Eurasia Assets Ltd. Woodford Sells 2,500,000 Shares of Lottery.com Inc. (NASDAQ:LTRY) Stock

Lottery.com Inc. (NASDAQ:LTRY – Get Rating) major shareholder Eurasia Assets Ltd. Woodford sold 2,500,000 shares of Lottery.com stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $0.34, for a total value of $850,000.00. Following the transaction, the insider now owns 10,118,257 shares in the company, valued at $3,440,207.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Lottery.com Trading Up 7.4 %

NASDAQ LTRY opened at $0.41 on Thursday. The business’s fifty day moving average is $0.41 and its 200 day moving average is $0.38. Lottery.com Inc. has a fifty-two week low of $0.15 and a fifty-two week high of $1.90.

Hedge Funds Weigh In On Lottery.com

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Creative Planning purchased a new position in shares of Lottery.com in the second quarter valued at about $65,000. JPMorgan Chase & Co. lifted its position in shares of Lottery.com by 3,714.4% in the first quarter. JPMorgan Chase & Co. now owns 95,359 shares of the company’s stock valued at $300,000 after acquiring an additional 92,859 shares in the last quarter. State Street Corp lifted its position in shares of Lottery.com by 549.6% in the first quarter. State Street Corp now owns 107,834 shares of the company’s stock valued at $339,000 after acquiring an additional 91,234 shares in the last quarter. Renaissance Technologies LLC purchased a new position in shares of Lottery.com in the second quarter valued at about $327,000. Finally, Millennium Management LLC purchased a new position in shares of Lottery.com in the second quarter valued at about $335,000. 7.22% of the stock is currently owned by hedge funds and other institutional investors.

Lottery.com Company Profile

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Lottery.com Inc, a technology company, operates B2C platform that enable players to remotely purchase legally sanctioned lottery games in the United States and internationally. It offers domestic and international lottery products and services. The company also provides affiliate marketing services under the LotteryLink brand; and delivers lottery data, such as winning numbers and results to approximately 400 digital publishers and media organizations.