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

Super Group (SGHC) Limited (NYSE:SGHC) COO Kirsty Farrah Ross sold 25,356 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $13.00, for a total value of $329,628.00. Following the transaction, the chief operating officer directly owned 27,000 shares in the company, valued at approximately $351,000. This represents a 48.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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) Stock Performance

NYSE SGHC opened at $13.05 on Friday. 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. The business’s 50-day moving average price is $12.14 and its 200 day moving average price is $11.20. The firm has a market cap of $6.60 billion, a P/E ratio of 27.01 and a beta of 1.08.

Super Group (SGHC) (NYSE:SGHC) last announced its quarterly earnings data 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 company had revenue of $578.00 million for the quarter. On average, equities research analysts expect that Super Group will post 0.8 earnings per share for the current year.

Institutional Investors Weigh In On Super Group (SGHC)

A number of hedge funds and other institutional investors have recently modified their holdings of SGHC. AQR Capital Management LLC lifted its position in shares of Super Group (SGHC) by 235.3% during the 1st quarter. AQR Capital Management LLC now owns 167,969 shares of the company’s stock valued at $1,082,000 after acquiring an additional 117,869 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Super Group (SGHC) by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 89,062 shares of the company’s stock valued at $574,000 after acquiring an additional 3,783 shares during the period. Millennium Management LLC lifted its position in shares of Super Group (SGHC) by 127.2% during the 1st quarter. Millennium Management LLC now owns 2,737,329 shares of the company’s stock valued at $17,628,000 after acquiring an additional 1,532,666 shares during the period. Jane Street Group LLC acquired a new stake in shares of Super Group (SGHC) during the 1st quarter valued at approximately $1,523,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Super Group (SGHC) by 30.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 722,660 shares of the company’s stock valued at $7,928,000 after acquiring an additional 168,622 shares during the period. 5.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. BTIG Research reaffirmed a “buy” rating and issued a $16.00 price objective on shares of Super Group (SGHC) in a report on Thursday, April 16th. Wall Street Zen raised Super Group (SGHC) from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Zacks Research lowered Super Group (SGHC) from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Citizens Jmp lifted their price objective on Super Group (SGHC) from $16.00 to $17.00 and gave the company a “market outperform” rating in a report on Wednesday, May 20th. 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 given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $17.57.

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.