Super League Enterprise (NASDAQ:SLE) Price Target Cut to $3.00 by Analysts at Maxim Group

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

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

Super League Enterprise Stock Down 6.3 %

Shares of SLE stock opened at $0.91 on Monday. The firm has a 50 day moving average price of $0.97 and a two-hundred day moving average price of $1.18. The company has a market capitalization of $9.62 million, a PE ratio of -0.15 and a beta of 1.96. Super League Enterprise has a 12-month low of $0.50 and a 12-month high of $2.84.

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

Insider Transactions at Super League Enterprise

In other Super League Enterprise news, Director Jeff Patrick Gehl bought 50,000 shares of the stock in a transaction dated Thursday, July 18th. The shares were bought at an average cost of $1.11 per share, with a total value of $55,500.00. Following the completion of the acquisition, the director now owns 106,547 shares of the company’s stock, valued at $118,267.17. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 5.40% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Super League Enterprise stock. Murchinson Ltd. acquired a new stake in Super League Enterprise, Inc. (NASDAQ:SLE) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 250,000 shares of the company’s stock, valued at approximately $538,000. Murchinson Ltd. owned about 3.84% of Super League Enterprise at the end of the most recent reporting period. Institutional investors and hedge funds own 2.06% of the company’s stock.

Super League Enterprise Company Profile

Super League Enterprise, Inc builds and operates networks of games, monetization tools, and content channels across metaverse gaming platforms that empower developers, energize players, and entertain fans. The company's solutions provide access to an audience consisting of players in the metaverse environments, fans of various gaming influencers, and viewers of gameplay content across social media and digital video platforms.