Renaissance Technologies LLC boosted its holdings in shares of GAN Limited (NASDAQ:GAN - Free Report) by 51.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,244,005 shares of the company's stock after purchasing an additional 424,678 shares during the period. Renaissance Technologies LLC owned about 2.73% of GAN worth $2,264,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in GAN. Bank Julius Baer & Co. Ltd Zurich bought a new position in GAN in the 4th quarter worth approximately $36,000. AssuredPartners Investment Advisors LLC acquired a new position in shares of GAN in the fourth quarter valued at approximately $62,000. Ridgewood Investments LLC bought a new stake in shares of GAN in the fourth quarter valued at about $95,000. Rangeley Capital LLC acquired a new position in GAN during the 4th quarter worth approximately $182,000. Finally, Geode Capital Management LLC grew its position in GAN by 2.2% in the third quarter. Geode Capital Management LLC now owns 436,926 shares of the company's stock valued at $774,000 after purchasing an additional 9,260 shares in the last quarter. Institutional investors and hedge funds own 16.67% of the company's stock.
GAN Stock Up 0.8 %
Shares of GAN stock traded up $0.02 on Thursday, reaching $1.81. The stock had a trading volume of 14,553 shares, compared to its average volume of 176,480. GAN Limited has a 12 month low of $1.17 and a 12 month high of $1.90. The firm has a market capitalization of $82.66 million, a price-to-earnings ratio of -6.02 and a beta of 1.88. The firm's 50-day moving average is $1.76 and its two-hundred day moving average is $1.80.
GAN (NASDAQ:GAN - Get Free Report) last posted its quarterly earnings results on Monday, March 17th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.01). The company had revenue of $31.69 million for the quarter, compared to analyst estimates of $41.11 million. During the same quarter last year, the company earned ($0.21) EPS.
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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