SG Americas Securities LLC Purchases 13,928 Shares of Super Group Limited (NYSE:SGHC)

SG Americas Securities LLC increased its position in shares of Super Group Limited (NYSE:SGHC) by 78.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 31,640 shares of the company’s stock after buying an additional 13,928 shares during the period. SG Americas Securities LLC’s holdings in Super Group were worth $100,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SGHC. Penserra Capital Management LLC acquired a new position in Super Group in the first quarter valued at approximately $60,000. Goldman Sachs Group Inc. bought a new position in Super Group during the first quarter worth $433,000. Toroso Investments LLC acquired a new stake in Super Group in the first quarter worth $175,000. Neuberger Berman Group LLC bought a new stake in Super Group in the first quarter valued at $137,000. Finally, LPL Financial LLC acquired a new position in shares of Super Group during the second quarter valued at about $47,000. Institutional investors and hedge funds own 5.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC upped their price target on Super Group from $5.00 to $6.00 and gave the stock a “buy” rating in a research note on Thursday, March 7th.

Super Group Trading Up 1.6 %

SGHC stock opened at $3.10 on Friday. The business has a 50-day simple moving average of $3.31 and a two-hundred day simple moving average of $3.26. Super Group Limited has a 52-week low of $2.63 and a 52-week high of $4.00.

Super Group Company Profile

Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. The company is based in Saint Peter Port, Guernsey.