22,508 Shares in Gambling.com Group Limited (NASDAQ:GAMB) Acquired by Gagnon Securities LLC

Gagnon Securities LLC bought a new stake in Gambling.com Group Limited (NASDAQ:GAMB) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 22,508 shares of the company’s stock, valued at approximately $317,000. Gagnon Securities LLC owned approximately 0.06% of Gambling.com Group as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in GAMB. SG Americas Securities LLC acquired a new stake in Gambling.com Group in the fourth quarter worth $163,000. MetLife Investment Management LLC boosted its stake in Gambling.com Group by 111.2% during the third quarter. MetLife Investment Management LLC now owns 12,384 shares of the company’s stock valued at $124,000 after buying an additional 6,519 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of Gambling.com Group in the 2nd quarter valued at $115,000. American Century Companies Inc. boosted its position in shares of Gambling.com Group by 38.0% in the 2nd quarter. American Century Companies Inc. now owns 15,523 shares of the company’s stock valued at $128,000 after purchasing an additional 4,276 shares during the period. Finally, Barclays PLC boosted its position in shares of Gambling.com Group by 94.0% in the 3rd quarter. Barclays PLC now owns 38,494 shares of the company’s stock valued at $385,000 after purchasing an additional 18,656 shares during the period. 72.26% of the stock is owned by institutional investors and hedge funds.

Gambling.com Group Stock Down 2.6 %

NASDAQ:GAMB opened at $14.09 on Friday. Gambling.com Group Limited has a 1 year low of $7.51 and a 1 year high of $16.09. 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 stock has a market cap of $524.43 million, a price-to-earnings ratio of 18.06 and a beta of 1.00. The stock has a 50-day moving average price of $14.06 and a two-hundred day moving average price of $11.39.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on GAMB shares. Craig Hallum increased their price objective on Gambling.com Group from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Macquarie raised their price objective on Gambling.com Group from $14.00 to $16.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. BTIG Research raised their target price on Gambling.com Group from $13.00 to $19.00 and gave the company a “buy” rating in a report on Friday, December 13th. Jefferies Financial Group lifted their price objective on Gambling.com Group from $20.00 to $21.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th. Finally, Benchmark began coverage on Gambling.com Group in a research note on Wednesday, January 8th. They issued a “buy” rating and a $16.00 price target on the stock. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Gambling.com Group has an average rating of “Buy” and an average target price of $16.63.

About Gambling.com Group

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.