Golden Matrix Group, Inc. (NASDAQ:GMGI - Get Free Report) CEO Anthony Brian Goodman sold 50,000 shares of the firm's stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $1.71, for a total transaction of $85,500.00. Following the completion of the sale, the chief executive officer owned 8,804,079 shares in the company, valued at $15,054,975.09. This represents a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Anthony Brian Goodman also recently made the following trade(s):
- On Monday, June 30th, Anthony Brian Goodman sold 50,000 shares of Golden Matrix Group stock. The shares were sold at an average price of $1.75, for a total transaction of $87,500.00.
Golden Matrix Group Stock Up 5.4%
Shares of NASDAQ:GMGI traded up $0.10 during trading on Thursday, reaching $1.84. The stock had a trading volume of 304,810 shares, compared to its average volume of 137,308. Golden Matrix Group, Inc. has a one year low of $1.33 and a one year high of $3.10. The company has a market capitalization of $255.01 million, a P/E ratio of -36.80 and a beta of 0.35. The company has a current ratio of 0.74, a quick ratio of 0.66 and a debt-to-equity ratio of 0.12. The firm's 50-day simple moving average is $1.71 and its 200 day simple moving average is $1.91.
Institutional Trading of Golden Matrix Group
Institutional investors have recently bought and sold shares of the stock. Nuveen LLC acquired a new stake in Golden Matrix Group in the 1st quarter worth approximately $52,000. Bank of New York Mellon Corp boosted its stake in Golden Matrix Group by 24.7% in the 4th quarter. Bank of New York Mellon Corp now owns 40,632 shares of the company's stock worth $80,000 after purchasing an additional 8,061 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in Golden Matrix Group in the 4th quarter worth approximately $84,000. JPMorgan Chase & Co. boosted its stake in Golden Matrix Group by 460.5% in the 4th quarter. JPMorgan Chase & Co. now owns 50,819 shares of the company's stock worth $101,000 after purchasing an additional 41,752 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in Golden Matrix Group by 390.5% in the 4th quarter. Rhumbline Advisers now owns 106,449 shares of the company's stock worth $211,000 after purchasing an additional 84,749 shares in the last quarter. 2.74% of the stock is currently owned by institutional investors and hedge funds.
About Golden Matrix Group
(
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Golden Matrix Group, Inc provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers.
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