Kirsty Farrah Ross Sells 40,000 Shares of Super Group (SGHC) (NYSE:SGHC) Stock

Super Group (SGHC) Limited (NYSE:SGHC) COO Kirsty Farrah Ross sold 40,000 shares of the business’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $14.00, for a total value of $560,000.00. Following the completion of the transaction, the chief operating officer directly owned 48,261 shares of the company’s stock, valued at approximately $675,654. This trade represents a 45.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Kirsty Farrah Ross also recently made the following trade(s):

• On Friday, July 31st, Kirsty Farrah Ross sold 54,551 shares of Super Group (SGHC) stock. The stock was sold at an average price of $13.97, for a total value of $762,077.47.

Super Group (SGHC) Stock Performance

Super Group (SGHC) stock traded down $0.07 during midday trading on Tuesday, hitting $13.47. 2,680,431 shares of the company were exchanged, compared to its average volume of 3,000,171. The firm has a market capitalization of $6.81 billion, a PE ratio of 18.63 and a beta of 1.06. Super Group has a fifty-two week low of $8.46 and a fifty-two week high of $15.86. The business has a fifty day simple moving average of $14.02 and a two-hundred day simple moving average of $12.53. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.83 and a current ratio of 1.83.

Super Group (SGHC) (NYSE:SGHC) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.01). Super Group (SGHC) had a net margin of 15.22% and a return on equity of 47.37%. The company had revenue of $684.00 million for the quarter, compared to analysts’ expectations of $659.90 million. On average, sell-side analysts forecast that Super Group will post 0.8 earnings per share for the current year.

Super Group (SGHC) Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, June 23rd. Super Group (SGHC)’s payout ratio is 27.78%.

Analyst Ratings Changes

SGHC has been the topic of a number of recent analyst reports. Benchmark increased their price target on shares of Super Group (SGHC) from $19.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Wall Street Zen upgraded shares of Super Group (SGHC) from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Citizens Jmp reissued a “market outperform” rating and set a $19.00 target price on shares of Super Group (SGHC) in a research note on Monday. Needham & Company LLC raised their target price on Super Group (SGHC) from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, Citigroup restated an “outperform” rating on shares of Super Group (SGHC) in a research report on Wednesday, July 8th. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Super Group (SGHC) currently has a consensus rating of “Moderate Buy” and an average price target of $18.71.

Institutional Trading of Super Group (SGHC)

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

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.