Super Group (NYSE:SGHC) Stock Price Down 2.9%

Shares of Super Group Limited (NYSE:SGHC) traded down 2.9% on Tuesday . The stock traded as low as $3.29 and last traded at $3.30. 60,223 shares were traded during mid-day trading, a decline of 82% from the average session volume of 327,363 shares. The stock had previously closed at $3.40.

Analyst Ratings Changes

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

Super Group Trading Up 1.9 %

The business’s fifty day simple moving average is $3.28 and its 200 day simple moving average is $3.30.

Institutional Trading of Super Group

A number of institutional investors have recently bought and sold shares of SGHC. BlackRock Inc. acquired a new position in shares of Super Group in the 2nd quarter valued at $18,864,000. Millennium Management LLC grew its holdings in shares of Super Group by 122.1% in the 2nd quarter. Millennium Management LLC now owns 1,959,458 shares of the company’s stock valued at $8,034,000 after buying an additional 1,077,285 shares during the period. State Street Corp acquired a new position in shares of Super Group in the 2nd quarter valued at $5,441,000. Geode Capital Management LLC acquired a new position in shares of Super Group in the 2nd quarter valued at $3,748,000. Finally, Northern Trust Corp acquired a new position in shares of Super Group in the 2nd quarter valued at $2,657,000. Institutional investors and hedge funds own 5.09% of the company’s stock.

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.