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

Criteo S.A. (NASDAQ:CRTO - Get Free Report) insider Brian Gleason sold 1,924 shares of the business's stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $38.08, for a total value of $73,265.92. Following the completion of the transaction, the insider now directly owns 137,161 shares in the company, valued at approximately $5,223,090.88. This represents a 1.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed 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 shares were sold at an average price of $36.95, for a total value of $115,838.25.

Criteo Trading Up 1.6 %

Shares of NASDAQ:CRTO traded up $0.72 on Thursday, reaching $45.89. The company had a trading volume of 479,178 shares, compared to its average volume of 465,624. The firm has a market capitalization of $2.53 billion, a PE ratio of 31.22 and a beta of 1.05. Criteo S.A. has a 52-week low of $30.11 and a 52-week high of $49.93. The firm's 50 day simple moving average is $40.15 and its 200-day simple moving average is $41.60.

Criteo (NASDAQ:CRTO - Get Free Report) last posted its earnings results on Wednesday, February 5th. The information services provider reported $1.41 EPS for the quarter, beating analysts' consensus estimates of $1.37 by $0.04. Criteo had a net margin of 4.52% and a return on equity of 15.56%. As a group, equities research analysts predict that Criteo S.A. will post 2.67 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. StockNews.com upgraded Criteo from a "hold" rating to a "buy" rating in a research report on Friday, January 31st. Wells Fargo & Company lifted their price target on shares of Criteo from $63.00 to $68.00 and gave the stock an "overweight" rating in a research note on Thursday. DA Davidson increased their price objective on shares of Criteo from $53.00 to $57.00 and gave the stock a "buy" rating in a research report on Wednesday. BMO Capital Markets raised their price objective on shares of Criteo from $48.00 to $60.00 and gave the stock an "outperform" rating in a research note on Thursday. Finally, Susquehanna cut their target price on Criteo from $50.00 to $36.00 and set a "neutral" rating on the stock in a research note on Thursday, October 31st. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, Criteo currently has a consensus rating of "Moderate Buy" and a consensus price target of $52.90.

Institutional Investors Weigh In On Criteo

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

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.