Criteo S.A. (NASDAQ:CRTO) Insider Sells $73,265.92 in Stock

Criteo S.A. (NASDAQ:CRTO) insider Brian Gleason sold 1,924 shares of the firm’s stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $38.08, for a total transaction of $73,265.92. Following the completion of the transaction, the insider now directly owns 137,161 shares in the company, valued at $5,223,090.88. This represents a 1.38 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Brian Gleason also recently made the following trade(s):

• On Tuesday, January 28th, Brian Gleason sold 3,135 shares of Criteo stock. The stock was sold at an average price of $36.95, for a total value of $115,838.25.

Criteo Price Performance

Criteo stock opened at $37.66 on Tuesday. Criteo S.A. has a 12-month low of $25.75 and a 12-month high of $49.93. The stock has a market capitalization of $2.08 billion, a PE ratio of 25.62 and a beta of 1.05. The firm has a 50 day simple moving average of $40.08 and a 200-day simple moving average of $41.56.

Analyst Ratings Changes

CRTO has been the subject of a number of analyst reports. Benchmark restated a “buy” rating and set a $51.00 price objective on shares of Criteo in a research report on Tuesday, November 19th. DA Davidson lowered their price target on shares of Criteo from $58.00 to $53.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. StockNews.com upgraded shares of Criteo from a “hold” rating to a “buy” rating in a research report on Friday. Wells Fargo & Company decreased their target price on shares of Criteo from $66.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Finally, Susquehanna cut their price target on Criteo from $50.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, October 31st. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Criteo presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.89.

Hedge Funds Weigh In On Criteo

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Whale Rock Capital Management LLC raised its stake in shares of Criteo by 230.1% in the 3rd quarter. Whale Rock Capital Management LLC now owns 2,519,864 shares of the information services provider’s stock worth $101,399,000 after buying an additional 1,756,507 shares in the last quarter. Congress Asset Management Co. bought a new stake in Criteo in the third quarter worth about $48,653,000. Lord Abbett & CO. LLC lifted its holdings in Criteo by 42.0% in the 3rd quarter. Lord Abbett & CO. LLC now owns 1,853,068 shares of the information services provider’s stock valued at $74,567,000 after acquiring an additional 547,718 shares during the last quarter. Senvest Management LLC boosted its position in shares of Criteo by 19.6% during the 3rd quarter. Senvest Management LLC now owns 2,895,784 shares of the information services provider’s stock valued at $116,526,000 after purchasing an additional 475,530 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Criteo in the 3rd quarter worth approximately $6,676,000. 94.27% of the stock is owned by institutional investors.

About Criteo

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.