Craig-Hallum analyst Jason Kreyer maintained a Hold rating on Cardlytics (CDLX – Research Report) today. The company’s shares opened today at $8.52.
Kreyer covers the Technology sector, focusing on stocks such as LiveRamp Holdings, comScore, and Stagwell. According to TipRanks, Kreyer has an average return of -11.2% and a 25.25% success rate on recommended stocks.
Cardlytics has an analyst consensus of Moderate Buy, with a price target consensus of $12.00.
See the top stocks recommended by analysts >>
The company has a one-year high of $19.57 and a one-year low of $2.57. Currently, Cardlytics has an average volume of 615.3K.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CDLX in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Cardlytics (CDLX) Company Description:
Cardlytics, Inc. engages in the development of marketing solutions through its purchase intelligence platform. It operates through the Cardlytics Direct and Other Platform Solutions segments. The Cardlytics Direct segment represents its proprietary native bank advertising channel. The Other Platform Solutions segment includes solutions that enable marketers and marketing service providers to leverage the power of purchase intelligence outside the banking channel. The company was founded by Scott D. Grimes, Lynne M. Laube, and Hans Theisen on June 26, 2008 and is headquartered in Atlanta, GA.
Read More on CDLX:
