Golden Matrix Group, Inc. (NASDAQ:GMGI - Get Free Report) insider Aleksandar Milovanovic bought 146,080 shares of Golden Matrix Group stock in a transaction on Monday, April 14th. The stock was acquired at an average price of $1.94 per share, with a total value of $283,395.20. Following the completion of the purchase, the insider now directly owns 84,462,583 shares of the company's stock, valued at approximately $163,857,411.02. The trade was a 0.17 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Aleksandar Milovanovic also recently made the following trade(s):
- On Thursday, April 10th, Aleksandar Milovanovic acquired 4,800 shares of Golden Matrix Group stock. The stock was acquired at an average cost of $1.90 per share, with a total value of $9,120.00.
- On Monday, March 31st, Aleksandar Milovanovic bought 5,000 shares of Golden Matrix Group stock. The shares were acquired at an average cost of $2.09 per share, for a total transaction of $10,450.00.
- On Thursday, February 20th, Aleksandar Milovanovic purchased 2,000 shares of Golden Matrix Group stock. The stock was bought at an average cost of $2.17 per share, with a total value of $4,340.00.
- On Thursday, February 27th, Aleksandar Milovanovic acquired 4,212 shares of Golden Matrix Group stock. The shares were bought at an average cost of $1.97 per share, for a total transaction of $8,297.64.
- On Tuesday, February 25th, Aleksandar Milovanovic acquired 5,000 shares of Golden Matrix Group stock. The stock was bought at an average cost of $2.04 per share, for a total transaction of $10,200.00.
- On Friday, March 21st, Aleksandar Milovanovic bought 140,000 shares of Golden Matrix Group stock. The shares were bought at an average cost of $1.96 per share, with a total value of $274,400.00.
- On Friday, March 14th, Aleksandar Milovanovic purchased 50,000 shares of Golden Matrix Group stock. The stock was purchased at an average cost of $2.17 per share, for a total transaction of $108,500.00.
- On Friday, March 7th, Aleksandar Milovanovic acquired 50,000 shares of Golden Matrix Group stock. The shares were purchased at an average cost of $2.16 per share, with a total value of $108,000.00.
- On Tuesday, March 4th, Aleksandar Milovanovic bought 2,514 shares of Golden Matrix Group stock. The stock was purchased at an average price of $1.97 per share, for a total transaction of $4,952.58.
- On Tuesday, February 18th, Aleksandar Milovanovic purchased 100,000 shares of Golden Matrix Group stock. The stock was acquired at an average cost of $1.86 per share, for a total transaction of $186,000.00.
Golden Matrix Group Price Performance
GMGI opened at $2.05 on Thursday. Golden Matrix Group, Inc. has a 1-year low of $1.70 and a 1-year high of $6.27. The business has a 50 day moving average of $2.01 and a 200-day moving average of $2.15. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.82 and a quick ratio of 0.75.
Institutional Trading of Golden Matrix Group
Hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp increased its holdings in shares of Golden Matrix Group by 24.7% during the 4th quarter. Bank of New York Mellon Corp now owns 40,632 shares of the company's stock worth $80,000 after purchasing an additional 8,061 shares during the period. Virtu Financial LLC grew its position in Golden Matrix Group by 56.0% during the third quarter. Virtu Financial LLC now owns 23,431 shares of the company's stock worth $55,000 after buying an additional 8,408 shares in the last quarter. Northern Trust Corp increased its stake in Golden Matrix Group by 6.7% during the fourth quarter. Northern Trust Corp now owns 169,308 shares of the company's stock valued at $335,000 after acquiring an additional 10,690 shares during the period. SG Americas Securities LLC acquired a new position in Golden Matrix Group in the 4th quarter valued at approximately $28,000. Finally, Kera Capital Partners Inc. bought a new stake in shares of Golden Matrix Group in the 4th quarter worth approximately $40,000. 2.74% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Separately, Maxim Group began coverage on Golden Matrix Group in a research report on Friday, February 21st. They set a "buy" rating and a $4.00 price objective for the company.
View Our Latest Stock Analysis on GMGI
Golden Matrix Group Company Profile
(
Get Free Report)
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.
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