CardlyticsCDLX
About: Cardlytics Inc operates an advertising platform within financial institutions' digital channels, which include online, mobile, email, and various real-time notifications. The company operates through segments namely, Cardlytics platform in the U.S. and U.K., and the Bridg platform. The Cardlytics platform segment which generates key revenue, operates a proprietary native bank advertising channel that enables marketers to reach consumers through their trusted and frequently visited online and mobile banking channels. The Bridg platform generates revenue through the sale of subscriptions to the cloud-based customer-data platform and the delivery of professional services like implementation, onboarding, and technical support. The company receives maximum revenue from the United States.
Employees: 456
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
90% more call options, than puts
Call options by funds: $5M | Put options by funds: $2.64M
19% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 32
11.78% less ownership
Funds ownership: 73.71% [Q2] → 61.93% (-11.78%) [Q3]
13% less funds holding
Funds holding: 127 [Q2] → 111 (-16) [Q3]
38% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 5 (-3) [Q3]
50% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 32
68% less capital invested
Capital invested by funds: $306M [Q2] → $99.2M (-$207M) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Evercore ISI Group Mark Mahaney 81% 1-year accuracy 34 / 42 met price target | 8%upside $4 | In-Line Initiated | 11 Oct 2024 |
Financial journalist opinion
