Cardlytics (CDLX)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	66.99 mm	66.99 mm	66.99 mm	66.99 mm	66.99 mm	66.99 mm
Cash burn (monthly)	1.42 mm	1.93 mm	49.52 mm	24.30 mm	(no burn)	739.08 k
Cash used (since last report)	7.14 mm	9.69 mm	248.80 mm	122.08 mm	n/a	3.71 mm
Cash remaining	59.85 mm	57.29 mm	-181.81 mm	-55.09 mm	n/a	63.27 mm
Runway (months of cash)	42.1	29.7	-3.7	-2.3	n/a	85.6

Beta Read what these cash burn values mean

Financial data from Cardlytics earnings reports.

Institutional ownership, Q3 2024

CDLX institutional ownership history Ownership history

60.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	116	130	-10.8%
Opened positions	15	22	-31.8%
Closed positions	29	33	-12.1%
Increased positions	38	46	-17.4%
Reduced positions	32	38	-15.8%

13F shares	Current	Prev Q	Change
Total value	96.99 bn	286.91 bn	-66.2%
Total shares	30.87 mm	33.79 mm	-8.7%
Total puts	774.90 k	1.18 mm	-34.1%
Total calls	1.23 mm	1.41 mm	-13.0%
Total put/call ratio	0.6	0.8	-24.2%

Largest owners	Shares	Value	Change
CAS Investment Partners	6.42 mm	$20.54 bn	-0.7%
BlackRock	3.14 mm	$10.04 bn	NEW
Vanguard	2.67 mm	$8.54 bn	+10.6%
683 Capital Management	2.23 mm	$7.12 bn	+6.0%
KPS Global Asset Management UK	1.22 mm	$3.90 bn	0.0%
Worldly Partners Management	1.16 mm	$3.71 bn	0.0%
Brightlight Capital Management	1.07 mm	$3.41 bn	0.0%
Geode Capital Management	1.05 mm	$3.37 bn	+7.5%
STT State Street	873.33 k	$2.79 bn	-2.0%
Marshall Wace	853.95 k	$2.73 bn	+4.9%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	0.00	-3.15 mm	EXIT
BlackRock	3.14 mm	+3.14 mm	NEW
MS Morgan Stanley	356.12 k	-1.81 mm	-83.6%
Tenzing Global Management	0.00	-625.00 k	EXIT
Davidson Kempner Capital Management	0.00	-550.00 k	EXIT
Nuveen Asset Management	166.20 k	-499.27 k	-75.0%
D. E. Shaw & Co.	573.27 k	+484.36 k	+544.8%
RBF Capital	488.13 k	+369.62 k	+311.9%
Gsa Capital Partners	382.32 k	+354.47 k	+1273.2%
PB Investment Partners	397.10 k	+301.75 k	+316.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CDLX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
19 Feb 25	Amit Gupta	Common Stock	Sell	Dispose S	No	No	3.179	54,565	173.46 k	364,072
18 Feb 25	Amit Gupta	Common Stock	Sell	Dispose S	No	No	3.398	46,857	159.22 k	418,637
18 Feb 25	Alexis DeSieno	Common Stock	Sell	Dispose S	No	No	3.398	24,778	84.20 k	140,948
16 Feb 25	Amit Gupta	Common Stock	Option exercise	Acquire M	No	No	0	125,000	0.00	465,494
16 Feb 25	Amit Gupta	Common Stock	Option exercise	Acquire M	No	No	0	125,000	0.00	340,494
16 Feb 25	Amit Gupta	RSU Common Stock	Option exercise	Dispose M	No	No	0	125,000	0.00	375,000
16 Feb 25	Amit Gupta	RSU Common Stock	Option exercise	Dispose M	No	No	0	125,000	0.00	375,000
14 Feb 25	Alexis DeSieno	Common Stock	Option exercise	Acquire M	No	No	0	43,750	0.00	165,726
14 Feb 25	Alexis DeSieno	RSU Common Stock	Option exercise	Dispose M	No	No	0	43,750	0.00	87,500
30 Jan 25	Nicholas Hollmeyer Lynton	Common Stock	Sell	Dispose S	No	No	3.191	3,377	10.78 k	94,706