Oddo BHF Asset Management Sas Takes $3.68 Million Position in GAN Limited (NASDAQ:GAN)

Oddo BHF Asset Management Sas acquired a new stake in shares of GAN Limited (NASDAQ:GAN - Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,077,002 shares of the company's stock, valued at approximately $3,676,000. Oddo BHF Asset Management Sas owned approximately 4.56% of GAN at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of GAN during the second quarter worth $479,000. Renaissance Technologies LLC boosted its holdings in GAN by 3.0% in the second quarter. Renaissance Technologies LLC now owns 777,817 shares of the company's stock valued at $1,147,000 after acquiring an additional 22,700 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in GAN by 2.2% during the 3rd 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 during the period. 16.67% of the stock is currently owned by institutional investors.

GAN Price Performance

GAN remained flat at $1.84 during trading on Friday. 139,607 shares of the company's stock were exchanged, compared to its average volume of 174,896. The firm has a fifty day moving average of $1.82 and a two-hundred day moving average of $1.66. The firm has a market cap of $83.85 million, a price-to-earnings ratio of -6.15 and a beta of 1.99. GAN Limited has a 12-month low of $1.17 and a 12-month high of $1.87.

GAN (NASDAQ:GAN - Get Free Report) last released its quarterly earnings data on Friday, November 8th. The company reported $0.04 EPS for the quarter. The company had revenue of $37.10 million during the quarter.

About GAN

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.