Insider Selling: Criteo S.A. (NASDAQ:CRTO) CFO Sells 5,504 Shares of Stock

Criteo S.A. (NASDAQ:CRTO) CFO Sarah Js Glickman sold 5,504 shares of the company’s stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $35.40, for a total value of $194,841.60. Following the completion of the transaction, the chief financial officer now owns 327,232 shares in the company, valued at approximately $11,584,012.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Sarah Js Glickman also recently made the following trade(s):

• On Monday, February 26th, Sarah Js Glickman sold 9,653 shares of Criteo stock. The shares were sold at an average price of $32.69, for a total value of $315,556.57.

Criteo Stock Up 0.3 %

NASDAQ CRTO traded up $0.09 during trading hours on Tuesday, reaching $35.61. The company’s stock had a trading volume of 182,151 shares, compared to its average volume of 254,402. The firm’s 50-day moving average price is $33.95 and its 200-day moving average price is $28.68. Criteo S.A. has a 1 year low of $22.10 and a 1 year high of $36.75. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 39.72 and a beta of 0.95.

Criteo (NASDAQ:CRTO) last released its quarterly earnings results on Wednesday, February 7th. The information services provider reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.30. The company had revenue of $316.38 million for the quarter, compared to the consensus estimate of $300.35 million. Criteo had a net margin of 2.73% and a return on equity of 10.42%. Equities research analysts anticipate that Criteo S.A. will post 2.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Susquehanna increased their price objective on Criteo from $26.00 to $33.00 and gave the stock a “neutral” rating in a report on Thursday, February 8th. TheStreet upgraded Criteo from a “c” rating to a “b-” rating in a research report on Friday, February 9th. JPMorgan Chase & Co. lifted their target price on shares of Criteo from $27.00 to $31.00 and gave the stock a “neutral” rating in a research report on Thursday, February 8th. DA Davidson upped their price target on shares of Criteo from $27.00 to $35.00 and gave the company a “neutral” rating in a research report on Monday, March 4th. Finally, BMO Capital Markets lifted their price target on Criteo from $28.00 to $31.00 and gave the stock a “market perform” rating in a research note on Thursday, February 8th. Five investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $36.11.

Hedge Funds Weigh In On Criteo

Large investors have recently made changes to their positions in the company. CenterBook Partners LP boosted its position in Criteo by 6.0% in the 3rd quarter. CenterBook Partners LP now owns 13,432 shares of the information services provider’s stock valued at $392,000 after buying an additional 766 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in shares of Criteo by 7.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 11,350 shares of the information services provider’s stock valued at $287,000 after acquiring an additional 822 shares in the last quarter. Citigroup Inc. bought a new position in Criteo during the 3rd quarter worth about $33,000. Mather Group LLC. bought a new stake in shares of Criteo in the 1st quarter valued at about $48,000. Finally, Black Creek Investment Management Inc. boosted its stake in shares of Criteo by 5.3% during the third quarter. Black Creek Investment Management Inc. now owns 39,733 shares of the information services provider’s stock valued at $1,160,000 after purchasing an additional 2,000 shares in the last quarter. 94.27% of the stock is owned by hedge funds and other 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.