Super League Enterprise (NASDAQ:SLE) Given New $3.00 Price Target at Maxim Group

Super League Enterprise (NASDAQ:SLE) had its target price trimmed by Maxim Group from $4.00 to $3.00 in a research note published on Monday, Benzinga reports. The firm currently has a buy rating on the stock.

Separately, HC Wainwright reiterated a “buy” rating and set a $3.00 price target on shares of Super League Enterprise in a research report on Wednesday, October 2nd.

Super League Enterprise Stock Down 2.6 %

Shares of NASDAQ SLE opened at $0.88 on Monday. The stock’s 50 day moving average price is $0.96 and its two-hundred day moving average price is $1.16. Super League Enterprise has a 52-week low of $0.50 and a 52-week high of $2.84. The stock has a market capitalization of $9.32 million, a P/E ratio of -0.15 and a beta of 1.96.

Super League Enterprise (NASDAQ:SLE) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.60) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.62) by $0.02. Super League Enterprise had a negative return on equity of 254.70% and a negative net margin of 95.78%. The firm had revenue of $4.12 million for the quarter, compared to analysts’ expectations of $5.41 million. On average, analysts anticipate that Super League Enterprise will post -1.3 EPS for the current year.

Insider Transactions at Super League Enterprise

In related news, Director Jeff Patrick Gehl purchased 25,000 shares of the company’s stock in a transaction dated Tuesday, July 23rd. The shares were acquired at an average cost of $1.37 per share, for a total transaction of $34,250.00. Following the transaction, the director now owns 131,547 shares of the company’s stock, valued at $180,219.39. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 5.40% of the company’s stock.

Hedge Funds Weigh In On Super League Enterprise

An institutional investor recently bought a new position in Super League Enterprise stock. Murchinson Ltd. purchased a new stake in shares of Super League Enterprise, Inc. (NASDAQ:SLE) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 250,000 shares of the company’s stock, valued at approximately $538,000. Murchinson Ltd. owned approximately 3.84% of Super League Enterprise as of its most recent filing with the SEC. 2.06% of the stock is owned by institutional investors and hedge funds.

Super League Enterprise Company Profile

Super League Enterprise, Inc creates and publishes content and media solutions across immersive platforms in the United States and internationally. The company offers access to audiences who gather in immersive digital spaces to socialize, play, explore, collaborate, shop, learn, and create. It also provides a range of development, distribution, monetization, and optimization capabilities designed to engage users through dynamic and energized programs.