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Insider Trends: Insider 90-Day Selling Trend Extended at Cardlytics

05/11/2021 14:45

06:33 PM EDT, 05/11/2021 (MT Newswires) -- On May 07, 2021, Chief Legal & Privacy Officer, Kirk Somers, executed a sale of 7,576 shares in Cardlytics (CDLX) for $750,063. Somers, subsequent to the transactions designated in the SEC Form 4 filing, has 22,332 company shares, with a market value, based on the prior-day closing price, of $2.11 million.

Over the last 90 days, previous to the date of this filing, there have been 27 insider transactions reported to the SEC for Cardlytics. These transactions came from the activities of 4 individual insiders that resulted in a net disposition of 6,826 company shares. This compares with the preceding 90-day window of time where there were 32 transactions from 6 insiders that resulted in the net disposition of 34,196 shares.

This level of insider transactions is below that of the peer group average in the 4-company Marketing Consulting Services peer group over the last 90-day period. Peer group activity averaged 117.3 transactions per company, and disposition of 429,246 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1666071/000166607121000087/xslF345X03/wf-form4_162077226751798.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.