Gambling.com Group (NASDAQ:GAMB) CEO Charles Gillespie Purchases 3,860 Shares of Stock

Gambling.com Group Limited (NASDAQ:GAMB) CEO Charles Gillespie purchased 3,860 shares of the company’s stock in a transaction on Wednesday, April 15th. The stock was purchased at an average price of $3.24 per share, with a total value of $12,506.40. Following the completion of the transaction, the chief executive officer owned 226,641 shares of the company’s stock, valued at approximately $734,316.84. This trade represents a 1.73% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Gambling.com Group Price Performance

Shares of NASDAQ:GAMB opened at $3.73 on Thursday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.21 and a current ratio of 1.21. The firm has a fifty day moving average price of $4.00 and a 200 day moving average price of $5.18. Gambling.com Group Limited has a fifty-two week low of $3.58 and a fifty-two week high of $14.95. The firm has a market cap of $130.92 million, a price-to-earnings ratio of -3.93 and a beta of 0.91.

Gambling.com Group (NASDAQ:GAMB) last issued its earnings results on Thursday, March 12th. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.10. Gambling.com Group had a negative net margin of 19.90% and a positive return on equity of 38.87%. The firm had revenue of $46.24 million during the quarter, compared to analyst estimates of $46.06 million. As a group, sell-side analysts expect that Gambling.com Group Limited will post 0.32 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Gambling.com Group

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC raised its position in Gambling.com Group by 103.4% during the 1st quarter. Jane Street Group LLC now owns 83,969 shares of the company’s stock worth $1,060,000 after buying an additional 42,678 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Gambling.com Group by 0.9% during the 2nd quarter. Geode Capital Management LLC now owns 215,084 shares of the company’s stock valued at $2,557,000 after purchasing an additional 1,822 shares in the last quarter. Legal & General Group Plc grew its stake in Gambling.com Group by 5,151.3% in the 2nd quarter. Legal & General Group Plc now owns 89,429 shares of the company’s stock valued at $1,064,000 after acquiring an additional 87,726 shares during the period. American Century Companies Inc. grew its stake in Gambling.com Group by 362.2% in the 2nd quarter. American Century Companies Inc. now owns 193,669 shares of the company’s stock valued at $2,303,000 after acquiring an additional 151,767 shares during the period. Finally, Jump Financial LLC acquired a new stake in Gambling.com Group in the 2nd quarter valued at $283,000. 72.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

GAMB has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Gambling.com Group in a research note on Thursday, January 22nd. Glj Research set a $7.50 price target on shares of Gambling.com Group in a report on Thursday, March 12th. Truist Financial cut their price target on shares of Gambling.com Group from $6.00 to $5.00 and set a “hold” rating on the stock in a report on Thursday, March 12th. Wall Street Zen upgraded shares of Gambling.com Group from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. Finally, Loop Capital set a $8.50 price target on shares of Gambling.com Group in a report on Tuesday, December 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Gambling.com Group presently has an average rating of “Moderate Buy” and a consensus target price of $7.63.

About Gambling.com Group

Gambling.com Group is a digital performance marketing company specializing in the online gambling industry. Through a diversified portfolio of affiliate websites, the company generates leads and traffic for operators in segments such as sports betting, online casino, poker, bingo and daily fantasy sports. Its platforms offer in-depth reviews, expert guides, comparison tools and editorial content designed to help players make informed choices and drive conversions for partner brands.

The group’s service offerings include search engine optimization, pay-per-click campaigns, display advertising, email marketing and social media management.