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JPMorgan Chase & Co. Has $885,000 Stake in Super Group (SGHC) Limited $SGHC

Super Group (SGHC) logo with Consumer Discretionary background
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Key Points

  • JPMorgan Chase & Co. trimmed its position by 90.7% in Super Group (SGHC) during Q3, selling 655,593 shares and leaving 67,067 shares valued at about $885,000 per its SEC filing.
  • Multiple senior insiders sold shares — including CEO Neal Menashe and CFO Wyk Alinda Van — with insiders selling 181,786 shares (~$1.95M) in the last 90 days, reportedly to cover tax withholding on vested awards.
  • Super Group increased its quarterly dividend to $0.05 (annualized $0.20, ~2.0% yield), and the stock has an average analyst target of about $16.75 with a market cap near $5.16 billion.
  • MarketBeat previews top five stocks to own in May.

JPMorgan Chase & Co. trimmed its position in shares of Super Group (SGHC) Limited (NYSE:SGHC - Free Report) by 90.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 67,067 shares of the company's stock after selling 655,593 shares during the quarter. JPMorgan Chase & Co.'s holdings in Super Group (SGHC) were worth $885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in SGHC. SBI Securities Co. Ltd. lifted its holdings 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 worth $36,000 after purchasing an additional 2,716 shares during the last quarter. Teza Capital Management LLC acquired a new stake in Super Group (SGHC) in the 2nd quarter worth approximately $121,000. Pacer Advisors Inc. lifted its holdings in Super Group (SGHC) by 78.9% in the 3rd quarter. Pacer Advisors Inc. now owns 10,352 shares of the company's stock worth $137,000 after purchasing an additional 4,567 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new stake in Super Group (SGHC) in the 3rd quarter worth approximately $141,000. Finally, Vanguard Personalized Indexing Management LLC acquired a new stake in Super Group (SGHC) in the 3rd quarter worth approximately $144,000. 5.09% of the stock is currently owned by institutional investors and hedge funds.

Super Group (SGHC) Stock Performance

Shares of NYSE SGHC opened at $10.24 on Friday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.02. The business's 50 day moving average is $10.22 and its two-hundred day moving average is $11.17. The company has a market cap of $5.16 billion, a P/E ratio of 23.82 and a beta of 1.05. Super Group has a 12 month low of $6.72 and a 12 month high of $14.38.

Super Group (SGHC) Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were given a $0.05 dividend. The ex-dividend date of this dividend was Monday, March 16th. This represents a $0.20 annualized dividend and a yield of 2.0%. This is an increase from Super Group (SGHC)'s previous quarterly dividend of $0.04. Super Group (SGHC)'s dividend payout ratio (DPR) is presently 46.51%.

Key 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

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Weiss Ratings restated a "hold (c)" rating on shares of Super Group (SGHC) in a report on Tuesday, January 27th. Wall Street Zen lowered Super Group (SGHC) from a "strong-buy" rating to a "buy" rating in a report on Monday, January 12th. Zacks Research upgraded Super Group (SGHC) from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 25th. BTIG Research reduced their target price on Super Group (SGHC) from $19.00 to $16.00 and set a "buy" rating for the company in a report on Tuesday, February 24th. Finally, Benchmark boosted their target price on Super Group (SGHC) from $17.00 to $18.00 and gave the stock a "buy" rating in a report on Tuesday, February 24th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Super Group (SGHC) presently has an average rating of "Buy" and an average target price of $16.75.

Get Our Latest Stock Report on Super Group (SGHC)

Insiders Place Their Bets

In other Super Group (SGHC) news, insider Kirsty Farrah Ross sold 47,391 shares of Super Group (SGHC) stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $10.71, for a total value of $507,557.61. Following the transaction, the insider directly owned 96,984 shares of the company's stock, valued at $1,038,698.64. The trade was a 32.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Wyk Alinda Van sold 51,104 shares of Super Group (SGHC) stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $10.71, for a total value of $547,323.84. Following the completion of the transaction, the chief financial officer directly owned 78,837 shares in the company, valued at approximately $844,344.27. This represents a 39.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 181,786 shares of company stock valued at $1,946,928. Corporate insiders own 10.41% of the company's stock.

Super Group (SGHC) Company Profile

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for Super Group (SGHC) (NYSE:SGHC)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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