SGC CEO Michael Benstock Sells Shares Amid Institutional Moves
CEO Michael Benstock sold over 59,000 SGC shares, while major funds adjusted their positions.
Key Points
- On June 18, 2026, SGC's CEO Michael Benstock sold 59,132 shares in an unplanned transaction.
- SGC shares traded near $12.07 on Monday, with analysts maintaining a positive outlook on the stock.
- BlackRock increased its holdings by 56,141 shares, and Vanguard Capital Management opened a new position in SGC.
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On June 18, 2026, Michael Benstock, CEO of SGC, sold 59,132 shares of the company. This transaction was not part of a pre-arranged plan. The sale comes as several major institutional investors also adjusted their positions in SGC.
Other Institutional Activity in SGC
Among the notable institutional moves, BlackRock, Inc. increased its stake in SGC by 56,141 shares, bringing its total to 860,800 shares valued at approximately $8.75 million. Vanguard Capital Management LLC opened a new position with 558,228 shares worth about $5.67 million. North Star Investment Management Corp. added 42,500 shares, ending with 537,475 shares valued at $5.46 million, marking an 8.6% increase. Meanwhile, Dimensional Fund Advisors LP reduced its holdings by 1,616 shares to 916,569 shares, valued at around $9.31 million.
Superior Group of Companies, Inc. Stock Down 0.9%
Shares of SGC traded near $12.07 on Monday. The company's stock has a 52-week low of $10.00 and a high of $14.50. The 50-day moving average is $11.50, and the 200-day moving average is $12.00. These metrics provide a glimpse into the stock's recent performance and volatility.
$SGC stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Superior Group of Companies, Inc.
In addition to Michael Benstock's sale, other insider activities have taken place. Dominic Leide, President of The Office Gurus, bought 19,135 shares at $11.75 each on May 14, 2026, and sold 9,320 shares on the same day. On May 7, 2026, Jordan Alpert, Chief Legal Officer & Secretary, purchased 10,000 shares, as did Paul Mellini and Loreen Spencer, each acquiring 10,000 and 9,583 shares, respectively.
Analysts Set New Price Targets
Analysts remain optimistic about SGC. On May 5, 2026, DA Davidson maintained a 'buy' rating with a price target of $15.00. This reflects continued confidence in the company's future performance among analysts.
About SGC
SGC operates in the apparel industry, focusing on uniform and corporate identity apparel. The company, headquartered in Seminole, Florida, provides a variety of uniform solutions to businesses across different sectors. With a commitment to quality and customer service, SGC serves clients both domestically and internationally.
Bottom Line
Michael Benstock's recent sale of SGC shares highlights ongoing changes in insider ownership. Meanwhile, institutional investors like BlackRock and Vanguard are actively adjusting their stakes, signaling varied strategic interests. Investors keep a close eye on these moves, as they can offer insights into the company's future prospects. Remember, 13F filings and insider transactions are backward-looking and may not reflect current positions.
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