Dynamic Technology Lab Private Ltd Has $1.74 Million Position in GAN Limited (NASDAQ:GAN)

Dynamic Technology Lab Private Ltd lifted its position in GAN Limited (NASDAQ:GAN) by 26.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 954,455 shares of the company’s stock after acquiring an additional 201,712 shares during the period. Dynamic Technology Lab Private Ltd owned approximately 2.09% of GAN worth $1,737,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Oddo BHF Asset Management Sas acquired a new position in GAN in the third quarter valued at about $3,676,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of GAN by 475.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 925,449 shares of the company’s stock valued at $1,684,000 after purchasing an additional 764,752 shares in the last quarter. Geode Capital Management LLC grew its position in shares of GAN by 2.2% in the 3rd quarter. Geode Capital Management LLC now owns 436,926 shares of the company’s stock valued at $774,000 after purchasing an additional 9,260 shares during the period. Rangeley Capital LLC bought a new stake in GAN during the 4th quarter worth approximately $182,000. Finally, Ridgewood Investments LLC acquired a new stake in GAN during the 4th quarter worth approximately $95,000. Institutional investors own 16.67% of the company’s stock.

GAN Stock Down 3.1 %

GAN stock opened at $1.71 on Friday. The company has a 50 day moving average of $1.78 and a 200-day moving average of $1.81. GAN Limited has a twelve month low of $1.17 and a twelve month high of $1.90. The stock has a market capitalization of $78.31 million, a PE ratio of -5.70 and a beta of 1.88.

GAN (NASDAQ:GAN) last released its earnings results on Monday, March 17th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.01). The business had revenue of $31.69 million during the quarter, compared to analysts’ expectations of $41.11 million. During the same period in the previous year, the business posted ($0.21) EPS.

GAN Company Profile

GAN Limited operates as a business-to-business (B2B) supplier of enterprise software-as-a-service solutions to online casino gaming and sports betting applications in the United States, Europe, Latin America, and internationally. It operates through two segments: B2B and B2C. The company provides and licenses GameSTACK, an internet gaming platform that provides turnkey technology solution for regulated real-money internet gambling, online sports betting, and virtual simulated gaming.