Criteo S.A. (NASDAQ:CRTO) Insider Sells $73,265.92 in Stock

Criteo S.A. (NASDAQ:CRTO) insider Brian Gleason sold 1,924 shares of the business’s stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $38.08, for a total value of $73,265.92. Following the completion of the transaction, the insider now owns 137,161 shares in the company, valued at $5,223,090.88. The trade was a 1.38 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Brian Gleason also recently made the following trade(s):

• On Tuesday, January 28th, Brian Gleason sold 3,135 shares of Criteo stock. The stock was sold at an average price of $36.95, for a total value of $115,838.25.

Criteo Stock Down 1.0 %

NASDAQ:CRTO traded down $0.37 during mid-day trading on Monday, hitting $37.62. 518,888 shares of the stock traded hands, compared to its average volume of 413,966. Criteo S.A. has a 12-month low of $25.75 and a 12-month high of $49.93. The business’s 50-day moving average price is $40.13 and its 200 day moving average price is $41.57. The company has a market cap of $2.08 billion, a PE ratio of 25.59 and a beta of 1.05.

Wall Street Analyst Weigh In

CRTO has been the topic of a number of recent analyst reports. Wells Fargo & Company lowered their target price on Criteo from $66.00 to $63.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. Benchmark reiterated a “buy” rating and issued a $51.00 target price on shares of Criteo in a research note on Tuesday, November 19th. StockNews.com upgraded shares of Criteo from a “hold” rating to a “buy” rating in a research note on Friday. Susquehanna dropped their price objective 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, DA Davidson decreased their target price on Criteo from $58.00 to $53.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $49.89.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Senvest Management LLC increased its holdings in shares of Criteo by 19.6% in the 3rd quarter. Senvest Management LLC now owns 2,895,784 shares of the information services provider’s stock worth $116,526,000 after buying an additional 475,530 shares during the last quarter. Whale Rock Capital Management LLC increased its stake 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 valued at $101,399,000 after acquiring an additional 1,756,507 shares during the last quarter. Lord Abbett & CO. LLC raised its position 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 purchasing an additional 547,718 shares in the last quarter. Congress Asset Management Co. bought a new stake in Criteo during the third quarter worth about $48,653,000. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Criteo by 31.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 437,419 shares of the information services provider’s stock worth $17,602,000 after purchasing an additional 103,593 shares in the last quarter. 94.27% of the stock is currently owned by institutional investors.

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.