Codere Online Luxembourg (CDRO) Insider Oscar Sells $28K of Stock

Iglesias Sanchez Oscar, an insider at Codere Online Luxembourg, S.A. (NasdaqCM: CDRO), sold 2,812 shares on June 16, 2026. This planned transaction was executed at an average price of $10.01 per share, totaling approximately $28,148. The stock was trading at $10.20 on the day of the sale.

Insider Buying and Selling at Codere Online Luxembourg, S.A.

Iglesias Sanchez Oscar has been active in trading Codere Online shares recently. On June 16, 2026, he sold 2,812 shares as part of a planned transaction. Prior to this, he sold 300 shares on June 15, 2026, and 2,130 shares on June 12, 2026. Additionally, Iglesias Sanchez sold smaller amounts on June 8 and June 2, all at prices around $10 per share. Deborah Frida Guivisdalsky, the Chief Operating Officer, also sold 1,154 shares at $8.72 on May 5, 2026.

Other Institutional Activity in Codere Online

Several institutional investors have adjusted their positions in Codere Online. FNY Investment Advisers, LLC increased its holdings by 111,248 shares, reaching a total of 962,426 shares valued at about $8.18 million. On the other hand, UBS Group AG reduced its stake by 52,805 shares, leaving it with 370,103 shares worth approximately $3.11 million. Morgan Stanley added 2,000 shares, bringing its total to 153,206 shares valued at $1.29 million.

Codere Online Luxembourg, S.A. Stock Up 13.3%

Shares of Codere Online (NasdaqCM: CDRO) traded near $10.20. The company has a market cap of approximately $454.2 million and a P/E ratio of 249.75, with a forward P/E of 23.56. Its beta is 0.444, indicating lower volatility compared to the market. The stock's 52-week range is between $5.18 and $10.20, with a 50-day moving average of $9.21 and a 200-day moving average of $7.87.

Recent Earnings

Codere Online reported revenue of $210.4 million, with a growth rate of 6.6%. The company posted an EPS of $0.04, with a net margin of 0.61% and a return on equity of 4.89%. The next earnings report is expected on July 30, 2026.

Analysts Set New Price Targets

On March 26, 2026, Stifel maintained its hold rating on Codere Online with a price target of $9. The consensus among analysts is a hold rating, with an average target price of $12.00 based on three opinions.

About Codere Online

Codere Online Luxembourg, S.A. operates in the gambling industry, offering online casino games and sports betting services. The company is headquartered in Luxembourg and serves markets in Spain, Mexico, and other international locations. Led by CEO Mr. Aviv Sher, Codere Online employs 369 people and provides its services through various digital platforms, including websites and mobile applications.

Bottom Line

Insider trading activity at Codere Online, including recent sales by Iglesias Sanchez Oscar, highlights movements in the company's stock. Investors often track these transactions for insights, though they are not necessarily indicative of future performance. Codere Online's stock performance and institutional activities remain key areas of interest for market watchers.