Blair William & Co. IL Sells 17,050 Shares of Codere Online Luxembourg, S.A. (NASDAQ:CDRO)

Blair William & Co. IL lessened its holdings in Codere Online Luxembourg, S.A. (NASDAQ:CDRO) by 28.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,202 shares of the company’s stock after selling 17,050 shares during the quarter. Blair William & Co. IL owned 0.09% of Codere Online Luxembourg worth $272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in Codere Online Luxembourg during the fourth quarter valued at about $64,000. Exchange Traded Concepts LLC purchased a new stake in shares of Codere Online Luxembourg during the 4th quarter worth approximately $364,000. Finally, FNY Investment Advisers LLC raised its holdings in shares of Codere Online Luxembourg by 194.9% in the 4th quarter. FNY Investment Advisers LLC now owns 368,177 shares of the company’s stock worth $2,374,000 after purchasing an additional 243,330 shares during the period. 10.30% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Stifel Nicolaus reissued a “buy” rating and set a $10.00 price objective on shares of Codere Online Luxembourg in a report on Monday, December 30th.

Codere Online Luxembourg Stock Down 9.2 %

NASDAQ CDRO opened at $6.35 on Friday. The firm’s 50-day simple moving average is $7.27 and its two-hundred day simple moving average is $7.41. Codere Online Luxembourg, S.A. has a 52 week low of $5.75 and a 52 week high of $8.76.

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.