Cardlytics Inc (NASDAQ: CDLX) is -55.81% lower on its value in year-to-date trading and has touched a low of $2.89 and a high of $20.52 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CDLX stock was last observed hovering at around $5.21 in the last trading session, with the day’s loss setting it -1.14%.
Currently trading at $4.07, the stock is 0.23% and 10.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.23 million and changing -21.88% at the moment leaves the stock -47.38% off its SMA200. CDLX registered -71.13% loss for a year compared to 6-month loss of -56.09%. The firm has a 50-day simple moving average (SMA 50) of $3.6816 and a 200-day simple moving average (SMA200) of $7.745075.
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The stock witnessed a 24.85% gain in the last 1 month and extending the period to 3 months gives it a 7.67%, and is -5.57% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.87% over the week and 7.53% over the month.
Cardlytics Inc (CDLX) has around 434 employees, a market worth around $202.85M and $293.47M in sales. Profit margin for the company is -93.55%. Distance from 52-week low is 40.83% and -80.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-112.77%).
The EPS is expected to shrink by -10.30% this year
169.0 institutions hold shares in Cardlytics Inc (CDLX), with institutional investors hold 73.09% of the company’s shares. The shares outstanding are 49.84M, and float is at 47.36M with Short Float at 16.06%. Institutions hold 69.30% of the Float.
The top institutional shareholder in the company is CAS INVESTMENT PARTNERS, LLC with over 6.46 million shares valued at $53.08 million. The investor’s holdings represent 14.9483 of the CDLX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.15 million shares valued at $25.88 million to account for 7.2876 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 2.41 million shares representing 5.5784 and valued at over $19.81 million, while MORGAN STANLEY holds 5.0082 of the shares totaling 2.17 million with a market value of $17.78 million.
Cardlytics Inc (CDLX) Insider Activity
The most recent transaction is an insider sale by Gupta Amit, the company’s Chief Executive Officer. SEC filings show that Gupta Amit sold 22,607 shares of the company’s common stock on Oct 24 ’24 at a price of $3.85 per share for a total of $86924.0. Following the sale, the insider now owns 0.18 million shares.
Still, SEC filings show that on Oct 02 ’24, DeSieno Alexis (Chief Financial Officer) disposed off 7,487 shares at an average price of $3.08 for $23097.0. The insider now directly holds 97,849 shares of Cardlytics Inc (CDLX).
