Criteo S.A. (NASDAQ:CRTO - Get Free Report) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $32.67 and last traded at $32.99, with a volume of 163457 shares. The stock had previously closed at $35.65.
Analyst Ratings Changes
Several analysts have recently commented on CRTO shares. Wells Fargo & Company increased their target price on shares of Criteo from $63.00 to $68.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Benchmark restated a "buy" rating and issued a $51.00 target price on shares of Criteo in a research note on Tuesday, February 4th. BMO Capital Markets increased their price target on Criteo from $48.00 to $60.00 and gave the company an "outperform" rating in a research report on Thursday, February 6th. DA Davidson boosted their price objective on Criteo from $53.00 to $57.00 and gave the stock a "buy" rating in a research report on Wednesday, February 5th. Finally, Stifel Nicolaus reaffirmed a "buy" rating and set a $61.00 target price (up from $59.00) on shares of Criteo in a research report on Thursday, February 6th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Criteo presently has a consensus rating of "Moderate Buy" and an average price target of $52.90.
View Our Latest Stock Report on Criteo
Criteo Price Performance
The firm has a market capitalization of $1.74 billion, a PE ratio of 17.93 and a beta of 0.74. The company's fifty day simple moving average is $38.53 and its 200 day simple moving average is $39.29.
Criteo (NASDAQ:CRTO - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The information services provider reported $1.41 EPS for the quarter, topping the consensus estimate of $1.37 by $0.04. Criteo had a net margin of 5.08% and a return on equity of 16.37%. On average, analysts anticipate that Criteo S.A. will post 3.09 earnings per share for the current fiscal year.
Insider Activity at Criteo
In other news, CEO Megan Clarken sold 13,823 shares of the company's stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $43.56, for a total transaction of $602,129.88. Following the sale, the chief executive officer now directly owns 488,229 shares in the company, valued at $21,267,255.24. This represents a 2.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Brian Gleason sold 1,924 shares of the firm's stock in a transaction that occurred on Friday, January 31st. The shares were 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 owns 137,161 shares of the company's stock, valued at $5,223,090.88. This trade represents a 1.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 26,363 shares of company stock worth $1,124,213. 1.71% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Vega Investment Solutions purchased a new position in Criteo during the fourth quarter worth about $41,000. Wells Fargo & Company MN grew its holdings in shares of Criteo by 53.2% during the fourth quarter. Wells Fargo & Company MN now owns 4,192 shares of the information services provider's stock worth $166,000 after purchasing an additional 1,455 shares in the last quarter. Palumbo Wealth Management LLC bought a new position in shares of Criteo in the fourth quarter worth approximately $208,000. Two Sigma Securities LLC purchased a new stake in Criteo in the fourth quarter valued at approximately $210,000. Finally, Trexquant Investment LP bought a new stake in Criteo during the fourth quarter valued at approximately $220,000. Institutional investors own 94.27% of the company's stock.
About Criteo
(
Get Free Report)
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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