Criteo S.A. (NASDAQ:CRTO) Insider Brian Gleason Sells 3,135 Shares

Criteo S.A. (NASDAQ:CRTO) insider Brian Gleason sold 3,135 shares of the stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $36.95, for a total transaction of $115,838.25. Following the sale, the insider now owns 139,085 shares in the company, valued at approximately $5,139,190.75. This trade represents a 2.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Criteo Trading Down 0.8 %

Criteo stock opened at $38.27 on Thursday. Criteo S.A. has a 52 week low of $25.63 and a 52 week high of $49.93. The stock has a market cap of $2.11 billion, a price-to-earnings ratio of 26.03 and a beta of 1.06. The company’s 50-day moving average price is $40.19 and its two-hundred day moving average price is $41.59.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Whale Rock Capital Management LLC lifted its position in Criteo by 230.1% in the third quarter. Whale Rock Capital Management LLC now owns 2,519,864 shares of the information services provider’s stock worth $101,399,000 after purchasing an additional 1,756,507 shares during the period. Congress Asset Management Co. acquired a new stake in shares of Criteo in the third quarter valued at $48,653,000. Lord Abbett & CO. LLC boosted its stake in 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 valued at $74,567,000 after buying an additional 547,718 shares in the last quarter. Senvest Management LLC boosted its stake in 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 in the last quarter. Finally, Clearbridge Investments LLC acquired a new position in Criteo during the second quarter worth about $11,059,000. Institutional investors and hedge funds own 94.27% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Susquehanna dropped their price target on Criteo from $50.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, October 31st. DA Davidson dropped their target price on Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Benchmark reissued a “buy” rating and set a $51.00 price target on shares of Criteo in a report on Tuesday, November 19th. Wells Fargo & Company dropped their price objective on shares of Criteo from $66.00 to $63.00 and set an “overweight” rating on the stock in a report on Thursday, January 16th. Finally, StockNews.com downgraded shares of Criteo from a “buy” rating to a “hold” rating in a research report on Friday, January 17th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Criteo currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.89.

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.