Criteo S.A. (NASDAQ:CRTO) CEO Sells $332,979.31 in Stock

Criteo S.A. (NASDAQ:CRTO - Get Free Report) CEO Megan Clarken sold 7,481 shares of the company's stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $44.51, for a total transaction of $332,979.31. Following the completion of the transaction, the chief executive officer now owns 502,052 shares in the company, valued at approximately $22,346,334.52. This represents a 1.47 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Megan Clarken also recently made the following trade(s):

• On Thursday, February 13th, Megan Clarken sold 13,823 shares of Criteo stock. The stock was sold at an average price of $43.56, for a total transaction of $602,129.88.
• On Monday, November 25th, Megan Clarken sold 9,284 shares of Criteo stock. The shares were sold at an average price of $40.36, for a total value of $374,702.24.

Criteo Trading Down 0.6 %

NASDAQ CRTO traded down $0.27 during trading hours on Monday, hitting $43.72. 341,922 shares of the company's stock traded hands, compared to its average volume of 473,409. Criteo S.A. has a 52 week low of $30.76 and a 52 week high of $49.93. The firm has a market capitalization of $2.41 billion, a P/E ratio of 26.02 and a beta of 1.05. The business's fifty day moving average price is $40.51 and its two-hundred day moving average price is $41.51.

Criteo (NASDAQ:CRTO - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The information services provider reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.37 by $0.04. Criteo had a net margin of 5.08% and a return on equity of 16.37%. On average, sell-side analysts expect that Criteo S.A. will post 2.62 EPS for the current fiscal year.

Institutional Trading of Criteo

A number of hedge funds and other institutional investors have recently bought and sold shares of CRTO. Farther Finance Advisors LLC bought a new position in shares of Criteo during the 3rd quarter valued at approximately $50,000. GAMMA Investing LLC boosted its position in shares of Criteo by 117.8% in the third quarter. GAMMA Investing LLC now owns 1,607 shares of the information services provider's stock worth $65,000 after purchasing an additional 869 shares during the period. Blue Trust Inc. boosted its position in shares of Criteo by 99.5% in the third quarter. Blue Trust Inc. now owns 3,689 shares of the information services provider's stock worth $139,000 after purchasing an additional 1,840 shares during the period. Wells Fargo & Company MN increased its stake in shares of Criteo by 53.2% in 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. Finally, Palumbo Wealth Management LLC bought a new stake in shares of Criteo during the 4th quarter valued at $208,000. Hedge funds and other institutional investors own 94.27% of the company's stock.

Wall Street Analyst Weigh In

CRTO has been the subject of several recent analyst reports. Morgan Stanley boosted their price target on Criteo from $42.00 to $44.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 6th. StockNews.com raised Criteo from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 8th. DA Davidson raised their price target on shares of Criteo from $53.00 to $57.00 and gave the company a "buy" rating in a report on Wednesday, February 5th. Susquehanna decreased their price objective on shares of Criteo from $50.00 to $36.00 and set a "neutral" rating for the company in a report on Thursday, October 31st. Finally, BMO Capital Markets increased their price objective on shares of Criteo from $48.00 to $60.00 and gave the company an "outperform" rating in a research report on Thursday, February 6th. Four equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Criteo has a consensus rating of "Moderate Buy" and an average target price of $52.90.

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.