Insider Selling: Codere Online Luxembourg (NASDAQ:CDRO) Director Sells 2,812 Shares of Stock

Posted by Brenda Bartman on Jun 18th, 2026

Codere Online Luxembourg, S.A. (NASDAQ:CDRO – Get Free Report) Director Sanchez Oscar Iglesias sold 2,812 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $10.01, for a total value of $28,148.12. Following the completion of the sale, the director owned 118,387 shares in the company, valued at $1,185,053.87. This represents a 2.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sanchez Oscar Iglesias also recently made the following trade(s):

On Monday, June 8th, Sanchez Oscar Iglesias sold 50 shares of Codere Online Luxembourg stock. The stock was sold at an average price of $10.00, for a total transaction of $500.00.
On Tuesday, June 2nd, Sanchez Oscar Iglesias sold 432 shares of Codere Online Luxembourg stock. The stock was sold at an average price of $10.01, for a total transaction of $4,324.32.

Codere Online Luxembourg Price Performance

Shares of CDRO traded up $0.21 during trading hours on Thursday, hitting $10.20. The company’s stock had a trading volume of 147,414 shares, compared to its average volume of 21,975. The business has a 50 day simple moving average of $9.19 and a two-hundred day simple moving average of $8.36. Codere Online Luxembourg, S.A. has a 52-week low of $5.18 and a 52-week high of $10.26.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Susquehanna International Group LLP purchased a new position in Codere Online Luxembourg during the 3rd quarter valued at about $90,000. Squarepoint Ops LLC purchased a new stake in shares of Codere Online Luxembourg in the third quarter worth about $203,000. Millennium Management LLC increased its holdings in Codere Online Luxembourg by 73.3% during the 3rd quarter. Millennium Management LLC now owns 57,755 shares of the company’s stock worth $399,000 after acquiring an additional 24,438 shares during the period. UBS Group AG increased its holdings in Codere Online Luxembourg by 156.2% during the 3rd quarter. UBS Group AG now owns 512,884 shares of the company’s stock worth $3,539,000 after acquiring an additional 312,664 shares during the period. Finally, FNY Investment Advisers LLC lifted its stake in Codere Online Luxembourg by 20.8% in the 3rd quarter. FNY Investment Advisers LLC now owns 671,025 shares of the company’s stock worth $4,630,000 after purchasing an additional 115,578 shares in the last quarter. Institutional investors own 10.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on CDRO shares. Weiss Ratings upgraded shares of Codere Online Luxembourg from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Stifel Nicolaus set a $10.00 target price on Codere Online Luxembourg in a research report on Friday, May 8th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Codere Online Luxembourg currently has a consensus rating of “Hold” and an average price target of $10.00.

Get Our Latest Analysis on Codere Online Luxembourg

About Codere Online Luxembourg

(Get Free Report)

Codere Online Luxembourg SA is a publicly traded company incorporated under the laws of Luxembourg and listed on the Nasdaq Stock Market under the ticker CDRO. Established in December 2020 as a spin-off of Grupo Codere’s digital operations, Codere Online leverages the heritage and infrastructure of its Spanish parent to deliver a dedicated online gaming and sports betting platform. Headquartered in Luxembourg City, the company operates through locally licensed subsidiaries in multiple jurisdictions.

The company’s core business revolves around an integrated online sportsbook and casino offering.