CSS LLC IL bought a new position in shares of GAN Limited (NASDAQ:GAN - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 241,099 shares of the company's stock, valued at approximately $439,000. CSS LLC IL owned approximately 0.53% of GAN as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Black Maple Capital Management LP purchased a new stake in GAN during the 4th quarter valued at about $1,034,000. Jane Street Group LLC bought a new stake in GAN in the 4th quarter worth $55,000. Credit Industriel ET Commercial bought a new position in shares of GAN during the fourth quarter valued at about $1,009,000. Cigogne Management SA purchased a new position in GAN during the 4th quarter valued at about $2,358,000. Finally, Renaissance Technologies LLC grew its position in shares of GAN by 51.8% in the 4th quarter. Renaissance Technologies LLC now owns 1,244,005 shares of the company's stock worth $2,264,000 after buying an additional 424,678 shares during the last quarter. Hedge funds and other institutional investors own 16.67% of the company's stock.
Wall Street Analyst Weigh In
Separately, Wall Street Zen cut shares of GAN from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd.
Check Out Our Latest Stock Report on GAN
GAN Price Performance
GAN stock remained flat at $1.97 during trading on Wednesday. GAN Limited has a 52-week low of $1.29 and a 52-week high of $1.97. The stock has a 50 day moving average of $1.80 and a 200 day moving average of $1.81. The company has a market capitalization of $91.53 million, a PE ratio of -6.57 and a beta of 1.86.
GAN (NASDAQ:GAN - Get Free Report) last released its quarterly earnings data on Friday, May 9th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.09). The company had revenue of $29.37 million during the quarter, compared to analyst estimates of $37.48 million.
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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