Insider Buying: Gambling.com Group (NASDAQ:GAMB) CFO Acquires 3,860 Shares of Stock

Key Points

  • CFO Martin Elias Mark purchased 3,860 shares on April 15 at $3.24 per share (total $12,506.40), raising his stake to 803,256 shares (a 0.48% increase), as disclosed in an SEC Form 4 filing.
  • The company beat estimates for the quarter, reporting $0.30 EPS vs. $0.20 expected and $46.24 million in revenue, while showing a strong return on equity (38.87%) but a negative net margin (-19.90%).
  • Gambling.com trades near its 12‑month low (opened $3.73; 12‑month high $14.95) with a market cap of ~$131M, a consensus analyst rating of "Moderate Buy" and an average price target of $7.63; institutions own about 72% of the shares.

Gambling.com Group Limited (NASDAQ:GAMB - Get Free Report) CFO Martin Elias Mark purchased 3,860 shares of Gambling.com Group stock in a transaction dated Wednesday, April 15th. The stock was bought at an average price of $3.24 per share, for a total transaction of $12,506.40. Following the completion of the transaction, the chief financial officer directly owned 803,256 shares in the company, valued at $2,602,549.44. The trade was a 0.48% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Gambling.com Group Stock Up 0.5%

NASDAQ:GAMB opened at $3.73 on Thursday. Gambling.com Group Limited has a 12-month low of $3.58 and a 12-month high of $14.95. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $130.92 million, a P/E ratio of -3.93 and a beta of 0.91. The stock's fifty day simple moving average is $4.00 and its 200-day simple moving average is $5.18.

Gambling.com Group (NASDAQ:GAMB - Get Free Report) last posted its quarterly earnings results on Thursday, March 12th. The company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.10. Gambling.com Group had a positive return on equity of 38.87% and a negative net margin of 19.90%.The business had revenue of $46.24 million for the quarter, compared to analyst estimates of $46.06 million. Equities research analysts expect that Gambling.com Group Limited will post 0.32 earnings per share for the current year.

Analyst Ratings Changes




Several research analysts have recently issued reports on GAMB shares. Freedom Capital upgraded Gambling.com Group to a "strong-buy" rating in a research report on Tuesday, December 30th. Stifel Nicolaus reduced their price target on Gambling.com Group from $8.00 to $6.00 and set a "buy" rating on the stock in a research report on Thursday, April 9th. Truist Financial reduced their price target on Gambling.com Group from $6.00 to $5.00 and set a "hold" rating on the stock in a research report on Thursday, March 12th. Weiss Ratings restated a "sell (d+)" rating on shares of Gambling.com Group in a research report on Thursday, January 22nd. Finally, Wall Street Zen upgraded Gambling.com Group from a "sell" rating to a "hold" rating in a research report on Saturday, April 11th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $7.63.

Get Our Latest Research Report on Gambling.com Group

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GAMB. Jane Street Group LLC lifted its holdings in Gambling.com Group by 103.4% during the first quarter. Jane Street Group LLC now owns 83,969 shares of the company's stock worth $1,060,000 after acquiring an additional 42,678 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Gambling.com Group by 0.9% during the second quarter. Geode Capital Management LLC now owns 215,084 shares of the company's stock worth $2,557,000 after acquiring an additional 1,822 shares in the last quarter. Legal & General Group Plc lifted its holdings in Gambling.com Group by 5,151.3% during the second quarter. Legal & General Group Plc now owns 89,429 shares of the company's stock worth $1,064,000 after acquiring an additional 87,726 shares in the last quarter. American Century Companies Inc. lifted its holdings in Gambling.com Group by 362.2% during the second quarter. American Century Companies Inc. now owns 193,669 shares of the company's stock worth $2,303,000 after acquiring an additional 151,767 shares in the last quarter. Finally, Jump Financial LLC bought a new position in Gambling.com Group during the second quarter worth about $283,000. 72.26% of the stock is currently owned by institutional investors.

Gambling.com Group Company Profile

(Get Free Report)

Gambling.com Group is a digital performance marketing company specializing in the online gambling industry. Through a diversified portfolio of affiliate websites, the company generates leads and traffic for operators in segments such as sports betting, online casino, poker, bingo and daily fantasy sports. Its platforms offer in-depth reviews, expert guides, comparison tools and editorial content designed to help players make informed choices and drive conversions for partner brands.

The group's service offerings include search engine optimization, pay-per-click campaigns, display advertising, email marketing and social media management.

See Also

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