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 firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $5.42, for a total transaction of $19,512.00. Following the completion of the sale, the chief financial officer directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, 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 Performance

NYSEAMERICAN:ROLR traded down $0.02 during trading hours on Friday, hitting $6.07. 31,496 shares of the stock were exchanged, compared to its average volume of 1,832,217. The company’s 50 day moving average is $6.14. High Roller Technologies, Inc. has a twelve month low of $1.16 and a twelve month high of $33.68.

High Roller Technologies (NYSEAMERICAN:ROLR) last posted its quarterly earnings results on Tuesday, August 11th. The company reported ($0.17) earnings per share (EPS) for the quarter. The firm 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%.

Hedge Funds Weigh In On High Roller Technologies

Several institutional investors have recently modified their holdings of ROLR. BlackRock Inc. bought a new stake in shares of High Roller Technologies in the 2nd quarter valued at about $609,000. Public Employees Retirement System of Ohio bought a new stake in High Roller Technologies in the second quarter valued at approximately $248,000. Renaissance Technologies LLC acquired a new stake in High Roller Technologies in the first quarter worth $222,000. Finally, Balefire LLC bought a new position in shares of High Roller Technologies during the second quarter worth $59,000.

Analyst Ratings Changes

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

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.