Gambling.com Group Limited (NASDAQ:GAMB) Shares Bought by Barclays PLC

Barclays PLC grew its holdings in Gambling.com Group Limited (NASDAQ:GAMB) by 94.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund 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 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of GAMB. Gabelli Funds LLC boosted its position in shares of Gambling.com Group by 4.2% during the second quarter. Gabelli Funds LLC now owns 32,000 shares of the company’s stock worth $263,000 after buying an additional 1,300 shares during the period. Bank of New York Mellon Corp boosted its holdings in Gambling.com Group by 5.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 41,714 shares of the company’s stock valued at $343,000 after acquiring an additional 2,090 shares during the period. American Century Companies Inc. grew its position in Gambling.com Group by 38.0% in 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. Rhumbline Advisers increased its stake in Gambling.com Group by 29.8% during the second quarter. Rhumbline Advisers now owns 21,950 shares of the company’s stock worth $180,000 after purchasing an additional 5,043 shares during the period. Finally, MetLife Investment Management LLC lifted its position 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 purchasing an additional 6,519 shares in the last quarter. Institutional investors and hedge funds own 72.26% of the company’s stock.

Analysts Set New Price Targets

GAMB has been the topic of a number of research reports. Craig Hallum increased their target price on shares of Gambling.com Group from $16.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Stifel Nicolaus lifted their target price on Gambling.com Group from $13.00 to $14.00 and gave the company a “buy” rating in a report on Friday, November 15th. BTIG Research increased their price target on Gambling.com Group from $13.00 to $19.00 and gave the company a “buy” rating in a research report on Friday, December 13th. Benchmark initiated coverage on Gambling.com Group in a research report on Wednesday, January 8th. They set a “buy” rating and a $16.00 price objective for the company. Finally, Jefferies Financial Group raised their target price on shares of Gambling.com Group from $20.00 to $21.00 and gave the company a “buy” rating in a report on Wednesday. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $16.63.

Gambling.com Group Stock Performance

NASDAQ GAMB opened at $14.08 on Friday. The company has a fifty day moving average of $13.57 and a two-hundred day moving average of $10.99. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.03 and a quick ratio of 1.03. Gambling.com Group Limited has a 1 year low of $7.51 and a 1 year high of $16.09. The company has a market capitalization of $524.10 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.