Centiva Capital LP bought a new stake in Gambling.com Group Limited (NASDAQ:GAMB - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 19,485 shares of the company's stock, valued at approximately $274,000. Centiva Capital LP owned about 0.05% of Gambling.com Group at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the stock. BNP Paribas Financial Markets acquired a new position in Gambling.com Group in the fourth quarter valued at about $1,337,000. Ameriprise Financial Inc. lifted its position in shares of Gambling.com Group by 1.7% during the fourth quarter. Ameriprise Financial Inc. now owns 120,007 shares of the company's stock worth $1,690,000 after purchasing an additional 2,017 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Gambling.com Group by 119.4% during the fourth quarter. Jane Street Group LLC now owns 41,291 shares of the company's stock worth $581,000 after purchasing an additional 22,471 shares in the last quarter. AdvisorShares Investments LLC acquired a new stake in shares of Gambling.com Group during the fourth quarter worth about $387,000. Finally, Northern Trust Corp lifted its position in shares of Gambling.com Group by 0.9% during the fourth quarter. Northern Trust Corp now owns 109,928 shares of the company's stock worth $1,548,000 after purchasing an additional 1,003 shares in the last quarter. Institutional investors and hedge funds own 72.26% of the company's stock.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on GAMB. Macquarie increased their price target on shares of Gambling.com Group from $18.00 to $19.00 and gave the stock an "outperform" rating in a research report on Friday, March 21st. Cantor Fitzgerald began coverage on shares of Gambling.com Group in a research report on Wednesday, March 5th. They set an "overweight" rating and a $20.00 price target on the stock. Truist Financial reduced their price target on shares of Gambling.com Group from $18.00 to $17.00 and set a "buy" rating on the stock in a research report on Wednesday, April 23rd. Finally, Benchmark reissued a "buy" rating and set a $18.00 price target on shares of Gambling.com Group in a research report on Thursday, February 20th. Eight analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $18.25.
Check Out Our Latest Stock Analysis on Gambling.com Group
Gambling.com Group Stock Down 0.7%
Gambling.com Group stock traded down $0.09 during mid-day trading on Friday, hitting $12.43. The company had a trading volume of 844,031 shares, compared to its average volume of 280,526. The stock has a market cap of $432.10 million, a price-to-earnings ratio of 15.94 and a beta of 1.04. Gambling.com Group Limited has a 1 year low of $7.52 and a 1 year high of $17.14. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.20. The business has a fifty day moving average of $12.67 and a 200 day moving average of $13.37.
Gambling.com Group (NASDAQ:GAMB - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.25 by $0.21. Gambling.com Group had a net margin of 23.40% and a return on equity of 25.06%. On average, sell-side analysts expect that Gambling.com Group Limited will post 0.88 earnings per share for the current fiscal year.
About Gambling.com Group
(
Free Report)
Gambling.com Group Limited operates as a performance marketing company for the online gambling industry worldwide. It provides digital marketing services for the iGaming and social casino products. The company's focus is on online casino, online sports betting, and fantasy sports industry. It publishes various branded websites, including Gambling.com, Casinos.com, RotoWire.com, and Bookies.com.
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