Barclays PLC Acquires 18,656 Shares of Gambling.com Group Limited (NASDAQ:GAMB)

Barclays PLC raised its position in shares of Gambling.com Group Limited (NASDAQ:GAMB - Free Report) by 94.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,494 shares of the company's stock after purchasing an additional 18,656 shares during the period. Barclays PLC owned approximately 0.10% of Gambling.com Group worth $385,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Quarry LP grew its holdings in shares of Gambling.com Group by 1,997.6% during the 2nd quarter. Quarry LP now owns 12,019 shares of the company's stock valued at $99,000 after purchasing an additional 11,446 shares during the last quarter. Hsbc Holdings PLC bought a new stake in shares of Gambling.com Group during the second quarter worth $115,000. MetLife Investment Management LLC increased its holdings in shares of Gambling.com Group by 111.2% during the third quarter. MetLife Investment Management LLC now owns 12,384 shares of the company's stock worth $124,000 after buying an additional 6,519 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Gambling.com Group by 38.0% during the 2nd quarter. American Century Companies Inc. now owns 15,523 shares of the company's stock valued at $128,000 after acquiring an additional 4,276 shares in the last quarter. Finally, Rhumbline Advisers grew its position in Gambling.com Group by 29.8% during the 2nd quarter. Rhumbline Advisers now owns 21,950 shares of the company's stock worth $180,000 after acquiring an additional 5,043 shares during the last quarter. Institutional investors own 72.26% of the company's stock.

Analyst Ratings Changes

GAMB has been the topic of a number of recent research reports. Truist Financial reissued a "buy" rating and set a $16.00 price target (up from $13.00) on shares of Gambling.com Group in a research note on Friday, November 15th. Macquarie upped their price target on shares of Gambling.com Group from $14.00 to $16.00 and gave the company an "outperform" rating in a research report on Monday, November 18th. Stifel Nicolaus raised their price target on shares of Gambling.com Group from $13.00 to $14.00 and gave the company a "buy" rating in a research note on Friday, November 15th. Craig Hallum increased their price objective on Gambling.com Group from $16.00 to $18.00 and gave the company a "buy" rating in a report on Friday, December 13th. Finally, BTIG Research raised their target price on Gambling.com Group from $13.00 to $19.00 and gave the stock a "buy" rating in a research report on Friday, December 13th. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Gambling.com Group has a consensus rating of "Buy" and an average price target of $16.63.

Gambling.com Group Trading Up 2.3 %

Gambling.com Group stock traded up $0.31 during trading hours on Friday, reaching $14.08. 179,745 shares of the company's stock were exchanged, compared to its average volume of 294,305. The firm's 50 day simple moving average is $13.57 and its 200 day simple moving average is $10.99. Gambling.com Group Limited has a twelve month low of $7.51 and a twelve month high of $16.09. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $524.06 million, a PE ratio of 18.05 and a beta of 1.00.

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.