Michael Cribari buys $12,170 in High Roller Technologies stock

Published 27/03/2025, 19:54
Michael Cribari buys $12,170 in High Roller Technologies stock

Michael Cribari, a director and ten percent owner of High Roller Technologies, Inc. (NASDAQ:ROLR), recently purchased 3,263 shares of the company’s common stock. The shares were acquired at a weighted average price of $3.73 per share, totaling approximately $12,170. The purchase comes as the stock trades at $3.28, down nearly 60% over the past year. According to InvestingPro, the company maintains a strong balance sheet with more cash than debt, despite recent market volatility. This transaction took place on March 25, 2025, and was conducted in the open market in accordance with the company’s trading policies.

Following this purchase, Cribari holds 34,513 shares directly. Additionally, through indirect joint beneficial ownership with entities such as Cascadia Holdings Limited and Spike Up Media A.B., Cribari has interests in a significant number of shares, including 2,588,395 shares held by Cascadia and 731,388 shares held by Spike Up Media A.B. The company currently has a market capitalization of $27.14 million, with InvestingPro analysis revealing 8 additional key insights about the company’s financial health and market position.

The transaction reflects Cribari’s continued involvement and investment in High Roller Technologies, a company categorized under amusement and recreation services, and incorporated in Delaware. While the company maintains a gross profit margin of 54%, recent financial data shows challenging conditions with negative earnings per share of -$0.82 over the last twelve months.

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