Thompson Siegel & Walmsley LLC Makes New $661,000 Investment in Super Group (SGHC) Limited $SGHC

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

Other institutional investors also recently modified their holdings of the company. SBI Securities Co. Ltd. lifted its holdings in shares of Super Group (SGHC) by 67,900.0% in the third quarter. SBI Securities Co. Ltd. now owns 2,720 shares of the company’s stock valued at $36,000 after purchasing an additional 2,716 shares in the last quarter. Teza Capital Management LLC bought a new stake in shares of Super Group (SGHC) in the second quarter valued at about $121,000. PNC Financial Services Group Inc. lifted its holdings in shares of Super Group (SGHC) by 7,056.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 11,594 shares of the company’s stock valued at $139,000 after purchasing an additional 11,432 shares in the last quarter. Landscape Capital Management L.L.C. bought a new stake in shares of Super Group (SGHC) in the third quarter valued at about $141,000. Finally, Vanguard Personalized Indexing Management LLC bought a new stake in shares of Super Group (SGHC) in the third quarter valued at about $144,000. 5.09% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

SGHC has been the topic of a number of research reports. Weiss Ratings upgraded Super Group (SGHC) from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 18th. BTIG Research restated a “buy” rating and issued a $16.00 price target on shares of Super Group (SGHC) in a report on Thursday, April 16th. Zacks Research lowered Super Group (SGHC) from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Citigroup restated an “outperform” rating on shares of Super Group (SGHC) in a report on Wednesday, May 20th. Finally, Benchmark boosted their price target on Super Group (SGHC) from $17.00 to $18.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $17.57.

Super Group (SGHC) Price Performance

NYSE:SGHC opened at $12.69 on Wednesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.61 and a current ratio of 1.61. The stock’s 50-day simple moving average is $12.02 and its 200 day simple moving average is $11.19. The company has a market cap 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.

Super Group (SGHC) (NYSE:SGHC) last released its earnings results on Saturday, April 18th. The company reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $578.00 million for the quarter. Super Group (SGHC) had a return on equity of 42.85% and a net margin of 10.58%. As a group, sell-side analysts forecast that Super Group will post 0.8 EPS for the current fiscal year.

Insider Buying and Selling

In related news, General Counsel Martine Nathan sold 4,761 shares of Super Group (SGHC) stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $10.71, for a total value of $50,990.31. Following the sale, the general counsel owned 30,172 shares of the company’s stock, valued at approximately $323,142.12. The trade was a 13.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 Super Group (SGHC) stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $10.71, for a total value of $841,056.30. Following the completion of the sale, the chief executive officer directly owned 676,334 shares in the company, valued at approximately $7,243,537.14. This represents a 10.40% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 260,623 shares of company stock worth $3,026,995 in the last three months. Insiders own 10.41% of the company’s stock.

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.