saturday, April 18th. The company reported $0.13 earnings per share (EPS) for the quarter. The company had revenue of $578.00 million during the quarter. Super Group (SGHC) had a return on equity of 42.85% and a net margin of 10.58%. As a group, equities research analysts expect that Super Group will post 0.8 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on SGHC shares. Zacks Research cut Super Group (SGHC) from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. BTIG Research reaffirmed a “buy” rating and issued a $16.00 price target on shares of Super Group (SGHC) in a report on Thursday, April 16th. Weiss Ratings raised Super Group (SGHC) from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 18th. Wall Street Zen raised Super Group (SGHC) from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Super Group (SGHC) in a report on Wednesday, May 20th. Seven 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, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $17.57.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Segall Bryant & Hamill LLC acquired a new stake in Super Group (SGHC) in the first quarter worth about $2,662,000. Bank of America Corp DE increased its position in Super Group (SGHC) by 172.5% in the first quarter. Bank of America Corp DE now owns 1,158,102 shares of the company’s stock worth $12,508,000 after purchasing an additional 733,073 shares during the period. Anson Funds Management LP increased its position in 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 purchasing an additional 276,214 shares during the period. Quantinno Capital Management LP increased its position in Super Group (SGHC) by 579.3% in the first quarter. Quantinno Capital Management LP now owns 111,764 shares of the company’s stock worth $1,207,000 after purchasing an additional 95,311 shares during the period. Finally, Gabelli Funds LLC increased its position in Super Group (SGHC) by 9.0% in the first quarter. Gabelli Funds LLC now owns 73,000 shares of the company’s stock worth $788,000 after purchasing an additional 6,000 shares during the period. 5.09% of the stock is owned by institutional investors.

About Super Group (SGHC)

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.