Geode Capital Management LLC Raises Stake in Codere Online Luxembourg, S.A. (NASDAQ:CDRO)

Geode Capital Management LLC increased its stake in Codere Online Luxembourg, S.A. (NASDAQ:CDRO) by 25.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,600 shares of the company’s stock after buying an additional 2,723 shares during the period. Geode Capital Management LLC’s holdings in Codere Online Luxembourg were worth $88,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CDRO. FNY Investment Advisers LLC grew its stake in Codere Online Luxembourg by 194.9% in the fourth 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 in the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Codere Online Luxembourg during the 4th quarter worth $364,000. Diametric Capital LP increased its stake in shares of Codere Online Luxembourg by 183.3% during the fourth quarter. Diametric Capital LP now owns 38,743 shares of the company’s stock valued at $250,000 after buying an additional 25,068 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of Codere Online Luxembourg during the fourth quarter valued at $64,000. Institutional investors own 10.30% of the company’s stock.

Codere Online Luxembourg Stock Performance

NASDAQ:CDRO opened at $7.83 on Monday. The firm has a 50-day simple moving average of $7.13 and a 200-day simple moving average of $7.21. Codere Online Luxembourg, S.A. has a one year low of $5.75 and a one year high of $8.76.

Codere Online Luxembourg Company 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.