Adam Jonathan Felman Sells 3,600 Shares of High Roller Technologies (NYSEAMERICAN:ROLR) Stock

High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) CFO Adam Jonathan Felman sold 3,600 shares of the stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $5.42, for a total value of $19,512.00. Following the completion of the transaction, the chief financial officer directly owned 157,425 shares of the company’s stock, valued at $853,243.50. This represents a 2.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 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 Stock Up 0.2%

Shares of NYSEAMERICAN ROLR opened at $6.10 on Friday. High Roller Technologies, Inc. has a fifty-two week low of $1.16 and a fifty-two week high of $33.68. The company’s 50 day simple moving average is $6.14.

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

Wall Street Analysts Forecast Growth

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

Institutional Trading of High Roller Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the company. Public Employees Retirement System of Ohio acquired a new stake in High Roller Technologies during the second quarter valued at approximately $248,000. BlackRock Inc. acquired a new position in shares of High Roller Technologies in the 2nd quarter worth approximately $609,000. Balefire LLC bought a new stake in shares of High Roller Technologies in the 2nd quarter valued at approximately $59,000. Finally, Renaissance Technologies LLC bought a new stake in shares of High Roller Technologies in the 1st quarter valued at approximately $222,000.

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.