Super Group (SGHC) (NYSE:SGHC) CFO Sells $547,323.84 in Stock

Super Group (SGHC) Limited (NYSE:SGHC) CFO Wyk Alinda Van sold 51,104 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $10.71, for a total transaction of $547,323.84. Following the transaction, the chief financial officer directly owned 78,837 shares in the company, valued at $844,344.27. The trade was a 39.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Super Group (SGHC) Stock Up 0.1%

SGHC opened at $10.24 on Monday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.75 and a quick ratio of 1.75. The company’s 50-day moving average is $10.22 and its 200 day moving average is $11.15. Super Group has a fifty-two week low of $6.72 and a fifty-two week high of $14.38. The firm has a market capitalization of $5.16 billion, a P/E ratio of 23.82 and a beta of 1.05.

Super Group (SGHC) Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.0%. This is a boost from Super Group (SGHC)’s previous quarterly dividend of $0.04. The ex-dividend date was Monday, March 16th. Super Group (SGHC)’s dividend payout ratio is 46.51%.

Analyst Ratings Changes

Several brokerages have commented on SGHC. Benchmark lifted their price objective on shares of Super Group (SGHC) from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Group (SGHC) in a research report on Tuesday, January 27th. BTIG Research lowered their price objective on shares of Super Group (SGHC) from $19.00 to $16.00 and set a “buy” rating on the stock in a research report on Tuesday, February 24th. Wall Street Zen lowered shares of Super Group (SGHC) from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 12th. Finally, Zacks Research raised shares of Super Group (SGHC) from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 25th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Super Group (SGHC) has an average rating of “Buy” and a consensus target price of $16.75.

More Super Group (SGHC) News

Here are the key news stories impacting Super Group (SGHC) this week:

• Neutral Sentiment: Multiple senior insiders sold shares to cover tax withholding on vested awards — CEO Neal Menashe (78,530 shares), CFO Wyk Alinda Van (51,104), Kirsty Farrah Ross (47,391) and General Counsel Martine Nathan (4,761). These are sizable, disclosed Form 4 sales; company statements cite tax obligations rather than cashing out for other reasons. SEC filings: CEO Form 4 CFO Form 4 K. Farrah Ross Form 4 GC Form 4
• Neutral Sentiment: Kalkine examined why shares moved (mentions the exec sales and a dividend-change item), providing context that market participants cited both insider activity and a dividend discussion as triggers for intraday movement. Why Did Super Group Shares Move?
• Negative Sentiment: Sector weakness: Super Group was called out as falling alongside NYSE composite gaming stocks, a broader industry pullback that weighed on the stock independent of company-specific fundamentals. SGHC Falls as Gaming Stocks Slip
• Negative Sentiment: Market write‑ups flagged the stock sliding while the broader market rose, suggesting relative underperformance and negative investor sentiment following the combination of sector softness and the reported insider sales. Zacks: SGHC Slides

Institutional Trading of Super Group (SGHC)

Hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC increased its stake in shares of Super Group (SGHC) by 235.3% in the first quarter. AQR Capital Management LLC now owns 167,969 shares of the company’s stock worth $1,082,000 after purchasing an additional 117,869 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Super Group (SGHC) by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 89,062 shares of the company’s stock worth $574,000 after purchasing an additional 3,783 shares in the last quarter. Millennium Management LLC increased its stake in shares of Super Group (SGHC) by 127.2% in the first quarter. Millennium Management LLC now owns 2,737,329 shares of the company’s stock worth $17,628,000 after purchasing an additional 1,532,666 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Super Group (SGHC) in the first quarter worth about $1,523,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Super Group (SGHC) by 30.4% in the second quarter. JPMorgan Chase & Co. now owns 722,660 shares of the company’s stock worth $7,928,000 after purchasing an additional 168,622 shares in the last quarter. Institutional investors own 5.09% 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.