Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Golden Matrix Group Inc shares valued at $87,500 were sold by Goodman Anthony Brian on Jun 30 ’25. At $1.75 per share, Goodman Anthony Brian sold 50,000 shares. The insider’s holdings dropped to 8,854,079 shares worth approximately $15.23 million following the completion of this transaction.
Also, Goodman Anthony Brian purchased 50,000 shares, netting a total of over 87,250 in proceeds.
Before that, MCCHESNEY THOMAS had sold 5,000 shares from its account. In a trade valued at $9,100, the Director traded Golden Matrix Group Inc shares for $1.82 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $0.49 million.
As published in their initiating research note from Maxim Group on February 21, 2025, Golden Matrix Group Inc [GMGI] has been a Buy and the price target has been revised to $4.
Analyzing GMGI Stock Performance
On last trading session, Golden Matrix Group Inc [NASDAQ: GMGI] plunged -2.82% to $1.72. The stock’s lowest price that day was $1.705, but it reached a high of $1.79 in the same session. During the last five days, there has been a surge of approximately 0.58%. Over the course of the year, Golden Matrix Group Inc shares have dropped approximately -35.09%. Shares of the company reached a 52-week high of $2.6000 on 01/14/25 and a 52-week low of $1.3300 on 05/23/25.
Support And Resistance Levels for Golden Matrix Group Inc (GMGI)
According to the 24-hour chart, there is a support level at 1.6867, which, if violated, would cause prices to drop to 1.6533. In the upper region, resistance lies at 1.7717. The next price resistance is at 1.8233. RSI (Relative Strength Index) is 49.10 on the 14-day chart, showing neutral technical sentiment.
Is Golden Matrix Group Inc subject to short interest?
Stocks of Golden Matrix Group Inc saw a sharp steep in short interest on 2025-06-13 dropping by -0.22 million shares to 1.31 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 1.53 million shares. A decline of -17.07% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 6.19 of the overall float, the days-to-cover ratio (short ratio) decline to 6.19.
Which companies own the most shares of Golden Matrix Group Inc (GMGI)?
In terms of Golden Matrix Group Inc share price expectations, FactSet research, analysts set an average price target of 3 in the next 12 months, up nearly 69.49% from the previous closing price of $1.77. Analysts anticipate Golden Matrix Group Inc stock to reach 3 by 2025, with the lowest price target being 3. In spite of this, 1 analysts ranked Golden Matrix Group Inc stock as Buy at the end of 2025.
