Brian Gleason Sells 3,135 Shares of Criteo S.A. (NASDAQ:CRTO) Stock

Criteo S.A. (NASDAQ:CRTO - Get Free Report) insider Brian Gleason sold 3,135 shares of Criteo stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $36.95, for a total value of $115,838.25. Following the completion of the sale, the insider now owns 139,085 shares of the company's stock, valued at $5,139,190.75. The trade was a 2.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Criteo Price Performance

NASDAQ CRTO traded down $0.21 during trading on Wednesday, hitting $38.35. The company's stock had a trading volume of 405,173 shares, compared to its average volume of 397,514. Criteo S.A. has a fifty-two week low of $25.63 and a fifty-two week high of $49.93. The company has a market cap of $2.12 billion, a PE ratio of 26.09 and a beta of 1.06. The business's 50 day simple moving average is $40.18 and its 200-day simple moving average is $41.61.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. DA Davidson reduced their price target on shares of Criteo from $58.00 to $53.00 and set a "buy" rating for the company in a report on Thursday, October 31st. Benchmark reissued a "buy" rating and issued a $51.00 price objective on shares of Criteo in a research note on Tuesday, November 19th. StockNews.com cut Criteo from a "buy" rating to a "hold" rating in a research report on Friday, January 17th. Susquehanna reduced their price target on Criteo from $50.00 to $36.00 and set a "neutral" rating for the company in a research report on Thursday, October 31st. Finally, Wells Fargo & Company dropped their price objective on Criteo from $66.00 to $63.00 and set an "overweight" rating on the stock in a research report on Thursday, January 16th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $49.89.

Institutional Trading of Criteo

A number of institutional investors have recently bought and sold shares of the stock. Whale Rock Capital Management LLC increased its stake in Criteo by 230.1% during the 3rd quarter. Whale Rock Capital Management LLC now owns 2,519,864 shares of the information services provider's stock valued at $101,399,000 after purchasing an additional 1,756,507 shares in the last quarter. Congress Asset Management Co. acquired a new position in shares of Criteo in the 3rd quarter valued at $48,653,000. Lord Abbett & CO. LLC raised its stake 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 worth $74,567,000 after acquiring an additional 547,718 shares during the last quarter. Senvest Management LLC lifted its position in Criteo by 19.6% during the 3rd quarter. Senvest Management LLC now owns 2,895,784 shares of the information services provider's stock worth $116,526,000 after acquiring an additional 475,530 shares during the period. Finally, Clearbridge Investments LLC purchased a new stake in Criteo during the 2nd quarter valued at about $11,059,000. 94.27% of the stock is currently owned by institutional investors and hedge funds.

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.

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