EAM Investors LLC Takes $1.01 Million Position in Gambling.com Group Limited (NASDAQ:GAMB)

EAM Investors LLC bought a new stake in shares of Gambling.com Group Limited (NASDAQ:GAMB - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 71,467 shares of the company's stock, valued at approximately $1,006,000. EAM Investors LLC owned approximately 0.19% of Gambling.com Group at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Global Retirement Partners LLC raised its position in shares of Gambling.com Group by 1,613.9% during the 4th quarter. Global Retirement Partners LLC now owns 1,971 shares of the company's stock worth $28,000 after purchasing an additional 1,856 shares during the last quarter. Russell Investments Group Ltd. lifted its position 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 acquiring an additional 2,303 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in shares of Gambling.com Group by 481.8% during the fourth quarter. Quadrant Capital Group LLC now owns 2,461 shares of the company's stock valued at $35,000 after acquiring an additional 2,038 shares during the last quarter. IFP Advisors Inc purchased a new stake in Gambling.com Group during the 4th quarter worth about $49,000. Finally, Quantbot Technologies LP raised its stake in Gambling.com Group by 12,853.2% in the 4th quarter. Quantbot Technologies LP now owns 10,233 shares of the company's stock valued at $144,000 after purchasing an additional 10,154 shares during the last quarter. Institutional investors and hedge funds own 72.26% of the company's stock.

Gambling.com Group Trading Up 3.7 %

Shares of NASDAQ GAMB traded up $0.43 during midday trading on Tuesday, hitting $12.08. The stock had a trading volume of 112,439 shares, compared to its average volume of 267,575. 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 1-year low of $7.52 and a 1-year high of $17.14. The company has a market capitalization of $420.04 million, a price-to-earnings ratio of 15.49 and a beta of 1.04. The company has a fifty day moving average price of $13.16 and a 200 day moving average price of $12.92.

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

Analyst Ratings Changes

A number of brokerages have recently commented on GAMB. Cantor Fitzgerald started coverage on shares of Gambling.com Group in a report on Wednesday, March 5th. They set an "overweight" rating and a $20.00 price target for the company. Macquarie boosted 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. Benchmark restated a "buy" rating and set a $18.00 price objective on shares of Gambling.com Group in a report on Thursday, February 20th. Finally, Jefferies Financial Group upped their target price on Gambling.com Group from $20.00 to $21.00 and gave the company a "buy" rating in a research note on Wednesday, January 15th. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $17.56.

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.