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Insider Trends: Selling By Insiders Lingers at Cardlytics

05/11/2021 12:27

04:17 PM EDT, 05/11/2021 (MT Newswires) -- Lynne Marie Laube, Director and CEO, sold 9,053 shares of Cardlytics (CDLX) on May 07, 2021, for $923,682. Subsequent to the Form 4 filing with the SEC, Laube has control over a total of 337,244 shares of the company, with 308,114 shares held directly and 29,130 controlled indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $31.8 million.

Over the last 90 days, previous to the date of this filing, there have been 25 insider transactions reported to the SEC for Cardlytics. These transactions came from the activities of 4 individual insiders that resulted in a net acquisition of 7,524 company shares. Relative to the preceding 90-day window of time, there were 32 transactions from 6 insiders which resulted in the net disposition of 34,196 shares.

This level of transactions is below that of the peer group average in the 4-company Marketing Consulting Services peer group over the last 90-day period. Within the peer group activity averaged 116.8 transactions per company, and disposition of 428,349 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1666071/000166607121000085/xslF345X03/wf-form4_162076404922676.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.