FNY Investment Advisers LLC Has $4.72 Million Stake in Codere Online Luxembourg, S.A. $CDRO

FNY Investment Advisers LLC grew its stake in Codere Online Luxembourg, S.A. (NASDAQ:CDRO) by 30.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 555,447 shares of the company’s stock after purchasing an additional 130,786 shares during the quarter. Codere Online Luxembourg comprises about 2.0% of FNY Investment Advisers LLC’s holdings, making the stock its 4th biggest holding. FNY Investment Advisers LLC’s holdings in Codere Online Luxembourg were worth $4,715,000 as of its most recent filing with the Securities and Exchange Commission.

Codere Online Luxembourg Stock Performance

Shares of Codere Online Luxembourg stock opened at $6.65 on Wednesday. The company has a 50-day moving average of $7.48 and a 200 day moving average of $7.65. Codere Online Luxembourg, S.A. has a 1 year low of $5.75 and a 1 year high of $8.75.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Codere Online Luxembourg in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $10.00.

Codere Online Luxembourg Profile

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.