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Aleksandar Milovanovic Acquires 25,000 Shares of Golden Matrix Group, Inc. (NASDAQ:GMGI) Stock

Golden Matrix Group logo with Consumer Discretionary background

Golden Matrix Group, Inc. (NASDAQ:GMGI - Get Free Report) insider Aleksandar Milovanovic purchased 25,000 shares of Golden Matrix Group stock in a transaction that occurred on Thursday, October 31st. The stock was bought at an average cost of $2.35 per share, for a total transaction of $58,750.00. Following the purchase, the insider now directly owns 77,462,970 shares in the company, valued at $182,037,979.50. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Aleksandar Milovanovic also recently made the following trade(s):

  • On Tuesday, October 29th, Aleksandar Milovanovic purchased 9,059 shares of Golden Matrix Group stock. The stock was acquired at an average price of $2.30 per share, with a total value of $20,835.70.

Golden Matrix Group Trading Up 3.2 %

Shares of NASDAQ:GMGI traded up $0.08 during trading hours on Monday, hitting $2.57. The company's stock had a trading volume of 29,814 shares, compared to its average volume of 113,899. Golden Matrix Group, Inc. has a 52 week low of $2.01 and a 52 week high of $6.27. The company has a current ratio of 0.95, a quick ratio of 0.88 and a debt-to-equity ratio of 0.25. The firm's fifty day moving average price is $2.36 and its 200 day moving average price is $3.00.

Institutional Investors Weigh In On Golden Matrix Group

Large investors have recently modified their holdings of the business. XTX Topco Ltd bought a new stake in shares of Golden Matrix Group in the 2nd quarter valued at about $30,000. Rhumbline Advisers bought a new position in shares of Golden Matrix Group during the 2nd quarter worth approximately $43,000. Marshall Wace LLP bought a new position in shares of Golden Matrix Group during the 2nd quarter worth approximately $91,000. Bank of New York Mellon Corp bought a new position in shares of Golden Matrix Group during the 2nd quarter worth approximately $120,000. Finally, Renaissance Technologies LLC raised its stake in shares of Golden Matrix Group by 675.9% during the 2nd quarter. Renaissance Technologies LLC now owns 131,900 shares of the company's stock worth $326,000 after acquiring an additional 114,900 shares in the last quarter. Institutional investors own 2.74% of the company's stock.

Golden Matrix Group Company Profile

(Get Free Report)

Golden Matrix Group, Inc provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers.

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