Gambling.com Group Limited (NASDAQ:GAMB) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its holdings in Gambling.com Group Limited (NASDAQ:GAMB - Free Report) by 12.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 503,426 shares of the company's stock after buying an additional 56,268 shares during the period. Dimensional Fund Advisors LP owned approximately 1.35% of Gambling.com Group worth $7,089,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Marshall Wace LLP lifted its stake in shares of Gambling.com Group by 501.1% during the fourth quarter. Marshall Wace LLP now owns 323,781 shares of the company's stock valued at $4,559,000 after buying an additional 269,916 shares during the period. EAM Investors LLC bought a new stake in Gambling.com Group in the fourth quarter worth approximately $1,006,000. Jump Financial LLC acquired a new position in Gambling.com Group during the 4th quarter valued at $153,000. Barclays PLC raised its stake in shares of Gambling.com Group by 8.0% in the 4th quarter. Barclays PLC now owns 41,565 shares of the company's stock valued at $585,000 after buying an additional 3,071 shares in the last quarter. Finally, Quadrant Capital Group LLC grew its holdings in Gambling.com Group by 481.8% during the 4th quarter. Quadrant Capital Group LLC now owns 2,461 shares of the company's stock worth $35,000 after acquiring an additional 2,038 shares during the last quarter. 72.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Cantor Fitzgerald initiated 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 objective for the company. Benchmark reissued a "buy" rating and issued a $18.00 price target on shares of Gambling.com Group in a report on Thursday, February 20th. Macquarie raised their target price 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. Truist Financial reduced their price objective on Gambling.com Group from $18.00 to $17.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. Finally, Jefferies Financial Group upped their target price on shares of Gambling.com Group from $20.00 to $21.00 and gave the company a "buy" rating in a research report on Wednesday, January 15th. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $17.67.

Gambling.com Group Stock Up 2.6%

Shares of NASDAQ:GAMB traded up $0.37 during trading on Tuesday, hitting $14.58. 249,068 shares of the company were exchanged, compared to its average volume of 276,323. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.20. The stock has a market cap of $506.84 million, a price-to-earnings ratio of 18.69 and a beta of 1.04. Gambling.com Group Limited has a fifty-two week low of $7.52 and a fifty-two week high of $17.14. The firm has a fifty day moving average price of $12.60 and a two-hundred day moving average price of $13.27.

Gambling.com Group (NASDAQ:GAMB - Get Free Report) last issued its quarterly earnings data on Thursday, March 20th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.10. The company had revenue of $35.30 million during the quarter, compared to the consensus estimate of $35.20 million. Gambling.com Group had a return on equity of 25.06% and a net margin of 23.40%. The firm's revenue for the quarter was up 8.6% compared to the same quarter last year. As a group, research analysts anticipate that Gambling.com Group Limited will post 0.88 earnings per share for the current fiscal year.

Gambling.com Group Profile

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.