Thompson Siegel & Walmsley LLC Purchases New Position in Super Group (SGHC) Limited $SGHC

Thompson Siegel & Walmsley LLC purchased a new stake in Super Group (SGHC) Limited (NYSE:SGHC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 55,347 shares of the company’s stock, valued at approximately $661,000.

Other institutional investors have also bought and sold shares of the company. SBI Securities Co. Ltd. boosted its stake in Super Group (SGHC) by 67,900.0% in the 3rd quarter. SBI Securities Co. Ltd. now owns 2,720 shares of the company’s stock valued at $36,000 after buying an additional 2,716 shares in the last quarter. Teza Capital Management LLC acquired a new stake in Super Group (SGHC) in the 2nd quarter valued at $121,000. PNC Financial Services Group Inc. boosted its stake in Super Group (SGHC) by 7,056.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 11,594 shares of the company’s stock valued at $139,000 after buying an additional 11,432 shares in the last quarter. Landscape Capital Management L.L.C. acquired a new stake in Super Group (SGHC) in the 3rd quarter valued at $141,000. Finally, Vanguard Personalized Indexing Management LLC acquired a new stake in Super Group (SGHC) in the 3rd quarter valued at $144,000. Institutional investors and hedge funds own 5.09% of the company’s stock.

Super Group (SGHC) Stock Down 2.5%

NYSE SGHC opened at $12.69 on Wednesday. The stock has a fifty day moving average of $12.02 and a 200-day moving average of $11.19. The stock has a market capitalization of $6.42 billion, a P/E ratio of 26.26 and a beta of 1.08. 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 released its earnings results on Saturday, April 18th. The company reported $0.13 EPS 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 during the quarter. On average, equities research analysts forecast that Super Group will post 0.8 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently commented on SGHC. Benchmark boosted their price target on Super Group (SGHC) from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Citizens Jmp raised their price target 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. Zacks Research cut Super Group (SGHC) from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. 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 issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $17.57.

Insider Buying and Selling

In related news, General Counsel Martine Nathan sold 4,761 shares of the stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $10.71, for a total value of $50,990.31. Following the sale, the general counsel directly owned 30,172 shares in the company, valued at $323,142.12. This trade represents a 13.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Neal Menashe sold 78,530 shares of the stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $10.71, for a total transaction of $841,056.30. Following the completion of the sale, the chief executive officer owned 676,334 shares in the company, valued at $7,243,537.14. This represents a 10.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 260,623 shares of company stock valued at $3,026,995 in the last three months. 10.41% of the stock is currently owned by company insiders.

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.