Criteo S.A. (NASDAQ:CRTO) CFO Sells $194,841.60 in Stock

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

Shares of Criteo stock traded up $0.09 on Tuesday, hitting $35.61. The company’s stock had a trading volume of 182,151 shares, compared to its average volume of 254,402. The firm has a fifty day moving average price of $33.95 and a 200-day moving average price of $28.68. Criteo S.A. has a 52-week low of $22.10 and a 52-week high of $36.75. The company has a market capitalization of $1.97 billion, a P/E ratio of 39.72 and a beta of 0.95.

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

Institutional Investors Weigh In On Criteo

Large investors have recently bought and sold shares of the stock. Mather Group LLC. purchased a new stake in shares of Criteo during the first quarter worth about $48,000. Orchard Capital Management LLC lifted its stake in shares of Criteo by 3.2% during the 4th quarter. Orchard Capital Management LLC now owns 453,896 shares of the information services provider’s stock worth $11,493,000 after purchasing an additional 14,281 shares during the period. Barometer Capital Management Inc. acquired a new stake in shares of Criteo during the fourth quarter worth $119,000. Cadian Capital Management LP increased its stake in Criteo by 70.4% in the fourth quarter. Cadian Capital Management LP now owns 4,239,314 shares of the information services provider’s stock valued at $107,339,000 after purchasing an additional 1,751,511 shares during the last quarter. Finally, Pale Fire Capital SE acquired a new position in Criteo in the fourth quarter valued at $443,000. Institutional investors and hedge funds own 94.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on CRTO shares. BMO Capital Markets lifted their price objective on shares of Criteo from $28.00 to $31.00 and gave the company a “market perform” rating in a research report on Thursday, February 8th. Susquehanna lifted their target price on shares of Criteo from $26.00 to $33.00 and gave the company a “neutral” rating in a report on Thursday, February 8th. Wells Fargo & Company raised shares of Criteo from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $28.00 to $41.00 in a report on Thursday, February 8th. DA Davidson lifted their price objective on Criteo from $27.00 to $35.00 and gave the company a “neutral” rating in a report on Monday, March 4th. Finally, StockNews.com raised Criteo from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 8th. Five analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $36.11.

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.