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FNY Investment Advisers LLC Purchases 243,330 Shares of Codere Online Luxembourg, S.A. (NASDAQ:CDRO)

Codere Online Luxembourg logo with Consumer Discretionary background

FNY Investment Advisers LLC grew its holdings in Codere Online Luxembourg, S.A. (NASDAQ:CDRO - Free Report) by 194.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 368,177 shares of the company's stock after purchasing an additional 243,330 shares during the quarter. Codere Online Luxembourg comprises about 1.2% of FNY Investment Advisers LLC's portfolio, making the stock its 20th biggest position. FNY Investment Advisers LLC owned approximately 0.81% of Codere Online Luxembourg worth $2,374,000 at the end of the most recent quarter.

Separately, Renaissance Technologies LLC grew its stake in Codere Online Luxembourg by 98.5% during the second quarter. Renaissance Technologies LLC now owns 79,801 shares of the company's stock worth $650,000 after purchasing an additional 39,601 shares during the period. Hedge funds and other institutional investors own 10.30% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus restated a "buy" rating and set a $10.00 price target on shares of Codere Online Luxembourg in a report on Monday, December 30th.

View Our Latest Research Report on Codere Online Luxembourg

Codere Online Luxembourg Stock Performance

CDRO remained flat at $6.11 during midday trading on Tuesday. 25,635 shares of the company's stock traded hands, compared to its average volume of 32,354. The stock's 50 day simple moving average is $7.23 and its 200 day simple moving average is $7.73. Codere Online Luxembourg, S.A. has a 12-month low of $3.21 and a 12-month high of $8.76.

Codere Online Luxembourg Profile

(Free Report)

Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina.

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