Lazard Asset Management LLC grew its position in shares of Gambling.com Group Limited (NASDAQ:GAMB - Free Report) by 61.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 73,124 shares of the company's stock after purchasing an additional 27,844 shares during the quarter. Lazard Asset Management LLC owned 0.20% of Gambling.com Group worth $1,029,000 as of its most recent filing with the SEC.
Other hedge funds have also modified their holdings of the company. Global Retirement Partners LLC grew its holdings in shares of Gambling.com Group by 1,613.9% in the 4th quarter. Global Retirement Partners LLC now owns 1,971 shares of the company's stock worth $28,000 after acquiring an additional 1,856 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Gambling.com Group by 1,968.4% in the 4th quarter. Russell Investments Group Ltd. now owns 2,420 shares of the company's stock worth $34,000 after acquiring an additional 2,303 shares during the last quarter. Quadrant Capital Group LLC grew its holdings in shares of Gambling.com Group by 481.8% in 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. IFP Advisors Inc acquired a new position in shares of Gambling.com Group in the 4th quarter worth $49,000. Finally, Quarry LP acquired a new position in shares of Gambling.com Group in the 4th quarter worth $128,000. 72.26% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on GAMB. Benchmark restated a "buy" rating and issued a $18.00 target price on shares of Gambling.com Group in a report on Thursday, February 20th. Truist Financial decreased their target price on Gambling.com Group from $18.00 to $17.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Cantor Fitzgerald began coverage on Gambling.com Group in a report on Wednesday, March 5th. They issued an "overweight" rating and a $20.00 target price on the stock. Finally, Macquarie lifted their price target on Gambling.com Group from $18.00 to $19.00 and gave the company an "outperform" rating in a report on Friday, March 21st. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of $18.25.
View Our Latest Stock Report on GAMB
Gambling.com Group Trading Down 0.6%
Shares of NASDAQ:GAMB opened at $12.35 on Tuesday. The firm has a fifty day moving average of $12.67 and a two-hundred day moving average of $13.39. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.20. Gambling.com Group Limited has a 12-month low of $7.52 and a 12-month high of $17.14. The firm has a market capitalization of $429.32 million, a P/E ratio of 15.83 and a beta of 1.04.
Gambling.com Group (NASDAQ:GAMB - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.21. Gambling.com Group had a return on equity of 25.06% and a net margin of 23.40%. On average, equities analysts expect that Gambling.com Group Limited will post 0.88 EPS for the current fiscal year.
Gambling.com Group Profile
(
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.
Further Reading
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