34,000 Shares in GAN Limited (NASDAQ:GAN) Purchased by AssuredPartners Investment Advisors LLC

AssuredPartners Investment Advisors LLC acquired a new stake in GAN Limited (NASDAQ:GAN) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 34,000 shares of the company’s stock, valued at approximately $62,000. AssuredPartners Investment Advisors LLC owned about 0.07% of GAN as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings 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 acquiring an additional 9,260 shares during the last quarter. Oddo BHF Asset Management Sas acquired a new position in GAN in the third quarter worth $3,676,000. Ridgewood Investments LLC bought a new stake in GAN during the fourth quarter valued at $95,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of GAN during the fourth quarter worth $36,000. Institutional investors and hedge funds own 16.67% of the company’s stock.

GAN Stock Performance

NASDAQ GAN opened at $1.78 on Friday. GAN Limited has a one year low of $1.17 and a one year high of $1.90. The company has a 50-day simple moving average of $1.80 and a 200-day simple moving average of $1.81. The firm has a market capitalization of $81.52 million, a PE ratio of -5.93 and a beta of 1.96.

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

About GAN

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.