Sarah Js Glickman Sells 5,442 Shares of Criteo S.A. (NASDAQ:CRTO) Stock

Criteo S.A. (NASDAQ:CRTO) CFO Sarah Js Glickman sold 5,442 shares of the stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of $40.60, for a total value of $220,945.20. Following the transaction, the chief financial officer now owns 313,398 shares in the company, valued at approximately $12,723,958.80. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Criteo Price Performance

Shares of CRTO stock opened at $41.31 on Friday. The stock has a market cap of $2.34 billion, a P/E ratio of 42.59 and a beta of 0.99. Criteo S.A. has a one year low of $22.10 and a one year high of $49.93. The stock has a fifty day moving average price of $43.20 and a 200 day moving average price of $40.62.

Criteo (NASDAQ:CRTO) last issued its earnings results on Thursday, August 1st. The information services provider reported $1.08 EPS for the quarter, topping the consensus estimate of $0.77 by $0.31. The firm had revenue of $471.31 million during the quarter, compared to analysts’ expectations of $263.64 million. Criteo had a return on equity of 15.64% and a net margin of 4.54%. Criteo’s quarterly revenue was up .5% compared to the same quarter last year. During the same period last year, the business earned $0.12 earnings per share. Equities research analysts anticipate that Criteo S.A. will post 2.8 EPS for the current year.

Analyst Ratings Changes

CRTO has been the subject of several research reports. Benchmark reissued a “buy” rating and issued a $56.00 price objective on shares of Criteo in a research report on Thursday, October 10th. BMO Capital Markets increased their price objective on Criteo from $45.00 to $55.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. Morgan Stanley increased their price objective on Criteo from $35.00 to $39.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 23rd. JPMorgan Chase & Co. increased their price objective on Criteo from $40.00 to $50.00 and gave the company a “neutral” rating in a research report on Friday, August 2nd. Finally, DA Davidson raised Criteo from a “neutral” rating to a “buy” rating and increased their price objective for the company from $43.00 to $58.00 in a research report on Tuesday, August 6th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Criteo has a consensus rating of “Moderate Buy” and an average target price of $50.11.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CRTO. GAMMA Investing LLC lifted its holdings in shares of Criteo by 67.3% during the second quarter. GAMMA Investing LLC now owns 738 shares of the information services provider’s stock valued at $28,000 after acquiring an additional 297 shares during the period. USA Financial Formulas bought a new position in shares of Criteo during the third quarter valued at $31,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Criteo by 868.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,394 shares of the information services provider’s stock valued at $53,000 after acquiring an additional 1,250 shares during the period. Covestor Ltd lifted its holdings in shares of Criteo by 64.1% during the first quarter. Covestor Ltd now owns 1,838 shares of the information services provider’s stock valued at $64,000 after acquiring an additional 718 shares during the period. Finally, Blue Trust Inc. lifted its holdings in shares of Criteo by 7,011.5% during the second quarter. Blue Trust Inc. now owns 1,849 shares of the information services provider’s stock valued at $65,000 after acquiring an additional 1,823 shares during the period. 94.27% of the stock is owned by institutional investors.

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.