Insider Selling: Criteo S.A. (NASDAQ:CRTO) CFO Sells 1,520 Shares of Stock

Criteo S.A. (NASDAQ:CRTO) CFO Sarah Js Glickman sold 1,520 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $40.36, for a total value of $61,347.20. Following the transaction, the chief financial officer now owns 311,878 shares in the company, valued at approximately $12,587,396.08. This represents a 0.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Sarah Js Glickman also recently made the following trade(s):

• On Wednesday, October 23rd, Sarah Js Glickman sold 5,442 shares of Criteo stock. The shares were sold at an average price of $40.60, for a total transaction of $220,945.20.

Criteo Trading Up 1.9 %

NASDAQ:CRTO opened at $42.34 on Thursday. Criteo S.A. has a 12-month low of $23.87 and a 12-month high of $49.93. The stock has a 50-day moving average price of $39.32 and a 200 day moving average price of $40.85. The stock has a market capitalization of $2.34 billion, a P/E ratio of 28.28 and a beta of 1.02.

Hedge Funds Weigh In On Criteo

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC grew its position in shares of Criteo by 67.3% during the second quarter. GAMMA Investing LLC now owns 738 shares of the information services provider’s stock valued at $28,000 after purchasing an additional 297 shares in the last quarter. USA Financial Formulas bought a new stake in shares of Criteo in the 3rd quarter worth about $31,000. Farther Finance Advisors LLC purchased a new stake in Criteo during the third quarter valued at approximately $50,000. EverSource Wealth Advisors LLC raised its holdings in Criteo by 868.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,394 shares of the information services provider’s stock valued at $53,000 after buying an additional 1,250 shares during the period. Finally, Blue Trust Inc. increased its holdings in shares of Criteo by 7,011.5% in the 2nd quarter. Blue Trust Inc. now owns 1,849 shares of the information services provider’s stock valued at $65,000 after acquiring an additional 1,823 shares during the period. Institutional investors own 94.27% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on CRTO shares. Wells Fargo & Company assumed coverage on Criteo in a research report on Monday, October 28th. They set an “overweight” rating and a $70.00 price target on the stock. Macquarie increased their price target on shares of Criteo from $45.00 to $65.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Benchmark reissued a “buy” rating and issued a $51.00 target price on shares of Criteo in a research report on Tuesday, November 19th. DA Davidson lowered their price target on Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. Finally, JPMorgan Chase & Co. raised their price objective on shares of Criteo from $40.00 to $50.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. Four analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $50.67.

Criteo Company Profile

Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties.