Barclays PLC Acquires 22,420 Shares of Golden Matrix Group, Inc. (NASDAQ:GMGI)

Barclays PLC boosted its stake in shares of Golden Matrix Group, Inc. (NASDAQ:GMGI) by 332.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 29,160 shares of the company’s stock after buying an additional 22,420 shares during the period. Barclays PLC’s holdings in Golden Matrix Group were worth $67,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. XTX Topco Ltd bought a new stake in shares of Golden Matrix Group in the second quarter valued at about $30,000. Rhumbline Advisers acquired a new stake in Golden Matrix Group in the 2nd quarter valued at approximately $43,000. Marshall Wace LLP bought a new stake in Golden Matrix Group in the 2nd quarter valued at approximately $91,000. Bank of New York Mellon Corp acquired a new position in Golden Matrix Group during the 2nd quarter worth approximately $120,000. Finally, Renaissance Technologies LLC grew 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 Stock Performance

Shares of GMGI stock opened at $1.98 on Friday. Golden Matrix Group, Inc. has a 12 month low of $1.89 and a 12 month high of $6.27. The company’s fifty day simple moving average is $2.29 and its 200-day simple moving average is $2.35. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.82 and a quick ratio of 0.75.

Insider Buying and Selling at Golden Matrix Group

In related news, insider Aleksandar Milovanovic purchased 14,038 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was purchased at an average cost of $2.69 per share, for a total transaction of $37,762.22. Following the completion of the purchase, the insider now directly owns 77,502,008 shares in the company, valued at $208,480,401.52. This trade represents a 0.02 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders have acquired 49,596 shares of company stock worth $121,380. Insiders own 23.20% of the company’s stock.

Golden Matrix Group Company Profile

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.