FNY Investment Advisers LLC Raises Position in Codere Online Luxembourg, S.A. (NASDAQ:CDRO)

FNY Investment Advisers LLC grew its position in shares of Codere Online Luxembourg, S.A. (NASDAQ:CDROFree Report) by 194.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 368,177 shares of the company’s stock after acquiring an additional 243,330 shares during the period. Codere Online Luxembourg comprises about 1.2% of FNY Investment Advisers LLC’s holdings, making the stock its 20th largest holding. FNY Investment Advisers LLC owned about 0.81% of Codere Online Luxembourg worth $2,374,000 at the end of the most recent reporting period.

Separately, Renaissance Technologies LLC raised its holdings in Codere Online Luxembourg by 98.5% in 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 in the last quarter. Hedge funds and other institutional investors own 10.30% of the company’s stock.

Codere Online Luxembourg Stock Performance

Codere Online Luxembourg stock opened at $6.11 on Tuesday. Codere Online Luxembourg, S.A. has a twelve month low of $3.21 and a twelve month high of $8.76. The stock’s 50 day moving average is $7.23 and its 200 day moving average is $7.73.

Analysts Set New Price Targets

Separately, Stifel Nicolaus reaffirmed a “buy” rating and issued a $10.00 target price on shares of Codere Online Luxembourg in a research report on Monday, December 30th.

Read Our Latest Research Report on CDRO

Codere Online Luxembourg Company 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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