Criteo S.A. (NASDAQ:CRTO) Insider Ryan Damon Sells 2,793 Shares

Criteo S.A. (NASDAQ:CRTO) insider Ryan Damon sold 2,793 shares of Criteo stock in a transaction on Friday, December 13th. The shares were sold at an average price of $42.54, for a total transaction of $118,814.22. Following the completion of the transaction, the insider now owns 115,646 shares in the company, valued at approximately $4,919,580.84. This trade represents a 2.36 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Ryan Damon also recently made the following trade(s):

• On Monday, November 25th, Ryan Damon sold 2,885 shares of Criteo stock. The stock was sold at an average price of $40.36, for a total transaction of $116,438.60.

Criteo Stock Down 0.2 %

Shares of Criteo stock traded down $0.08 during trading on Friday, hitting $42.57. 215,445 shares of the company were exchanged, compared to its average volume of 382,105. Criteo S.A. has a fifty-two week low of $23.87 and a fifty-two week high of $49.93. The firm has a 50 day moving average price of $39.55 and a 200 day moving average price of $41.18. The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of 29.01 and a beta of 1.05.

Wall Street Analyst Weigh In

CRTO has been the subject of several analyst reports. Wells Fargo & Company assumed coverage on shares of Criteo in a report on Monday, October 28th. They set an “overweight” rating and a $70.00 price target for the company. DA Davidson decreased their price objective on shares of Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. StockNews.com raised shares of Criteo from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. Susquehanna decreased their price target on Criteo from $50.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. Finally, Benchmark restated a “buy” rating and issued a $51.00 price target on shares of Criteo in a report on Tuesday, November 19th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Criteo has an average rating of “Moderate Buy” and a consensus price target of $50.67.

Hedge Funds Weigh In On Criteo

A number of institutional investors have recently made changes to their positions in CRTO. 272 Capital LP purchased a new stake in Criteo during the 3rd quarter worth about $1,141,000. Barclays PLC boosted its stake in shares of Criteo by 40.6% during the 3rd quarter. Barclays PLC now owns 6,186 shares of the information services provider’s stock worth $249,000 after purchasing an additional 1,787 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Criteo by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 49,143 shares of the information services provider’s stock worth $1,978,000 after purchasing an additional 518 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Criteo during the third quarter worth about $6,676,000. Finally, MML Investors Services LLC acquired a new position in shares of Criteo in the third quarter valued at approximately $275,000. 94.27% of the stock is 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.