Dynamic Technology Lab Private Ltd Trims Stock Holdings in Super Group Limited (NYSE:SGHC)

Dynamic Technology Lab Private Ltd trimmed its holdings in Super Group Limited (NYSE:SGHC) by 66.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,609 shares of the company’s stock after selling 32,693 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Super Group were worth $60,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GSA Capital Partners LLP raised its holdings in shares of Super Group by 133.3% in the third quarter. GSA Capital Partners LLP now owns 237,778 shares of the company’s stock worth $863,000 after buying an additional 135,865 shares during the period. Renaissance Technologies LLC raised its holdings in shares of Super Group by 82.1% in the second quarter. Renaissance Technologies LLC now owns 295,600 shares of the company’s stock worth $955,000 after buying an additional 133,300 shares during the period. Helikon Investments Ltd purchased a new stake in shares of Super Group in the third quarter worth approximately $6,431,000. Vanguard Group Inc. raised its holdings in shares of Super Group by 7.8% in the first quarter. Vanguard Group Inc. now owns 859,109 shares of the company’s stock worth $2,964,000 after buying an additional 61,937 shares during the period. Finally, The Manufacturers Life Insurance Company grew its stake in Super Group by 10.1% in the second quarter. The Manufacturers Life Insurance Company now owns 54,572 shares of the company’s stock worth $176,000 after purchasing an additional 5,005 shares in the last quarter. 5.09% of the stock is currently owned by hedge funds and other institutional investors.

Super Group Trading Down 3.8 %

Shares of NYSE SGHC opened at $6.68 on Wednesday. Super Group Limited has a 12-month low of $2.63 and a 12-month high of $6.98. The stock’s fifty day simple moving average is $4.69 and its two-hundred day simple moving average is $3.89. The stock has a market capitalization of $3.32 billion, a PE ratio of 111.35 and a beta of 0.95.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Benchmark increased their price objective on Super Group from $5.00 to $6.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Oppenheimer raised Super Group from a “market perform” rating to an “outperform” rating and set a $6.00 price objective on the stock in a research note on Thursday, November 7th. Finally, Needham & Company LLC increased their price objective on Super Group from $6.00 to $7.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th.

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