Tudor Investment Corp ET AL Invests $1.58 Million in Gambling.com Group Limited (NASDAQ:GAMB)

Tudor Investment Corp ET AL acquired a new stake in Gambling.com Group Limited (NASDAQ:GAMB - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 112,185 shares of the company's stock, valued at approximately $1,580,000. Tudor Investment Corp ET AL owned approximately 0.30% of Gambling.com Group as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in GAMB. Global Retirement Partners LLC raised its stake in shares of Gambling.com Group by 1,613.9% in the fourth quarter. Global Retirement Partners LLC now owns 1,971 shares of the company's stock valued at $28,000 after acquiring an additional 1,856 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of Gambling.com Group by 1,968.4% in the fourth quarter. Russell Investments Group Ltd. now owns 2,420 shares of the company's stock valued at $34,000 after buying an additional 2,303 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in shares of Gambling.com Group by 481.8% in the fourth quarter. Quadrant Capital Group LLC now owns 2,461 shares of the company's stock valued at $35,000 after buying an additional 2,038 shares during the last quarter. IFP Advisors Inc bought a new position in shares of Gambling.com Group in the fourth quarter valued at about $49,000. Finally, Quarry LP acquired a new position in Gambling.com Group during the 4th quarter worth about $128,000. Institutional investors and hedge funds own 72.26% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on GAMB shares. Macquarie raised 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. Cantor Fitzgerald began coverage on Gambling.com Group in a report on Wednesday, March 5th. They set an "overweight" rating and a $20.00 target price on the stock. Jefferies Financial Group lifted their target price on Gambling.com Group from $20.00 to $21.00 and gave the stock a "buy" rating in a research note on Wednesday, January 15th. Benchmark reiterated a "buy" rating and set a $18.00 price objective on shares of Gambling.com Group in a research report on Thursday, February 20th. Finally, Truist Financial reduced their price objective on shares of Gambling.com Group from $18.00 to $17.00 and set a "buy" rating on the stock in a research note on Wednesday, April 23rd. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Gambling.com Group presently has an average rating of "Buy" and an average target price of $17.67.

Gambling.com Group Trading Up 1.1 %

NASDAQ:GAMB traded up $0.15 on Thursday, reaching $13.51. 240,748 shares of the stock traded hands, compared to its average volume of 275,529. The firm has a market capitalization of $469.54 million, a price-to-earnings ratio of 17.32 and a beta of 1.04. Gambling.com Group Limited has a 1-year low of $7.52 and a 1-year high of $17.14. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.20. The company's 50 day moving average is $12.55 and its 200-day moving average is $13.13.

Gambling.com Group (NASDAQ:GAMB - Get Free Report) last issued its quarterly earnings results on Thursday, March 20th. The company reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.10. Gambling.com Group had a return on equity of 25.06% and a net margin of 23.40%. The firm had revenue of $35.30 million during the quarter, compared to the consensus estimate of $35.20 million. The firm's revenue was up 8.6% on a year-over-year basis. Equities research analysts anticipate that Gambling.com Group Limited will post 0.88 EPS for the current fiscal year.

Gambling.com Group Profile

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.