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

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 transaction of $19,512.00. Following the transaction, the chief financial officer owned 157,425 shares of the company’s stock, valued at approximately $853,243.50. The trade was a 2.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed 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

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

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

Wall Street Analysts Forecast Growth

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

Institutional Trading of High Roller Technologies

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

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.