Go Pro

AWM Investment Company Inc. Invests $5.07 Million in Gambling.com Group Limited $GRSD

Gambling.com Group logo with Communication Services background
Image from MarketBeat Media, LLC.

AWM Investment Company Inc. acquired a new stake in Gambling.com Group Limited (NASDAQ:GRSD - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 2,667,343 shares of the company's stock, valued at approximately $5,068,000. AWM Investment Company Inc. owned about 7.60% of Gambling.com Group as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Millennium Management LLC lifted its stake in shares of Gambling.com Group by 231.9% in the 3rd quarter. Millennium Management LLC now owns 1,231,370 shares of the company's stock worth $10,073,000 after acquiring an additional 860,369 shares during the period. Dimensional Fund Advisors LP lifted its position in Gambling.com Group by 3.2% in the third quarter. Dimensional Fund Advisors LP now owns 632,330 shares of the company's stock worth $5,173,000 after purchasing an additional 19,592 shares during the period. Punch & Associates Investment Management Inc. boosted its stake in Gambling.com Group by 1.7% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 628,315 shares of the company's stock valued at $5,140,000 after purchasing an additional 10,415 shares in the last quarter. Tocqueville Asset Management L.P. boosted its stake in Gambling.com Group by 57.3% during the 4th quarter. Tocqueville Asset Management L.P. now owns 365,000 shares of the company's stock valued at $1,993,000 after purchasing an additional 133,000 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its position in shares of Gambling.com Group by 55.2% during the 3rd quarter. Qube Research & Technologies Ltd now owns 300,483 shares of the company's stock valued at $2,458,000 after purchasing an additional 106,920 shares during the period. 72.26% of the stock is owned by institutional investors and hedge funds.

Gambling.com Group Stock Up 1.5%

GRSD opened at $2.02 on Wednesday. The company has a market capitalization of $70.90 million, a PE ratio of -1.94 and a beta of 0.72. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.59 and a quick ratio of 0.59. Gambling.com Group Limited has a fifty-two week low of $1.62 and a fifty-two week high of $8.79. The business has a 50-day moving average of $1.96 and a 200-day moving average of $3.05.

Analyst Ratings Changes

Several research firms have recently weighed in on GRSD. Benchmark restated a "speculative buy" rating and set a $4.00 price objective (down from $6.00) on shares of Gambling.com Group in a research report on Friday, May 15th. Wall Street Zen upgraded shares of Gambling.com Group from a "sell" rating to a "hold" rating in a report on Sunday, May 17th. Zacks Research lowered shares of Gambling.com Group from a "hold" rating to a "strong sell" rating in a research note on Monday, July 6th. Truist Financial reduced their target price on shares of Gambling.com Group from $5.00 to $3.00 and set a "hold" rating for the company in a report on Monday, July 20th. Finally, Weiss Ratings restated a "sell (d)" rating on shares of Gambling.com Group in a research report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $6.43.

View Our Latest Research Report on GRSD

Gambling.com Group Company Profile

(Free Report)

Gambling.com Group is a digital performance marketing company specializing in the online gambling industry. Through a diversified portfolio of affiliate websites, the company generates leads and traffic for operators in segments such as sports betting, online casino, poker, bingo and daily fantasy sports. Its platforms offer in-depth reviews, expert guides, comparison tools and editorial content designed to help players make informed choices and drive conversions for partner brands.

The group’s service offerings include search engine optimization, pay-per-click campaigns, display advertising, email marketing and social media management.

Recommended Stories

Institutional Ownership by Quarter for Gambling.com Group (NASDAQ:GRSD)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Should You Invest $1,000 in Gambling.com Group Right Now?

Before you consider Gambling.com Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gambling.com Group wasn't on the list.

While Gambling.com Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines