Key Points
- Amit Gupta, Cardlytics' CEO, sold 45,159 shares on Feb 18 at an average price of $0.93 for about $41,998, cutting his stake by 6.41% to 659,644 shares (he also sold 52,049 shares on Feb 17 and 5,807 on Jan 5).
- Cardlytics trades near its 12‑month low with a market cap of roughly $50.35M, a negative P/E, 50‑ and 200‑day moving averages of $1.10 and $1.40, and an average analyst rating of “Reduce” with a $2.25 price target.
Cardlytics, Inc. (NASDAQ:CDLX - Get Free Report) CEO Amit Gupta sold 45,159 shares of the company's stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $0.93, for a total value of $41,997.87. Following the completion of the transaction, the chief executive officer owned 659,644 shares of the company's stock, valued at approximately $613,468.92. This represents a 6.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Amit Gupta also recently made the following trade(s):
- On Tuesday, February 17th, Amit Gupta sold 52,049 shares of Cardlytics stock. The shares were sold at an average price of $0.90, for a total value of $46,844.10.
- On Monday, January 5th, Amit Gupta sold 5,807 shares of Cardlytics stock. The stock was sold at an average price of $1.17, for a total transaction of $6,794.19.
Cardlytics Stock Performance
CDLX stock opened at $0.93 on Thursday. The firm has a market cap of $50.35 million, a P/E ratio of -0.44, a P/E/G ratio of 0.14 and a beta of 1.03. Cardlytics, Inc. has a 12-month low of $0.80 and a 12-month high of $3.33. The stock's 50 day simple moving average is $1.10 and its 200 day simple moving average is $1.40. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 2.87.
Wall Street Analyst Weigh In
Several research analysts have commented on the stock. Wall Street Zen cut shares of Cardlytics from a "hold" rating to a "sell" rating in a research report on Saturday, November 8th. Weiss Ratings reissued a "sell (d-)" rating on shares of Cardlytics in a report on Monday, December 29th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Reduce" and an average price target of $2.25.
Check Out Our Latest Analysis on Cardlytics
Hedge Funds Weigh In On Cardlytics
Large investors have recently bought and sold shares of the stock. Barclays PLC raised its position in shares of Cardlytics by 31,167.6% during the 4th quarter. Barclays PLC now owns 55,969 shares of the company's stock worth $64,000 after buying an additional 55,790 shares in the last quarter. Renaissance Technologies LLC acquired a new position in shares of Cardlytics during the fourth quarter valued at approximately $62,000. Goldman Sachs Group Inc. increased its stake in shares of Cardlytics by 15.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 109,001 shares of the company's stock valued at $125,000 after acquiring an additional 14,273 shares during the period. Geode Capital Management LLC raised its holdings in Cardlytics by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 654,472 shares of the company's stock worth $753,000 after purchasing an additional 20,908 shares in the last quarter. Finally, Sender Co & Partners Inc. acquired a new stake in Cardlytics in the third quarter worth approximately $210,000. Institutional investors and hedge funds own 68.10% of the company's stock.
About Cardlytics
(
Get Free Report)
Cardlytics, Inc operates a purchase intelligence and marketing platform that connects advertisers with consumers through bank and credit card transaction data. The company partners with financial institutions to analyze anonymized purchase information, enabling brands to deliver highly targeted offers and rewards directly to customers' online and mobile banking channels. By leveraging real-time insights into consumer spending habits, Cardlytics helps marketers optimize campaign performance and measure return on ad spend more accurately than traditional digital advertising methods.
At the core of Cardlytics' offering is its proprietary purchase intelligence engine, which aggregates and anonymizes transaction data from partner banks and credit unions.
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