Geode Capital Management LLC Has $3.08 Million Position in Gambling.com Group Limited (NASDAQ:GAMB)
2025-04-29T07:27:01Z
Geode Capital Management LLC reduced its holdings in Gambling.com Group Limited (NASDAQ:GAMB – Free Report) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 218,483 shares of the company’s sto…
Geode Capital Management LLC reduced its holdings in Gambling.com Group Limited (NASDAQ:GAMB – Free Report) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 218,483 shares of the company’s stock after selling 5,231 shares during the quarter. Geode Capital Management LLC’s holdings in Gambling.com Group were worth $3,076,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Global Retirement Partners LLC grew its position 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 purchasing an additional 1,856 shares during the last quarter. IFP Advisors Inc acquired a new stake in shares of Gambling.com Group in the fourth quarter valued at about $49,000. Quantbot Technologies LP lifted its stake in shares of Gambling.com Group by 12,853.2% in the fourth quarter. Quantbot Technologies LP now owns 10,233 shares of the company’s stock valued at $144,000 after buying an additional 10,154 shares during the period. Intech Investment Management LLC bought a new stake in shares of Gambling.com Group in the fourth quarter valued at about $146,000. Finally, Virtu Financial LLC bought a new stake in shares of Gambling.com Group in the fourth quarter valued at about $146,000. 72.26% of the stock is owned by institutional investors and hedge funds.
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Gambling.com Group Stock Up 0.1 %
Shares of GAMB opened at $12.79 on Tuesday. The stock has a market cap of $444.62 million, a price-to-earnings ratio of 16.40 and a beta of 1.04. 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 company has a 50-day moving average price of $12.76 and a two-hundred day moving average price of $13.02.
Analyst Upgrades and Downgrades
Gambling.com Group ( NASDAQ:GAMB Get Free Report ) last posted its quarterly earnings data on Thursday, March 20th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.10. The company had revenue of $35.30 million during the quarter, compared to analyst estimates of $35.20 million. Gambling.com Group had a net margin of 23.40% and a return on equity of 25.06%. The business’s revenue was up 8.6% on a year-over-year basis. Equities analysts predict that Gambling.com Group Limited will post 0.88 EPS for the current fiscal year.
Several equities research analysts recently weighed in on the stock. Truist Financial reduced their target price on shares of Gambling.com Group from $18.00 to $17.00 and set a “buy” rating for the company in a research note on Wednesday, April 23rd. Cantor Fitzgerald assumed coverage on shares of Gambling.com Group in a research note on Wednesday, March 5th. They issued an “overweight” rating and a $20.00 target price for the company. Benchmark reiterated a “buy” rating and issued a $18.00 target price on shares of Gambling.com Group in a research note on Thursday, February 20th. Jefferies Financial Group increased their target price on shares of Gambling.com Group from $20.00 to $21.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. Finally, Macquarie increased their target price on shares of Gambling.com Group from $18.00 to $19.00 and gave the company an “outperform” rating in a research note on Friday, March 21st. Nine analysts have rated the stock with a buy rating, According to MarketBeat, Gambling.com Group has a consensus rating of “Buy” and an average price target of $17.67.
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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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