Intel stock spikes after report of possible US government stake
Andrew Demott, a director at Superior Group of Companies (NASDAQ:SGC), sold 12,000 shares of common stock on August 11, 2025, at a price of $11.4593, for a total value of $137511. The transaction comes as SGC shares have surged 24% in the past week, though the stock remains below its 52-week high of $18.48. According to InvestingPro analysis, the company has maintained dividend payments for an impressive 49 consecutive years.
According to a Form 4 filing with the Securities and Exchange Commission, the transaction decreased Demott’s direct ownership in Superior Group of Companies. Following the sale, Demott directly owns 202,126 shares, some of which are subject to forfeiture. While this insider sale occurred, InvestingPro data shows management has been actively buying back shares, suggesting confidence in the company’s prospects.
On the same day, Demott also gifted 1,900 shares. These shares had no price, and the total value of the transaction was $0. Based on current market prices of $12.26 per share, the gifted shares are worth approximately $23,294. InvestingPro analysis indicates the stock is currently undervalued, with additional insights available in the comprehensive Pro Research Report, part of the analysis covering 1,400+ US stocks.
In other recent news, Superior Group of Companies reported its financial results for the second quarter of 2025, outperforming analyst expectations. The company achieved an earnings per share (EPS) of $0.10, surpassing the projected $0.08. Revenue also exceeded forecasts, reaching $144 million compared to the anticipated $133 million. These results reflect a positive earnings season for Superior Group. Despite these strong financial figures, the company’s stock experienced a minor decline in aftermarket trading. Analysts had anticipated lower figures, highlighting the company’s ability to surpass market expectations. No recent mergers or acquisitions have been reported for Superior Group. There have been no notable analyst upgrades or downgrades for the company at this time.
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