High Roller Technologies (NYSEAMERICAN:ROLR) CFO Sells $19,512.00 in Stock

High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) CFO Adam Jonathan Felman sold 3,600 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $5.42, for a total transaction of $19,512.00. Following the sale, the chief financial officer owned 157,425 shares of the company’s stock, valued at approximately $853,243.50. This represents a 2.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

High Roller Technologies Price Performance

Shares of ROLR stock opened at $6.10 on Monday. High Roller Technologies, Inc. has a 52 week low of $1.16 and a 52 week high of $33.68. The business’s 50-day moving average is $6.14.

High Roller Technologies (NYSEAMERICAN:ROLR) last issued its quarterly earnings data on Tuesday, August 11th. The company reported ($0.17) earnings per share (EPS) for the quarter. High Roller Technologies had a negative return on equity of 2.57% and a net margin of 10.83%.The company had revenue of $2.81 million for the quarter.

Analysts Set New Price Targets

Separately, Alliance Global Partners initiated coverage on High Roller Technologies in a research report on Wednesday, July 22nd. They set a “buy” rating and a $20.00 price objective on the stock. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $20.00.

Hedge Funds Weigh In On High Roller Technologies

A number of hedge funds have recently added to or reduced their stakes in ROLR. Balefire LLC bought a new stake in shares of High Roller Technologies during the 2nd quarter valued at $59,000. Renaissance Technologies LLC bought a new stake in High Roller Technologies during the first quarter worth about $222,000. Public Employees Retirement System of Ohio bought a new position in High Roller Technologies in the 2nd quarter valued at about $248,000. Finally, BlackRock Inc. acquired a new position in shares of High Roller Technologies in the 2nd quarter valued at approximately $609,000.

High Roller Technologies Company Profile

High Roller Technologies, Inc is an evolving and growth-oriented global online gaming operator. We offer a compelling real money online casino platform. We define the term platform (“Platform”) as the fusion of our technical IP, commercial partnerships, and operational expertise including an in-house developed domain customizable frontend and content management system (CMS) which offers enhanced search engine optimization, direct API integrations, faster load times, and better scalability. We utilize a third party player account management system (PAM) that offers us a high level of control over game integrations, payment provider solutions, and overall player management.