Ryan Damon Sells 2,885 Shares of Criteo S.A. (NASDAQ:CRTO) Stock

Criteo S.A. (NASDAQ:CRTO) insider Ryan Damon sold 2,885 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $40.36, for a total transaction of $116,438.60. Following the completion of the transaction, the insider now owns 118,334 shares in the company, valued at approximately $4,775,960.24. This represents a 2.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Criteo Stock Performance

CRTO stock opened at $41.57 on Wednesday. Criteo S.A. has a one year low of $23.87 and a one year high of $49.93. The stock has a market capitalization of $2.29 billion, a PE ratio of 27.82 and a beta of 1.02. The company has a fifty day moving average of $39.34 and a 200-day moving average of $40.83.

Institutional Trading of Criteo

Several hedge funds have recently made changes to their positions in the company. O Shaughnessy Asset Management LLC acquired a new stake in shares of Criteo in the first quarter valued at about $231,000. Quadrature Capital Ltd acquired a new stake in shares of Criteo in the first quarter valued at about $213,000. Cetera Advisors LLC acquired a new stake in shares of Criteo in the first quarter valued at about $424,000. GAMMA Investing LLC lifted its stake in shares of Criteo by 67.3% in the second quarter. GAMMA Investing LLC now owns 738 shares of the information services provider’s stock valued at $28,000 after purchasing an additional 297 shares during the period. Finally, QRG Capital Management Inc. lifted its stake in shares of Criteo by 64.0% in the second quarter. QRG Capital Management Inc. now owns 15,000 shares of the information services provider’s stock valued at $566,000 after purchasing an additional 5,854 shares during the period. Institutional investors and hedge funds own 94.27% of the company’s stock.

Analyst Upgrades and Downgrades

CRTO has been the topic of several recent analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Criteo from $40.00 to $50.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. Benchmark reiterated a “buy” rating and set a $51.00 target price on shares of Criteo in a report on Tuesday, November 19th. StockNews.com upgraded shares of Criteo from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. KeyCorp lowered shares of Criteo from an “overweight” rating to a “sector weight” rating in a report on Tuesday, July 30th. Finally, BMO Capital Markets increased their target price on shares of Criteo from $45.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Criteo currently has an average rating of “Moderate Buy” and an average price target of $50.67.

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.