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

Barclays PLC boosted its holdings in Golden Matrix Group, Inc. (NASDAQ:GMGI) by 332.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,160 shares of the company’s stock after acquiring 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 Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in GMGI. Renaissance Technologies LLC increased its holdings in shares of Golden Matrix Group by 675.9% in the second quarter. Renaissance Technologies LLC now owns 131,900 shares of the company’s stock valued at $326,000 after purchasing an additional 114,900 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Golden Matrix Group during the 2nd quarter worth about $120,000. Marshall Wace LLP bought a new stake in shares of Golden Matrix Group during the 2nd quarter worth about $91,000. Rhumbline Advisers acquired a new position in Golden Matrix Group in the 2nd quarter valued at about $43,000. Finally, XTX Topco Ltd bought a new position in Golden Matrix Group in the 2nd quarter valued at about $30,000. Institutional investors own 2.74% of the company’s stock.

Insider Activity at Golden Matrix Group

In other news, insider Aleksandar Milovanovic acquired 14,038 shares of the stock in a transaction on Wednesday, November 6th. The shares were purchased at an average price of $2.69 per share, for a total transaction of $37,762.22. Following the transaction, the insider now directly owns 77,502,008 shares of the company’s stock, valued at approximately $208,480,401.52. This represents a 0.02 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders bought 49,596 shares of company stock worth $121,380 in the last ninety days. 23.20% of the stock is owned by company insiders.

Golden Matrix Group Trading Down 3.9 %

Shares of NASDAQ:GMGI opened at $1.98 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.75 and a current ratio of 0.82. Golden Matrix Group, Inc. has a 12-month low of $1.89 and a 12-month high of $6.27. The business has a 50 day moving average of $2.29 and a 200-day moving average of $2.35.

Golden Matrix Group 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.