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Anson Funds Management LP Cuts Stock Holdings in Super Group Limited (NYSE:SGHC)

Super Group logo with Consumer Discretionary background

Anson Funds Management LP lowered its position in shares of Super Group Limited (NYSE:SGHC - Free Report) by 57.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 569,401 shares of the company's stock after selling 767,103 shares during the period. Anson Funds Management LP owned 0.11% of Super Group worth $2,067,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in SGHC. Caprock Group LLC boosted its holdings in Super Group by 2.8% in the 3rd quarter. Caprock Group LLC now owns 71,933 shares of the company's stock valued at $261,000 after purchasing an additional 1,959 shares during the period. HighTower Advisors LLC grew its position in Super Group by 22.7% during the third quarter. HighTower Advisors LLC now owns 21,576 shares of the company's stock worth $78,000 after buying an additional 3,993 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Super Group by 13.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 39,112 shares of the company's stock worth $135,000 after acquiring an additional 4,715 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of Super Group by 10.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 54,572 shares of the company's stock valued at $176,000 after acquiring an additional 5,005 shares during the period. Finally, Algert Global LLC grew its holdings in shares of Super Group by 54.5% during the 2nd quarter. Algert Global LLC now owns 19,036 shares of the company's stock worth $61,000 after purchasing an additional 6,711 shares in the last quarter. Institutional investors own 5.09% of the company's stock.

Analyst Ratings Changes

A number of research firms recently commented on SGHC. Benchmark boosted their price target on Super Group from $5.00 to $6.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. Needham & Company LLC upped their price target on shares of Super Group from $6.00 to $7.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. Finally, Oppenheimer upgraded shares of Super Group from a "market perform" rating to an "outperform" rating and set a $6.00 price target on the stock in a research report on Thursday, November 7th.

Read Our Latest Report on SGHC

Super Group Price Performance

Shares of SGHC stock traded up $0.08 on Friday, hitting $6.95. 485,704 shares of the company's stock were exchanged, compared to its average volume of 740,983. The stock has a market cap of $3.46 billion, a P/E ratio of 115.85 and a beta of 0.95. Super Group Limited has a 12 month low of $2.63 and a 12 month high of $7.01. The company has a 50 day moving average of $4.96 and a 200 day moving average of $3.98.

Super Group Company Profile

(Free Report)

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. Super Group (SGHC) Limited is based in Saint Peter Port, Guernsey.

See Also

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

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