In a filing, Cardlytics Inc revealed its Chief Executive Officer Gupta Amit unloaded Company’s shares for reported $0.17 million on Feb 19 ’25. In the deal valued at $3.18 per share,54,565 shares were sold. As a result of this transaction, Gupta Amit now holds 364,072 shares worth roughly $0.66 million.
Then, Gupta Amit sold 46,857 shares, generating $159,220 in total proceeds. Upon selling the shares at $3.40, the Chief Executive Officer now owns 418,637 shares.
Before that, Gupta Amit bought 54,565 shares. Cardlytics Inc shares valued at $173,478 were divested by the Officer at a price of $3.18 per share.
Evercore ISI initiated its Cardlytics Inc [CDLX] rating to an In-line in a research note published on October 11, 2024; the price target was $4. A number of analysts have revised their coverage, including Northland Capital’s analysts, who decreased its forecast for the stock in mid August from “an Outperform” to “a Market perform”. BofA Securities also remained covering CDLX and has decreased its forecast on August 15, 2024 with a “an Underperform” recommendation from previously “Neutral” rating. Needham revised its rating on August 08, 2024. It rated CDLX as “a Hold” which previously was an “a Buy”.
Price Performance Review of CDLX
On Monday, Cardlytics Inc [NASDAQ:CDLX] saw its stock fall -9.50% to $1.81. Over the last five days, the stock has lost -26.12%. Cardlytics Inc shares have fallen nearly -51.21% since the year began. Nevertheless, the stocks have fallen -73.92% over the past one year. While a 52-week high of $20.52 was reached on 01/24/25, a 52-week low of $1.99 was recorded on 03/10/25. SMA at 50 days reached $3.15, while 200 days put it at $4.87.
Levels Of Support And Resistance For CDLX Stock
The 24-hour chart illustrates a support level at 1.70, which if violated will result in even more drops to 1.59. On the upside, there is a resistance level at 1.99. A further resistance level may holdings at 2.18. The Relative Strength Index (RSI) on the 14-day chart is 23.22, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.44%. Stochastics %K at 1.31% indicates the stock is a buying.
