Sarah Js Glickman Sells 1,520 Shares of Criteo S.A. (NASDAQ:CRTO) Stock

Criteo S.A. (NASDAQ:CRTO) CFO Sarah Js Glickman sold 1,520 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $40.36, for a total transaction of $61,347.20. Following the completion of the sale, the chief financial officer now owns 311,878 shares of the company’s stock, valued at approximately $12,587,396.08. This trade represents a 0.49 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Sarah Js Glickman also recently made the following trade(s):

• On Wednesday, October 23rd, Sarah Js Glickman sold 5,442 shares of Criteo stock. The shares were sold at an average price of $40.60, for a total value of $220,945.20.

Criteo Trading Up 1.9 %

CRTO stock opened at $42.34 on Thursday. Criteo S.A. has a 1-year low of $23.87 and a 1-year high of $49.93. The stock has a market cap of $2.34 billion, a price-to-earnings ratio of 28.28 and a beta of 1.02. The company’s 50 day moving average is $39.32 and its 200 day moving average is $40.85.

Institutional Trading of Criteo

Institutional investors and hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC lifted its stake in Criteo by 67.3% during the second quarter. GAMMA Investing LLC now owns 738 shares of the information services provider’s stock worth $28,000 after purchasing an additional 297 shares during the last quarter. Assetmark Inc. boosted its stake in shares of Criteo by 8.2% in the 3rd quarter. Assetmark Inc. now owns 5,616 shares of the information services provider’s stock valued at $226,000 after purchasing an additional 424 shares in the last quarter. QRG Capital Management Inc. grew its holdings in shares of Criteo by 3.5% during the 3rd quarter. QRG Capital Management Inc. now owns 15,518 shares of the information services provider’s stock valued at $624,000 after purchasing an additional 518 shares during the last quarter. Geode Capital Management LLC raised its position in Criteo by 1.1% in 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 period. Finally, Waterfront Wealth Inc. lifted its stake in Criteo by 1.2% in the second quarter. Waterfront Wealth Inc. now owns 58,280 shares of the information services provider’s stock worth $2,198,000 after purchasing an additional 686 shares during the last quarter. Hedge funds and other institutional investors own 94.27% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their price target on shares of Criteo from $40.00 to $50.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. Macquarie increased their price objective on Criteo from $45.00 to $65.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Susquehanna cut their target price on shares of Criteo from $50.00 to $36.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Wells Fargo & Company initiated coverage on shares of Criteo in a report on Monday, October 28th. They set an “overweight” rating and a $70.00 target price on the stock. Finally, DA Davidson dropped their price objective on Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock presently 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.