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Credit Industriel ET Commercial Buys New Holdings in GAN Limited (NASDAQ:GAN)

GAN logo with Computer and Technology background

Credit Industriel ET Commercial acquired a new position in GAN Limited (NASDAQ:GAN - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 554,609 shares of the company's stock, valued at approximately $1,009,000. Credit Industriel ET Commercial owned approximately 1.22% of GAN as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC boosted its holdings in shares of GAN by 2.2% in the 3rd quarter. Geode Capital Management LLC now owns 436,926 shares of the company's stock valued at $774,000 after buying an additional 9,260 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of GAN in the 4th quarter worth $36,000. AssuredPartners Investment Advisors LLC purchased a new position in GAN during the 4th quarter worth $62,000. Ridgewood Investments LLC acquired a new position in GAN during the 4th quarter valued at about $95,000. Finally, Rangeley Capital LLC purchased a new stake in GAN in the fourth quarter valued at about $182,000. 16.67% of the stock is currently owned by hedge funds and other institutional investors.

GAN Price Performance

NASDAQ GAN traded up $0.04 during trading on Tuesday, hitting $1.81. The company's stock had a trading volume of 31,273 shares, compared to its average volume of 177,765. GAN Limited has a fifty-two week low of $1.17 and a fifty-two week high of $1.90. The company has a market cap of $82.66 million, a PE ratio of -6.03 and a beta of 1.88. The business's 50 day simple moving average is $1.75 and its 200-day simple moving average is $1.80.

GAN (NASDAQ:GAN - Get Free Report) last released its earnings results on Monday, March 17th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.01). The business had revenue of $31.69 million for the quarter, compared to the consensus estimate of $41.11 million. During the same quarter in the previous year, the company posted ($0.21) earnings per share.

About GAN

(Free Report)

GAN Limited operates as a business-to-business (B2B) supplier of enterprise software-as-a-service solutions to online casino gaming and sports betting applications in the United States, Europe, Latin America, and internationally. It operates through two segments: B2B and B2C. The company provides and licenses GameSTACK, an internet gaming platform that provides turnkey technology solution for regulated real-money internet gambling, online sports betting, and virtual simulated gaming.

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Institutional Ownership by Quarter for GAN (NASDAQ:GAN)

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