Campbell Capital Management Inc. Grows Position in Golden Nugget Online Gaming, Inc. (NASDAQ:GNOG)


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Campbell Capital Management Inc. lifted its stake in Golden Nugget Online Gaming, Inc. (NASDAQ:GNOG) by 9.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 139,459 shares of the company’s stock after buying an additional 11,825 shares during the quarter. Golden Nugget Online Gaming makes up about 0.9% of Campbell Capital Management Inc.’s investment portfolio, making the stock its 28th largest position. Campbell Capital Management Inc.’s holdings in Golden Nugget Online Gaming were worth $1,883,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Lord Abbett & CO. LLC purchased a new position in shares of Golden Nugget Online Gaming in the fourth quarter worth $4,180,000. California Public Employees Retirement System lifted its holdings in shares of Golden Nugget Online Gaming by 2.3% in the third quarter. California Public Employees Retirement System now owns 66,100 shares of the company’s stock worth $950,000 after buying an additional 1,500 shares in the last quarter. Nwam LLC purchased a new position in shares of Golden Nugget Online Gaming in the fourth quarter worth $601,000. Penserra Capital Management LLC purchased a new position in shares of Golden Nugget Online Gaming in the fourth quarter worth $275,000. Finally, Stratos Wealth Advisors LLC purchased a new position in shares of Golden Nugget Online Gaming in the fourth quarter worth $303,000. 21.52% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages recently weighed in on GNOG. Benchmark boosted their price target on shares of Golden Nugget Online Gaming from $24.00 to $27.00 and gave the stock a “buy” rating in a research report on Wednesday, March 24th. Jefferies Financial Group began coverage on shares of Golden Nugget Online Gaming in a research report on Tuesday. They issued a “buy” rating and a $28.00 price target on the stock.

GNOG traded up $0.88 during trading hours on Thursday, hitting $16.40. The company’s stock had a trading volume of 21,443 shares, compared to its average volume of 2,424,921. The business’s 50-day moving average price is $15.95 and its 200-day moving average price is $18.32. Golden Nugget Online Gaming, Inc. has a 12 month low of $9.75 and a 12 month high of $27.18.

Golden Nugget Online Gaming Company Profile

Golden Nugget Online Gaming, Inc operates as an online gaming and digital sports entertainment company. It offers patrons to play their favorite casino games and bet on live-action sports events in New Jersey and Michigan. The company is headquartered in Houston, Texas.

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Institutional Ownership by Quarter for Golden Nugget Online Gaming (NASDAQ:GNOG)

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